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China is now Japan's largest export market, surpassing the U.S. despite a drop in overall trade, according to recent figures from the Japan External Trade Organization. Japan's exports to China fell 25.3% during the first half of 2009 to $46.5 billion, but due to a steeper drop in shipments to the U.S., China became Japan's largest trade ...
Japan was occupied until 1952 when the Treaty of San Francisco came into effect. Japan–United States relations continued to evolve throughout the Cold War and into the 21st century, with periods of cooperation and occasional trade disputes. The two nations maintain strong economic ties, and Japan is a crucial ally of the United States in Asia.
Along with harsh criticism of Japanese trade practices, accusations of Japanese "cheating," and suggestions that Japan was an economic threat and rival, similar to the 1980s and 90s, [155] [156] [157] Trump also started to question the U.S.-Japan Security Alliance, deeming it one-sided toward Japan. [158]
Japan suffered a trade deficit last month as exports sank for the first time in more than two years, dragged down by a slowdown overseas. Japan’s trade deficit totaled 78.7 billion yen ($539 ...
Japanese Trade Minister Yasutoshi Nishimura said the talks could help stabilise relations. "We will hold firm discussions with Chinese officials to build constructive and stable Japan-China ...
Japan racked up a 621 billion yen ($4.3 billion) trade deficit in July, as prices of imports surged, according to government data released Wednesday. Japan’s imports grew nearly 17% from a year ...
Between 1960 and 1964, Japan incurred annual trade deficits (based on a customs clearance for imports) ranging from US$400 million to US$1.6 billion. The era of chronic trade deficit ended in 1965, and by 1969, with a positive balance of almost US$1 billion, Japan was widely regarded as a surplus trading nation.
Yoon Suk Yeol is the first South Korean president to visit Japan in 12 years