Japan-US trade; trade between Japan and the United States
Refers specifically to bilateral trade between Japan and the United States. Commonly used in economic and political contexts.
Japan-US trade friction intensified in the 1980s.
The new agreement is expected to lead to an expansion of Japan-US trade.
Refers to trade between Japan and China, whereas 日米貿易 is specifically Japan-US trade.
Broader term for Japan-US relations, not limited to trade.
Compound of 日 (Japan), 米 (America), and 貿易 (trade). The use of 米 for America comes from the second character of 亜米利加 (America).