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Japan criticized over U.S. trade deficits

Jiji Press NEW YORK (Jiji Press) — U.S. President-elect Donald Trump expressed his discontent with his country’s trade deficits with Japan and other countries, during his first press conference since the Nov. 8 presidential election, held in New York on Wednesday.

“We have hundreds of billions of dollars of losses on a yearly basis, hundreds of billions with China on trade and trade imbalance, with Japan, with Mexico, with just about everybody,” he said. “We don’t make good deals anymore.”

“So we need people that are smart, we need people that are successful” to promote his “America First” approach in international trade as well as in other fields, Trump stressed.

Meanwhile, he criticized China for constructing military facilities on artificial islands in the South China Sea, saying China “has taken total advantage of us economically, totally advantage of us in the South China Sea by building their massive fortress, total.”

On Dec. 4, Trump already attacked China, tweeting, “Did China ask us if it was OK to devalue their currency (making it hard for our companies to compete), heavily tax our products going into their country (the U.S. doesn’t tax them) or to build a massive military complex in the middle of the South China Sea? I don’t think so!”

“Russia, China, Japan, Mexico, all countries will respect us far more, far more than they do under past administrations,” Trump said at the press conference.Speech

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