Japan's current account surplus grows as coronavirus hits imports

Business Apr 8, 2020

Japan's current account surplus grows as coronavirus hits imports

Japan saw its biggest current account surplus in nearly two years in February as goods imports plummeted due to coronavirus-related factory closures in China, government data showed Wednesday. The current account was ¥3.17 trillion ($29 billion) in the black, the third-largest figure on record and ...

Trump eases U.S. coronavirus export ban after global backlash

World Apr 7, 2020

Trump eases U.S. coronavirus export ban after global backlash

U.S President Donald Trump eased restrictions on exports of masks and other protective equipment needed to fight the COVID-19 pandemic just days after their introduction as he confronted a backlash from allies around the world. Faced with domestic criticism of his administration’s handling of ...

U.S. urges Japan to open its agriculture and auto markets further

Business Apr 1, 2020

U.S. urges Japan to open its agriculture and auto markets further

The United States urged Japan on Tuesday to open its agricultural and automotive markets further to narrow the trade imbalance between the two countries. "The United States continues to engage closely with the Japanese government to urge removal of a broad range of barriers to ...