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TOKYO — Japan’s exports fell 3.8% in December from a year earlier, hit by slowing demand in China, as the trade balance shifted back into deficit for the year, the Japanese government reported Jan. 23.

President Trump laid out his demands July 17 for a new North American Free Trade Agreement, setting the stage for rounds of negotiations among U.S., Canadian and Mexican officials to overhaul the landmark treaty that dictates the nations’ cross-border commerce.