Japan posted a $7.5-billion August trade surplus.
It was Japan’s third-largest monthly trade surplus, up sharply from a surplus of $3.49 billion in August last year, the Finance Ministry said. Japan’s trade surplus with the United States totaled $4.42 billion for the month, the fourth-largest on record. That compared to $3.03 billion in August, 1985. Japan, which has been under pressure from trade partners to reduce its giant surpluses, reported its largest overall monthly surplus in July--$8.22 billion.
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