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Japan’s Trade Deficit Widens amid Dwindling Demands from China and Europe

Japan’s exports fell 8.1% from the previous year, widening the trade deficit much more than the economists had predicted. The drop in exports led to a trade deficit of 517.4bn yen ($6.5bn; £4.1bn), after a revised surplus of 60.3bn yen

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Japan on a double whammy

Japan hits its highest trade deficit record for the first half of the year. Exports have weakened, rising only 1.5% during the period. Japan’s exports have been hit severely due to the falling demand in the global market, mainly the

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