I keep waiting for Japan to bottom but this is one of the most troubling statisticsI’ve seen about Japan.
Japan reported its first August trade deficit in 26 years.
The problem was slowing exports to the U.S. and rising imports of foreign oil.
- U.S. Trade deficit jumps Our trade deficit increased to $62.2 billion in July, the largest since March2007. High oil prices was the primary culprit...
- U.S. trade deficit continues to grow With sharp decline in oil prices, you’d expect our trade deficit to shrink. Nope. Our trade gapincreased by 1.1 percent...
- Japanese exports fall For the first time in five years, Japanese exports fell in June. That’s bad news for export-dependent Japan, who unlike...
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