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.
107 Articles
107 Articles

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


Asian markets boosted as 'Big Progress' made in Japan tariff talks
Tokyo led Asian stocks higher on Thursday as optimism over Japan-US trade talks offset Federal Reserve boss Jerome Powell's warning that Donald Trump's tariffs could force officials to choose between fighting inflation or unemployment.
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