Japan's Trade Surprise: Deficit Amid New Leadership

Japan's Surprise Trade Deficit: What Does It Mean for the Economy Under Its First Female Prime Minister? Japan reported an unexpected trade deficit of 234.6 billion yen in September, despite rising exports boosted by a US trade deal and a weaker yen. The real shocker was a 3.3% jump in imports, signaling stronger-than-expected domestic demand. This economic curveball arrives as Japan welcomes its first female Prime Minister, Sanae Takaichi, leaving everyone wondering how her policies will impact the nation's economic future and whether domestic strength can overcome global challenges.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.