Japan's trade surplus in 2016 stirs fears of backlash by US
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
The new president has accused both Japan and China of engaging in trade practices he has described as being unfair to US companies, and has singled out motor-vehicle trade with Japan as an instance of this "unfairness".
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Singaporeans can now buy record amount of yen per Singdollar
