Japan’s trade deficit dwindles as exports continue to grow

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(Koji Sasahara, Copyright 2020 The Associated Press. All rights reserved.) FILE - Cars for export park at a port in Yokohama, near Tokyo, on July 6, 2020.Japans exports grew nearly 12% in January as shipments jumped in vehicles, auto parts and machinery, according to government data Wednesday, Feb. 21, 2024. (AP Photo/Koji Sasahara, File) TOKYO – Japan’s exports grew nearly 12% in January as shipments jumped in vehicles, auto parts and machinery, according to government data Wednesday. That helped the nation’s trade deficit shrink to 1.76 trillion yen ($12 billion), or about half of what it was a year ago,...