Japan posts first trade deficit in 3 years

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Japan posts first trade deficit in 3 years
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TOKYO--Japan logged its first trade deficit in three years for the financial year ended in March, amid concerns of a broad slowdown in the global economy which dented its exports. For the month of March, Japan's trade surplus fell by 33% as exports slumped 2.4% from a year ago on weaker steel and liquid crystal display device exports to China and higher imports of planes, clothes, and liquefied natural gas.

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