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Japan sees first trade deficit in 31 years

Japan sees first trade deficit in 31 years

Japan has announced its first annual trade deficit in 31 years. TOKYO: Japan is to announce its first annual trade deficit for more than 30 years on Wednesday after the March quake-tsunami and strong yen hit exports, and high fuel costs pushed up import bills. After rising from the ashes of World War II Japan established itself as a trading [Continue]