U.S – CHINA TRADE DISPUTES AFFECT JAPAN’S MANUFACTURING INDUSTRY

Highlights:

• Japan reported trade deficit for the second consecutive year
• U.S -China trade disputes have directly affected Japan

China’s reduced demand from Japan due to ongoing trade disputes with the U.S has resulted in decline of Japan’s export revenue. It has reported a decline of 5.6 per cent from 2019. 2018 had reported a decline of 5 per cent. The value was estim....