Japan exports rose for more than two years in February after a decline in January. It has exceeded the expected 10.6 percent as the annual export grew by 11.3 percent. It reached by1.3 percent in the month of January, as the highest gain since 2 years ago according to the data from the Ministry of Finance.This has caused the trade surplus gap to widen with raising concerns of U.S. protectionism. The increase in Japan’s trade surplus becomes a problem for the Japanese policymakers after it has been secluded by President Trump, against the competitors from China and Germany. Although the head of Mizuho Research Institute Research Department said that the trade surplus may not have reached dangerous levels but it has been in the lows for a long time. An economic talk between the U.S. and Japan is scheduled in the middle of April with Tokyo aiming to elude trade arguments concerning car exports concentrating on U.S. infrastructure investments.
TAUTAN CEPAT
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