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Japan’s exports and imports grow as yen weakens
Japan reports a trade deficit of 406.9 billion yen in June, as exports surge by 19% thanks to strong semiconductor shipments to the U.S. and China. Meanwhile, imports increased by 25% due to rising oil prices and a weakening yen, prompting...
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Japan reports a trade deficit of 406.9 billion yen in June, as exports surge by 19% thanks to strong semiconductor shipments to the U.S. and China. Meanwhile, imports increased by 25% due to rising oil prices and a weakening yen, prompting the government to seek economic boosts amidst declining leadership popularity.
Full story and more reels: https://newsreel.video #news #Japan #trade #economy #yen #exports #imports #breaking
Originally reported by AP News.
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