Economy

Trump's return risks trade tension with Japan as imbalance widens

Threatened tariffs cloud outlook for companies, with knock-on effects for economy

20241108N Tokyo port

Japan's exports to the U.S. grew roughly 40% between 2016 and 2023. © Reuters

CHIHIRO UCHIYAMA and YOHEI MATSUO, Nikkei staff writers
November 9, 2024 05:10 JST

TOKYO -- Donald Trump's second term as U.S. president may bring economic friction with Japan over a trade surplus that has grown since his first term, creating uncertainty for an economy that is counting on corporate earnings to fuel wage growth.

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