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Japan reports a $63 billion trade surplus with the US as it talks with Trump on tariffs

  • Japan reported a trade surplus with the U.S. Of 9 trillion yen during the fiscal year, despite a global trade deficit of 5.2 trillion yen for the same period, according to the Finance Ministry.
  • Japan's annual exports increased by 5.9% from a year earlier, driven by strong shipments of items like computer chips.
  • Discussions on tariffs with U.S. President Donald Trump are ongoing, as he announced a planned 24% tariff on Japanese imports, increasing pressure on Japan's economy.
  • Some analysts suggest that Japan might make surprise concessions to improve trade relations, such as importing more American rice as noted by Min Joo Kang, a senior economist at ING.
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Asian markets boosted by 'Big Progress' in Japan tariff talks

HONG KONG: Tokyo led Asian stocks higher on Thursday (Apr 17) as optimism over Japan-United States trade talks offset Federal Reserve boss Jerome Powell's warning that

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Infobae broke the news in Buenos Aires, Argentina on Wednesday, April 16, 2025.
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