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Japan March current account surplus beats forecasts, Trump trade policies in focus

May 11, 2017 By Minami Funakoshi TOKYO (Reuters) – Japan’s current account balance posted a stronger-than-expected surplus in March on solid income from overseas investments, maintaining a run of uninterrupted monthly surpluses that has continued for almost three years. The surplus of 2.91 trillion yen ($25.45 billion) marked the 33rd straight month in the black, finance ministry data showed on Thursday, and beat the median forecast for a surplus of 2.643 trillion yen in a Reuters poll of economists. Export-reliant Japan’s persistent current account surpluses could elevate the thorny issue…

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Pence says South Korea-U.S. free trade agreement to be reviewed, reformed

April 18, 2017 SEOUL (Reuters) – U.S. Vice President Mike Pence told business leaders in Seoul on Tuesday that the Trump administration will review and reform the five-year-old free trade agreement between the two countries. Pence said the U.S. trade deficit has more than doubled in the five years since the U.S.-South Korea free trade agreement began and there are too many barriers for U.S. businesses in the country. Pence’s meeting in Seoul with business leaders comes before he heads to Tokyo later on Tuesday, where he will meet Japan’s…

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