Japan logs trade deficit for third straight month on weak exports to Asia
The trade deficit came to ¥122.98 billion, following a revised ¥143.53 billion deficit in August, according to a preliminary report by the Finance Ministry.
Exports dropped for a ninth straight month in August as trade conflicts compound a global economic slowdown. The value of shipments abroad fell 8.2 percent in August from a year earlier, according to the Finance Ministry. Economists surveyed by Bloomberg had estimated a 10 percent ...
China to exempt U.S. pork and soybeans from additional tariffs: Xinhua
China will exempt some agricultural products from additional tariffs on U.S. goods, China's official Xinhua News Agency said Friday, in the latest sign of easing Sino-U.S. tensions before a new rounds of talks aimed at curbing a bruising trade war. The United States and China ...
Prices for imported minced fish products soar amid increased demand in overseas markets
Prices of imported minced fish products — ingredients for fishcakes used in popular oden hot pot dishes in Japan — have been soaring due to increased demand in Europe, the United States and China, as well as rising logistics and personnel costs, according to ...
Japan's goods trade deficit grew in July on weak exports to China
Japan logged a goods trade deficit of ¥249.6 billion in July, weighed down by a decrease in exports to China amid Beijing's ongoing trade conflict with Washington, according to government data released Monday. The preliminary reading for July followed a revised ¥589.6 billion surplus for ...
Japan says South Korea has failed to justify stripping Tokyo of fast-track trade status
Industry minister Hiroshige Seko said Seoul has not shown how Japan has fallen short of international export control measures following the latest move in the bilateral spat.
South Korea to tighten radiation checks on imports of coal ash from Japan
South Korea's Environment Ministry said Thursday it will tighten radiation checks on coal ash imports from Japan because they might be contaminated. Coal ash, a byproduct from thermal power plants, can be used to make cement. The move is seen as Seoul's first counterattack after ...
Brazil judge orders Petrobras to refuel Iranian ships stranded by U.S. sanctions, source says
A Supreme Court judge on Thursday ordered Brazil's state oil giant Petrobras to refuel two Iranian ships stranded off the country's coast, a source involved in the dispute and a report said. The order came after Iran's top envoy to Brazil told Bloomberg that Tehran ...
Japan and U.S. eye limited trade deal for agriculture and autos by September: sources
An auto industry official said the deal could involve Japan offering U.S. farmers new access to its market in return for Washington reducing tariffs on certain Japanese auto parts.
U.S. slaps new duties on steel from Mexico and China, alleging unfair subsidies
The United States announced fresh duties on some Mexican and Chinese steel goods Monday, saying those countries helped their manufacturers with unfair subsidies. The decision comes two months after President Donald Trump agreed to lift tariffs on steel and aluminum from Mexico and Canada after ...
Japan's imported auto sales for January to June logged first drop in 10 years
Sales of imported foreign-brand vehicles in Japan in January to June fell 1.8 percent year on year to 149,010 units, down for the first time in 10 years, industry data showed Thursday. Still, the sales figure was the fifth highest for the first-half period, thanks ...
The U.S. merchandise trade deficit with Japan shrank 26.1 percent in May from the previous month to $5.35 billion (¥576.8 billion), the Commerce Department said Wednesday. The deficit with China, meanwhile, expanded 12.2 percent to $30.20 billion, the department said. For the reporting month, Japan ranked ...
