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Japan's trade surplus in 2016 stirs fears of backlash by US

Thursday, January 26, 2017 - 05:50

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Toyota Motor Corporation Akio Toyoda at the North American International Auto Show in Detroit two weeks ago. Toyota has said it will invest US$600 million and add 400 jobs to a plant in Indiana under a plan to invest US$10 billion in the US over the next five years.

Tokyo

JAPAN recorded its first trade surplus in six years in 2016, the Ministry of Finance said on Wednesday, in an announcement seen as politically-sensitive, given Tokyo's anxiety about becoming entangled in a trade war with the US administration of President Donald Trump.

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