Japan Faces Fifth Straight Year of Trade Deficit Amid US Tariffs and Oil Worries

19 articles · Updated · The Associated Press · Apr 22

Japan posted a trade deficit of 1.7 trillion yen ($10.7 billion) for the fifth consecutive fiscal year, driven by falling auto exports.
Exports to the US dropped 6.6%, with auto shipments plunging 16% due to higher US tariffs introduced under President Donald Trump.
Rising oil prices and Middle East tensions may widen the deficit further, despite recent efforts to secure alternative energy supplies.

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