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The surplus reached a record US$18.2 billion in 1978, promoting considerable tension between the United States and Japan. In 1979 petroleum prices jumped again, and Japan's trade balance again turned to deficit, reaching US$10.7 billion in 1980. Once again, rapid export growth and stagnant imports returned Japan quickly to surplus by 1981. For ...
Japan continued to cooperate closely with United States policy in these areas following Nakasone's term of office, although the political leadership scandals in Japan in the late 1980s (i.e. the Recruit scandal) made it difficult for newly elected President George H. W. Bush to establish the same kind of close personal ties that marked the ...
The Treaty of Amity and Commerce between Japan and the United States (日米修好通商条約, Nichibei Shūkō Tsūshō Jōyaku), also called the Harris Treaty was a treaty signed between the United States and Tokugawa Shogunate, which opened the ports of Kanagawa and four other Japanese cities to trade and granted extraterritoriality to ...
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.
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 ...
As Sosnick explained in a blog post, “The trade involves borrowing a low yielding currency — typically the yen — and using the proceeds to purchase higher yielding fixed income assets or to ...
The Treaty of Mutual Cooperation and Security between the United States and Japan (日本国とアメリカ合衆国との間の相互協力及び安全保障条約, Nihon-koku to Amerika-gasshūkoku to no Aida no Sōgo Kyōryoku oyobi Anzen Hoshō Jōyaku), more commonly known as the U.S.–Japan Security Treaty in English and as the Anpo jōyaku (安保条約) or just Anpo (安保) in ...
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 ...