Japan reports a $63 billion trade surplus with the US as it talks with Trump on tariffs

India Times // World // Asia

Japan reports a $63 billion trade surplus with the US as it talks with Trump on tariffs

Thursday 17th April 2025, 4:31AM

Japan's fiscal year saw a $37 billion trade deficit, despite a $63 billion surplus with the US, a point of contention with President Trump. While Japan's overall exports rose, new US tariffs on key sectors pose challenges for Prime Minister Ishiba. Analysts suggest Japan might offer concessions, like importing more American rice, amidst rising domestic prices.

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