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在线翻译:
szdaily -> World Economy -> 
Japan’s exports rise amid trade tension fears
    2018-09-20  08:53    Shenzhen Daily

JAPAN’S export growth accelerated in August from the previous month as shipments to the United States grew amid efforts made by Tokyo looking to avert a trade war through talks with Washington.

Ministry of Finance data out yesterday showed exports rose 6.6 percent in August from a year earlier, handily beating a 5.6 percent increase expected by economists in a poll. It followed a 3.9 percent gain in July.

Japan’s exports to the United States rose 5.3 percent in the year to August, the first gain in three months, led by medicines, construction and mining machinery. U.S.-bound car exports fell for a third straight month, pulling back from last year’s brisk shipments.

However, the trade data also showed imports from the United States surged 21.5 percent in August, led by aircraft and liquefied natural gas, cutting Japan’s trade surplus with the United States by 14.5 percent year on year to 455.8 billion yen (US$4.06 billion).

The data come as the Bank of Japan debates at a policy review ending yesterday how trade frictions could undermine growth in the export-reliant economy, although there are no clear signs trade tensions with Washington have hit Japan’s exports.

Japan is hoping to avert steep tariffs on its car exports and fend off U.S. demands for a bilateral free trade agreement at a second round of trade talks with the United States.

Japan fears a bilateral deal could put it under pressure to open politically sensitive sectors such as agriculture.

Japan’s biggest automakers and components suppliers also worry they would be hit hard if Washington follows through on proposals to hike tariffs on autos and auto parts to 25 percent.

The trade data showed exports to China, Japan’s biggest trading partner, rose 12.1 percent in the year to August. (SD-Agencies)

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