Japan’s exports rose by 3.1% in October compared to a year ago, surpassing expectations, with the biggest increase seen in exports to the Middle East. Imports to Japan also increased slightly by 0.4%, resulting in a larger trade deficit of 461.2 billion yen. Analysts are closely monitoring U.S. President-elect Donald Trump’s trade policies, as any tariffs could impact Japan’s open and export-dependent economy significantly.
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