Japan's Trade Deficit Persists Despite Export Growth

Japan's exports rose in October, but rising import costs due to a weak yen and energy prices led to a continued trade deficit.

Japan recorded a trade deficit of 461 billion yen ($3 billion) in October, marking the fourth consecutive month of deficit.
Exports increased by 3.1% year-over-year, surpassing economists' expectations of a 2.2% rise.
Imports grew by 0.4%, contrary to predictions of a decrease, contributing to the trade deficit.
Concerns loom over potential tariff increases following Donald Trump's reelection as U.S. President.
Prime Minister Shigeru Ishiba is actively seeking to strengthen Japan's international trade relations.