Japan’s $63 Billion Trade Surplus with US: Misunderstanding or Mismanagement?
Despite a 5.2 trillion yen ($37 billion) overall trade deficit for the fiscal year, Japan reported a substantial 9 trillion yen ($63 billion) surplus with the U.S. This surplus, however, comes amidst ongoing trade tensions and threatened U.S. tariffs on Japanese goods, including automobiles and auto parts. While Japanese exports increased by 5.9%, a weaker yen inflated import costs. March saw a smaller surplus than February, suggesting potential vulnerability despite the current U.S. trade surplus.
John Q. Hosedrinker