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Japan records 5th straight fiscal year of trade deficits as Trump’s tariffs hit auto exports
Exports rose 4% but shipments of autos to the United States fell 16%, as tariffs and higher energy costs weighed on trade.
- Japan recorded a 1.7 trillion yen trade deficit, marking its fifth consecutive year of deficits.
- Exports rose 4%, while imports increased only 0.5%, according to the Finance Ministry.
- Higher tariffs from Donald Trump contributed to a drop in exports to the United States, especially in the auto sector.
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Japan logs trade deficit in FY 2025 for 5th yr in row, hit by U.S. tariffs
Japan logged a trade deficit of 1.71 trillion yen ($10.7 billion) in the year through March, remaining in the red for the fifth straight year, as higher U.S. tariffs implemented since April 2025 dragged down auto exports, government data showed Wednesday.
·Japan
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Associated Press News+11 Reposted by 11 other sources
Japan records 5th straight fiscal year of trade deficits as Trump's tariffs hit auto exports
Japan has reported a trade deficit of $10.7 billion for the fiscal year that ended in March, as U.S. President Donald Trump’s tariff policies hit auto exports.
·United States
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Coverage Details
Total News Sources16
Leaning Left8Leaning Right1Center4Last UpdatedBias Distribution61% Left
Bias Distribution
- 61% of the sources lean Left
61% Left
L 61%
C 31%
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