BUSINESS

Japan ekes out progress in a turbulent year of politicized trade

Buffeted by U.S.-China friction and nonmarket forces, two deals helped Japan ride out the storm

The United Nations says the U.S.-China trade war cost Beijing $35 billion in the first half alone. | AFP-JIJI

By Satoshi Sugiyama
Staff Writer

Dec 19, 2019

World trade continued to plunge into chaos this year, as U.S. President Donald Trump continued to petrify trading partners around the world with his unpredictable presidency.

Even though the U.S. and China appear to have taken a respite from their trade war following a partial agreement this month, 2019 was a volatile year for global trade.

Japan was no exception.

Japan ekes out progress in a turbulent year of politicized trade

Buffeted by U.S.-China friction and nonmarket forces, two deals helped Japan ride out the storm

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