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Japan logged trade surplus in June, 1st time in nearly 2 years

asia.nikkei.com Japan logged trade surplus in June, 1st time in nearly 2 years

Robust U.S.-bound exports, falling energy import costs helped return to black

Japan logged trade surplus in June, 1st time in nearly 2 years

Title speaks for itself. As those in the US are probably aware, the US hasn't had a trade surplus since the 1970s. If a highly-developed country like Japan, where its citizens enjoy a high standard of living, can rock a trade surplus...

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  • "First time in nearly two years". Love the phrasing, where the 'nearly two years' is intended to be provocative. And here in the US, we haven't had a trade surplus since the 1970s.