Japan racks up trade deficit amid threat from Trump's tariffs
naharnet - 7/17/2025 3:40:08 PM - GMT (+2 )
read more
naharnet - 7/17/2025 3:40:08 PM - GMT (+2 )

Japan sank into a trade deficit of 2.2 trillion yen ($15 billion) for the first six month of this year, according to government data released Thursday, as exports were hit by President Donald Trump's tariffs.
In June, Japan's exports slipped 0.5% from a year earlier after its shipments of vehicles and other products were slapped with a 25% tariff. Trump has postponed implementing that higher import duty until Aug. 1, to allow time for negotiations but so far no deal has been reached.
read more