Japan records trade deficit for the fourth month straight despite export recovery ...Middle East

TOKYO (AP) — Japan racked up a trade deficit in October for a fourth straight month as a weak yen and the rising price of energy kept import costs high. The trade deficit, which amounts to a nation’s imports subtracted from its exports, totaled 461 billion yen ($3 billion) in red ink last month, the Finance Ministry reported Wednesday. Japan’s exports in October managed to recover from a slowdown over the recent months, gaining 3.1% from the same month a year earlier, as shipments grew in equipment for semiconductor production. But imports, which grew 0.4% from the previous year, were still bigger than exports. A major uncertainty over trade is looming because of the reelection of Donald Tr

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Japan records trade deficit for the fourth month straight despite export recovery ...Middle East

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