Japan returns to trade deficit in May
Japan fell into a trade deficit in May, the first since January, the finance ministry said Monday, as renewed yen strength pressured exports. Japanese exports fell for all major regions, including the nation's biggest trading partner China, as concerns linger over a slowdown in the largest Asian economy as well as other emerging markets. The government of Prime Minister Shinzo Abe has actively attempted to talk down the yen's strength, with ministers repeatedly suggesting that Tokyo could step i
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