U.S. and China dust off corporate deals before signing trade pact
The U.S. and China are finalizing a bevy of long-running corporate deals ahead of a high-profile ceremony next week to sign a trade deal, which the world's two largest economies are seeking to cast as a major breakthrough and a marked warming in their ...
Plunging U.S. imports pushed trade deficit to three-year low in November
America's trade deficit continued to tumble in November, hitting its lowest level in three years as imports of crude oil, computers and industrial supplies fell off sharply, the government reported Tuesday. That put the United States on track for the first drop in the annual ...
Japan-U.S. pact takes effect to promote goods, digital trade
Japan lowered its import duty on U.S. beef from 38.5 percent to 26.6 percent and will cut it down to 9 percent in fiscal 2033.
Hit by weak exports to China, Japan ran ¥82 billion trade deficit in November
Japan logged a goods trade deficit of ¥82.08 billion ($749 million) in November, hit by weak exports to China amid a slowdown in the world's second-largest economy, government data showed Wednesday. The trade deficit followed a revised ¥15.66 billion surplus in October, according to a ...
The current account surplus rose 38.0 percent in October from a year earlier, as imports dropped faster than exports amid falling crude oil prices and the prolonged U.S.-China trade conflict, government data showed Monday. The surplus came to ¥1.82 trillion, marking the 64th straight month ...
U.S. and Japan to discuss next trade talks in early 2020, USTR says
The United States and Japan will begin consultations early next year in order to enter negotiations on a broader trade agreement than the one signed in October, the Office of the U.S. Trade Representative said in a statement on Wednesday. U.S. Trade Representative Robert Lighthizer ...
Japan beer shipments to South Korea plummet 99.9% in September from year earlier
Japan's beer shipments to South Korea plummeted 99.9 percent in September from a year earlier to ¥588,000, as consumers in the neighboring country boycott Japanese products amid deteriorating bilateral ties, government data showed Wednesday. The campaign to boycott Japanese goods, including vehicles, has spread widely ...
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 ...
