Japan's trade surplus with the US fell 20% in December
|Japan's trade surplus with the US narrowed for the sixth straight month in December.
Imports spiked 23.9 percent on the year, led by aircraft and crude oil, while exports jumped a meager 1.6 percent. The net result is a 20.3 percent slide surplus to JPY 567.8 billion.
Japan also reported its first full-year trade deficit since 2015, underscoring rising external pressure on the economy, according to Reuters.
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