Japan's Spree on Imports Widens Trade Gap

TOKYO—Japan’s record trade deficit in January showed that domestic demand rather than exports continue to drive the economy, and that much of what’s in demand—such as clothes, cars and washing machines—is made overseas.
Reviving spending has been a cornerstone of Prime Minister Shinzo Abe’s growth policies, and the trade report published Thursday indicated that Japanese consumers have indeed started to open their wallets further, a…

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