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Japan Trade Pacific Rim Nations

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June 7, 1994 | CHARLES P. WALLACE, TIMES STAFF WRITER
Lost in the debate about the United States' trade deficit with Japan is a new cause for anxiety on this side of the Pacific: Japan is dominating the booming trade with Asian nations as well. For the first time, in the year that ended March 31, Asian nations ran up a bigger trade deficit with Tokyo ($55.95 billion) than did the United States ($51.14 billion). "In 1985 . . . Japan exported a third more to the United States than it did to Asia," noted a study by Deutsche Bank Capital Markets.
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NEWS
June 7, 1994 | CHARLES P. WALLACE, TIMES STAFF WRITER
Lost in the debate about the United States' trade deficit with Japan is a new cause for anxiety on this side of the Pacific: Japan is dominating the booming trade with Asian nations as well. For the first time, in the year that ended March 31, Asian nations ran up a bigger trade deficit with Tokyo ($55.95 billion) than did the United States ($51.14 billion). "In 1985 . . . Japan exported a third more to the United States than it did to Asia," noted a study by Deutsche Bank Capital Markets.
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