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The Independent UK
The Independent UK
National
Yuri Kageyama

Japan records 5th straight fiscal year of trade deficits as Trump's tariffs hit auto exports

Japan Trade - (ASSOCIATED PRESS)

Japan's trade deficit was 1.7 trillion yen ($10.7 billion) in the fiscal year that ended in March, the government said Wednesday, the fifth straight fiscal year of deficits.

Exports rose 4% from the previous year, while imports inched up just 0.5%, the Finance Ministry reported.

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