International

June 17, 2026 12:44 PM

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Japan reports trade deficit of $2.34 billion in May after four months of surplus

Japan witnessed a trade deficit of 2.34 billion US dollars in May, which is its first deficit in four months, government data showed today. The deficit in May was down 42.8% from a year earlier. Meanwhile, exports rose 17%, driven by strong demand for semiconductors, electronic components and motor ...