by Congressional Research Service, Library of Congress in Washington, D.C .
Written in English
|Statement||by Dario Scuka|
|Series||CRS report for Congress -- no. 87-304 E, Report (Library of Congress. Congressional Research Service) -- no. 87-304 E, Major studies and issue briefs of the Congressional Research Service -- 1987-88, reel 12, fr. 01123|
|Contributions||Library of Congress. Congressional Research Service|
|The Physical Object|
The U.S. trade deficit with Japan widened to $ billion in , as growth in imports outpaced growth in exports. Japan remained the United States' fourth-largest trading partner. U.S. exports to Japan increased by 18 percent to $ billion during , with all industry sectors contributing to . United States freezes Japanese assets On J , President Franklin Roosevelt seizes all Japanese assets in the United States in retaliation for . Japan Trade Statistics. Japanese prefer an indirect style of communication over a direct style. It’s best to imply what you are saying then actually saying Exports (): $,,, Japan’s total trade with the United States was $ billion in October, a change of percent from the same month one year ago. The change in exports was percent and the change in imports was percent. Japan ranked No. 4 among U.S. trade partners in October. It had ranked No. 4 for the same month last year.
External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars. Japan trade balance for was $B, a % decline from Japan trade balance for was $B, a % decline from Trade Balance. The U.S. goods trade deficit with Japan was $ billion in , a % increase ($ billion) over The United States had a services trade surplus of $ billion with Japan in , up % from Investment. The merchandise trade balance is the value of a nation's: a. merchandise exports subtracted from capital inflows. b. merchandise and service exports plus merchandise and service imports. c. merchandise imports plus net capital inflows. d. merchandise imports subtracted from merchandise . Japan had a total export of ,, in thousands of US$ and total imports of ,, in thousands of US$ leading to a negative trade balance of ,, in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Japan is % and the Most Favored Nation (MFN) Weighted Average tariff is %.The trade growth is % compared to a world .
U.S. trade in goods with World, Seasonally Adjusted. NOTE: All figures are in millions of U.S. dollars on a nominal basis, not seasonally adjusted unless otherwise specified. Details may not equal totals due to rounding. Table reflects only those months for which there was trade. Therefore, it may be helpful for China to look at how Japan reacted to the U.S. during their trade war in the s. Balance between assertiveness and concessions. During the U.S.-Japan trade war, Japan was trying to make strategic concessions to win more advantages, which was determined by the special relationship shared between the two countries. Direction of Trade Statistics. The United States and Japan intend to conclude consultations within 4 months after the date of entry into force of the agreements and enter into negotiations thereafter in the areas of customs duties and other restrictions on trade, barriers to trade in services and investment, and other issues in order to promote mutually beneficial, fair, and.