Japan reports ¥5.22 tril trade deficit in FY2024

Japan recorded a trade deficit in its March-April fiscal year but racked up a surplus with the U.S., the Finance Ministry reported Thursday. Japan’s global trade deficit totaled 5.2 trillion yen for the fiscal year through March, for the fourth straight year of deficits, according to the provisional statistics. The surplus with the U.S. ballooned…

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