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Japan suffered a trade deficit last month as exports sank for the first time in more than two years, dragged down by a slowdown overseas. Japan’s trade deficit totaled 78.7 billion yen ($539 ...
Japan racked up a trade deficit of 294.3 billion yen ($2 billion) in September, according to Finance Ministry data released Thursday, as exports fell to key destinations like China. For the first ...
Japan would welcome the European Union's lifting of restrictions on food imports imposed after a 2011 nuclear accident triggered by a major earthquake and tsunami, a government spokesperson said ...
The surplus reached a record US$18.2 billion in 1978, promoting considerable tension between the United States and Japan. In 1979 petroleum prices jumped again, and Japan's trade balance again turned to deficit, reaching US$10.7 billion in 1980. Once again, rapid export growth and stagnant imports returned Japan quickly to surplus by 1981.
China is now Japan's largest export market, surpassing the U.S. despite a drop in overall trade, according to recent figures from the Japan External Trade Organization. Japan's exports to China fell 25.3% during the first half of 2009 to $46.5 billion, but due to a steeper drop in shipments to the U.S., China became Japan's largest trade ...
A comfort women rally in front of the Japanese Embassy in Seoul demanding compensation from the Japanese government in August 2011. Although the Japanese Ministry of Economy, Trade and Industry (METI) officially cites "undermined trust in the field of export control" as its reason to remove South Korea from the white list, [6] many external observers argued that current tensions more broadly ...
Cho’s announcement came hours after South Korea expressed “extreme regret” over Japan’s travel restrictions and warned of countermeasures. South Korea, Japan trade travel restrictions in ...
On 17 May 2019, the United States and Japan struck a trade deal to lift the beef import ban, clearing the way for U.S. products to enter the market regardless of age. U.S. agriculture secretary Sonny Perdue hailed the trade deal, stating "This is great news for American ranchers and exporters who now have full access to the Japanese market for their high-quality, safe, wholesome, and delicious ...