Economy, Trade and Industry Minister Hiroshige Seko plans to travel to the United States for talks with Commerce Secretary Wilbur Ross around March 16, sources said Monday. If realized, it will be their first meeting since Ross took office last week. The two are expected ...
The U.S. trade deficit in goods with Japan was its second-largest in 2016, totaling $68.94 billion, according to new U.S. government data. The trade gap with China was five times bigger, topping the list at $347.04 billion, the Commerce Department said Tuesday. That was, however, ...
Exports fell for the seventh consecutive month in April as the yen strengthened, underscoring the growing challenges to Prime Minister Shinzo Abe's efforts to revive economic growth. Overseas shipments declined 10.1 percent in April from a year earlier, the Finance Ministry said Monday. The median ...
Japan's trade deficit in fiscal 2015 through March plunged 88.2 percent from a year earlier to ¥1.08 trillion ($9.9 billion), helped largely by a fall in the cost of crude oil imports, the government said Wednesday. The value of exports fell 0.7 percent for the ...
Japan logged a trade deficit in 2015 for the fifth straight year, but its value shrank 77.9 percent from 2014 to ¥2.83 trillion ($23.9 billion), due mainly to a sharp drop in imports amid lower crude oil prices, the government said Monday. The value of ...
The nation posted a goods trade deficit for the fifth straight month in August, the government said Thursday, partly reflecting a drop in exports to China amid a slowdown in the world's second-largest economy. The deficit in value terms shrank 40.2 percent from a year ...
The nation's trade deficit widened to its largest level in five months in July, as exports slowed thanks to faltering demand in China and other key markets. Imports fell by less than forecast. The ¥268.1 billion deficit reported Wednesday compared with a deficit of ¥70.5 ...
Japan's goods trade deficit in the January to June period shrank 77.4 percent from a year earlier to ¥1.73 trillion ($13.9 billion), due partly to smaller imports on the back of declining crude oil prices, the government said Thursday. The smaller deficit, which followed a ...
The dollar's role as the dominant international currency is bad for U.S. manufacturers and their workers.
Imports dropped 1.7 percent in November from the year before to ¥7.08 trillion, declining for the first time in three months as crude oil prices plunged across the globe, government data showed Wednesday. The balance in goods trade remained in the red for the 29th ...
Japan logged a record low first-half current account surplus of ¥2.024 trillion in the April-September period.
After rising 8.6 percent from a year earlier, the deficit in goods trade hits the highest amount for the April-September period since data became available in 1979.
