Tony Sagami - Veteran investment advisor and a leading expert on Asian markets.

Japan posts a rare trade deficit

by Tony Sagami on September 24, 2008

in Asian Market

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.

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