Prime Minister Abe and Prime Minister Lee have started the process of normalizing relations between Japan and South Korea, with Abe stating “relations must not be left in their current state”. The political spat has spread into trade with the withdrawal of trusted trader status by both sides. There’s also evidence of a consumer boycott in South Korea of Japanese products. Japan’s total exports to South Korea fell 15.9% year over year in September. In the electricals sector there was a 42.8% slump in audio-visual equipment, including TVs, while the autos sector suffered a 51.9% drop in th...