Japan: total value of U.S. trade 2024

Japan: total value of U.S. trade 2024

In 2024, the import value of goods to Japan from the United States amounted to around 12.65 trillion Japanese yen, whereas exports were valued at over 21.3 trillion yen.

Japan's Finance Minister, Katsunobu Kato, and the United States Treasury Secretary, Scott Bessent, will hold a meeting this week at which the yen should be one of the main topics of discussion, although sources say that Tokyo will oppose any request to appreciate the currency. Some analysts believe that Washington will pressure Tokyo to help prop up the yen.

Japan To Push Back On U.S. Pressure To Strengthen Yen

The last major occasion when the U.S. pressured Japan into strengthening the yen was in 1985, when Washington led the G7 in a coordinated depreciation of the dollar under the Plaza Accord. The post Japan To Push Back On U.S. Pressure To Strengthen Yen appeared first on StratNews Global.