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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. In 1971 the surplus reached US$4.3 billion, and its rapid increase was a main factor behind the United States decision to devalue the dollar and pressure Japan to revalue the yen ...
From a Japanese perspective, the revised U.S.-Japan Security Treaty signed in January 1960, known as "Anpo" in Japanese, represented significant improvement over the original treaty, committing the United States to defend Japan in an attack, requiring prior consultation with the Japanese government before dispatching US forces based in Japan ...
On 17 May 2019, the United States and Japan struck a trade deal to lift the beef import ban, clearing the way for U.S. products to enter the market regardless of age. U.S. agriculture secretary Sonny Perdue hailed the trade deal, stating "This is great news for American ranchers and exporters who now have full access to the Japanese market for their high-quality, safe, wholesome, and delicious ...
A committee of top government agency officials has notified President Joe Biden that it has not reached a consensus on whether a sale of US Steel to a Japanese rival poses a national security risk ...
In 1990 Japan received US$9.8 billion of imports from Latin America as a whole and exported US$10.2 billion to the region, for a surplus of US$429 million. Although the absolute value of both exports and imports had grown over time, Latin America had declined in importance as a Japanese trading partner.
TOKYO (Reuters) -Japanese Industry Minister Ken Saito said on Friday that U.S.-Japanese ties were "stronger than ever", although he declined to comment directly on growing scrutiny in the United ...
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.
U.S. Trade Representative Robert Lighthizer on Wednesday applauded Japan's legislative approval of limited U.S. trade deals and said that President Donald Trump was expected to sign an ...