Japan reports $63 billion trade surplus with US as it talks with Trump on tariffs

Japan's fiscal year saw a trade deficit of 5.2 trillion yen, despite a significant surplus of 9 trillion yen with the US. This surplus is a point of contention with President Trump, who has threatened higher tariffs. While Japan's overall exports rose, a weaker yen made imports more expensive, and some Asian exports may be rerouted to avoid US tariffs.