OTHER NEWS - Aug. 14, 1991
Japan Trade Surplus Rises: Japan’s trade surplus jumped a hefty 25% in July, the seventh monthly increase in a row, despite a shrinking surplus with the recession-hit United States. The Finance Ministry reported that the overall surplus--the difference between the value of Japan’s exports and its imports--climbed to $6.68 billion during the month from a revised $5.33 billion a year earlier. However, the surplus with the United States, which has at times been the severest critic of Japanese trading practices, narrowed to $3.01 billion, from a revised $3.07-billion surplus in July, 1990.
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