Japan records 5th straight fiscal year of trade deficits as Trump’s tariffs hit auto exports

Japan records 5th straight fiscal year of trade deficits as Trump’s tariffs hit auto exports

TOKYO (AP) — Japan’s trade deficit was 1.7 trillion yen ($10.7 billion) in the fiscal year that ended in March, the government said Wednesday, the fifth straight fiscal year of deficits. Exports rose 4% from the previous year, while imports inched up just 0.5%, the Finance Ministry reported. U.S....

Redirecting to full article...