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U.S. trade deficit with Japan nearly the same as previous year

  • February 7, 2018
  • , Mainichi, Yomiuri, Nikkei
  • JMH Summary

Yomiuri wrote that according to Commerce Department data, the U.S. trade deficit with Japan in 2017 amounted to $68.8 billion, almost the same level as a year before. Japan had the third largest trade surplus with the United States after China and Mexico. While noting that more than 70% of the U.S. trade deficit with Japan was related to auto trade, the daily projected that the Trump administration will likely press Japan to import more U.S. vehicles and agricultural products. Other dailies carried similar articles.     

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