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Japan reports record $78.3B trade deficit in 2012

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TOKYO (AP) — Japan's trade deficit rose to a record 6.93 trillion yen ($78.3 billion) in 2012 as fuel imports surged and a bitter territorial dispute with China hammered its exports. The finance ministry figures released Thursday showed that energy imports surged 34 percent last year to 24.08 trillion yen ($272 billion) after Japan's nuclear plants were taken offline following the...