RECENT TRENDS IN JAPAN-U.S.
ECONOMIC RELATIONS

Free market Forces Yield Balance of Trade Improvement

Q.

Japanese industries have been setting up a lot of companies in the United States. Do they benefit the U.S. economy?

A.

Japan-affiliated companies create jobs in the U.S. and contribute to U.S. exports.

Japan-affiliated companies in America have created 720,000 jobs. In this way, Japan-affiliated companies contribute greatly to the American economy namely by creating numerous jobs.

Exports of their products account for 9.3% (approximately US$43 billion) of total American exports. The combined value of the contribution made by Japanese companies to United States exports is more than the total contribution made by French, German, United Kingdom and Canadian companies active in the United States.