business

Japan logs Y3.4 bil trade surplus with U.S.

28 Comments
By Kazuhiro NOGI

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© 2018 AFP

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28 Comments
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President Donald Trump steps up his protectionist trade policies.

Um... Japan's protectionist policies is the reason this happened. Trump just wants fairness, as any reasonable country would.

-8 ( +8 / -16 )

More good economic news! Well done to all the hardworking exporters

0 ( +5 / -5 )

wanting fair and equal terms is not protectionism. What Japan does is the DEFINITION of protectionism

-5 ( +7 / -12 )

Whatever drivel Trump may be spouting, truth is Japan is about as protectionist a trading nation as you can get.

1 ( +9 / -8 )

"They take a bowling ball from 20 feet up in the air and they drop it on the hood of the car," Trump reportedly said, in inaccurate comments that were greeted with bemusement and mockery in Japan

"In inaccurate comments?" I tend to believe that with Trump he certainly did say this, and then afterwards played it off, as he typically does, as a joke.

5 ( +6 / -1 )

Incoming Tweets on the horizon. Brace yourselves.

-3 ( +1 / -4 )

Japan's protectionist policies is the reason this happened. Trump just wants fairness, as any reasonable country would.

No, this is Trump's fault. He promised to fix this.

What Japan does is the DEFINITION of protectionism

Like bowling balls?

-1 ( +3 / -4 )

Way to go, a win for Japan.

2 ( +7 / -5 )

Japan may be somewhat protectionist, but it would help if the USA made more stuff that Japanese want. And note that there are plenty of US companies that are very successful in Japan (in particular Pharma and computer tech).

5 ( +9 / -4 )

Japanese have been allowed to free-ride on US trade and market access in return for being a geo-political vassal state in the American Imperium. That has been the deal since WW2.

-1 ( +6 / -7 )

Japanese have been allowed to free-ride on US trade and market access in return for being a geo-political vassal state in the American Imperium. That has been the deal since WW2.

Many don’t realize the political factors in economics/market access and naively think products sell because they’re superior.

-2 ( +4 / -6 )

Japanese have been allowed to free-ride on US trade and market access

Japan also has a trade deficit with China.

it would help if the USA made more stuff that Japanese want.

True. But Trump followers just keep blaming President Hillary but the real reason is the US needs to be more competitive. Trump also says the Japanese government uses bowling balls to test if American cars can be sold in Japan. Anyone who does not believe this is a Hillary Liberal worshiper.

1 ( +2 / -1 )

Japan also has a trade deficit with China.

I meant surplus. So it seems Japan is allowed a free ride on China as well.

3 ( +6 / -3 )

A surplus of $32 million? That's peanuts. Small change. Practically nothing. (Is that number right? Not 32 billion or something significant?)

8 ( +8 / -0 )

Plenty of foreign cars in Japan. US manufacturers should produce cars that are an attractive option for local buyers, rather than complain at failing while others succeed.

2 ( +7 / -5 )

Hmmm wonder why you don't see any Hyundai or Kia models here..... They are cheaper and competitive, less prone to recalls unless using Takada airbags.

What a farce.

0 ( +7 / -7 )

Costco has a 100% trade surplus with my household.

Costco is taking advantage of me by offering good and cheap things I actually want to buy, while I have nothing that Costco wants.

I held a household meeting to discuss the matter, and I came up with the solution of putting a tariff in which each time anyone in my house buys from Costco, has to pay me 15% of the cost.

I'm sure this will fix everything.

2 ( +4 / -2 )

Luis

Yes you do.  Costco want your money.

2 ( +3 / -1 )

In my house, we use those note pads of ¥1000 yen to pay for everything, only cost ¥100 yen. I know it's a false economy but the government does it. And I will follow. $35 million does not seem so great but better than ¥35.

1 ( +1 / -0 )

USA imports Fish products from Japan. Not cars. Japanese brand name cars are made in USA. Leftsude handled. And use gallon,,, miles, etc. US people buy cars made in USA, not made in Japan.

0 ( +1 / -1 )

Rounding error.

0 ( +0 / -0 )

Shrimp, Crab meats are packed in zip. Lock bags, frooozen and they are pooooopular.

0 ( +0 / -0 )

Hyundai and KiA manufacture cars in USA and they are popular in USA,, too. Mercedes make cars in Alabama and they are fine,

1 ( +1 / -0 )

Japan also has a trade deficit with China.

I meant surplus

deficit.

-3 ( +0 / -3 )

Auto makers make cars in USA and in own country. American car makers do now,, too. Difference is Americans. can't moooodernize. FFactoris UFW insist. laborers, not machines.

-2 ( +0 / -2 )

Japan had a ¥5.93 trillion trade surplus with the rest of Asia, including China

(news source)

WRONG

japan rules babe

Is xi whining like cry baby Trump with the fake orange hair. No? Then don't whine and get cracking and stop whining

-1 ( +0 / -1 )

"Japan had a ¥5.93 trillion trade surplus with the rest of Asia, including China"

"Japan also has a trade deficit with China. I meant surplus"

Guys read the article:

"Japan booked its 12th consecutive monthly deficit of 425 billion yen with China as imports of clothes surged 55.2 percent."

Go to Uniqlo and see where the clothes are being made.

1 ( +2 / -1 )

Japan has a trade surplus with the US and China. They are our no 1 and 2 customers and are the no 1 and 2 economies of the world with GDPs close to 4 and 3 times that of Japan. Don’t forget South Korea at no 3. These countries need each other.

Monthly figures are just numbers.

-2 ( +0 / -2 )

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