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August 28, 2025
 

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Andrea Shalal
The Port of Los Angeles. A U.S. official, speaking on condition of anonymity, said European carmakers could see relief from the current U.S. tariffs within "hopefully weeks."
BUSINESS / Economy
Aug 22, 2025
EU pushes for reduced U.S. auto tariffs to apply retroactively from Aug. 1
The statement came as the partners set out details of a framework trade deal struck in July.
French President Emmanuel Macron (left) and others attend a video conference with Ukrainian President Volodymyr Zelenskyy and German Chancellor Friedrich Merz to discuss the ongoing war in Ukraine, at Fort de Bregancon in Bormes-les-Mimosas, France, on Wednesday.
WORLD / Politics
Aug 14, 2025
Trump threatens 'severe consequences' if Putin blocks Ukraine peace
The U.S. president did not specify what the consequences could be, but he has warned of economic sanctions if his meeting with Putin proves fruitless.
A terrace of a shopping mall overlooking the central business district of Beijing on Monday. An extension of a trade truce between Washington and Beijing buys crucial time for the autumn surge of imports for the Christmas season, including electronics, apparel and toys, at lower tariff rates.
BUSINESS / Markets
Aug 12, 2025
U.S. and China extend tariff truce by 90 days, staving off surge in duties
The timing of the extension buys crucial time for the seasonal autumn surge of imports for the Christmas season at lower tariff rates.
It may look like U.S. President Donald Trump is winning his trade war, but analysts say significant hurdles remain.
BUSINESS / Economy / ANALYSIS
Aug 8, 2025
Trump may look like he's winning the trade war, but hurdles remain
Some recent data indicate the tariffs are already affecting jobs, growth and inflation in the U.S.
Russian President Vladimir Putin and U.S. President Donald Trump meet at the G20 summit in Osaka in 2019.
WORLD / Politics
Aug 7, 2025
Trump could meet Putin over Ukraine as soon as next week, official says
Such a face-to-face meeting would be the first between a sitting U.S. and Russian president since Joe Biden met Vladimir Putin in Geneva in June 2021.
The Cape Town International Convention Center during the G20 Finance Ministers meeting in South Africa in February. Washington is still seen planning to assume the G20 presidency at the end of the year, which coincides with the 250th anniversary of the United States.
WORLD
Jul 18, 2025
U.S. eyes 'back to basics' revamp of G20 when it assumes presidency next year
Washington has scaled back its participation this year, with Treasury Secretary Scott Bessent skipping a G20 event twice this year so far.
U.S. President Donald Trump speaks to the press before boarding Air Force One as he departs for Iowa at Joint Base Andrews in Maryland on Thursday.
WORLD
Jul 4, 2025
Trump eyes simple tariff rates over complex talks, sending letters on Friday
President Trump said he preferred to notify most countries of a specific tariff rate, skipping detailed negotiations.
World Bank President Ajay Banga at the Milken Institute Global Conference in California on May 5
BUSINESS
Jun 12, 2025
World Bank to end ban on nuclear energy projects, but undecided on upstream gas
The global development bank, which lends at low rates to help countries build everything from flood barriers to railroads, decided in 2013 to stop funding nuclear power projects.
The Port of Los Angeles, in San Pedro, California. The World Bank stopped short of forecasting a recession, but said global economic growth this year would be its weakest outside of a recession since 2008.
BUSINESS / Economy
Jun 10, 2025
World Bank slashes global growth forecast as trade tensions bite
The bank stopped short of forecasting a recession, but said global economic growth this year would be its weakest outside of a recession since 2008.
U.S. Secretary of Treasury Scott Bessent (L) and Chinese Vice Premier He Lifeng (R) shake hands as they pose for a photo during trade discussions at the Lancaster House in London on Monday.
BUSINESS
Jun 10, 2025
U.S.-China trade and minerals talks in London set to extend to second day
Washington and Beijing are trying to revive a temporary truce struck in Geneva that had briefly lowered trade tensions and calmed markets.
The trouble between U.S. President Donald Trump and Elon Musk started brewing days ago, when Musk denounced Trump's sweeping tax-cut and spending bill.
WORLD / Politics
Jun 6, 2025
Trump and Musk trade barbs on social media as alliance crumbles
Within hours of Trump criticizing Musk in the Oval Office, the once-close relationship had disintegrated in full public view.
U.S. President Donald Trump at the U.S. Steel Corporation Irvin Works facility in West Mifflin, Pennsylvania, on Friday
BUSINESS / Markets
Jun 4, 2025
U.K. avoids doubled U.S. steel and aluminium tariffs as countries eye trade pact
The U.S. announcement, which exempts British steel and aluminum from a doubling of tariffs to 50%, came in a proclamation that will raise metals tariffs for other countries.
U.S. President Donald Trump shakes hands with Britain's ambassador to the United States, Peter Mandelson, after announcing a trade deal with the U.K., in the Oval Office at the White House in Washington on Thursday.
BUSINESS / Economy
May 9, 2025
Trump and Starmer hail limited U.S.-U.K. trade deal, but 10% duties remain
Trump pushed back against seeing the U.K. deal as a template for other negotiations, saying that many other trading partners may end up with much higher final tariffs.
The Hollywood sign is framed by palm trees as Donald Trump unveils a 100% tariff on films made outside of the U.S., in Los Angeles, California, on Monday.
BUSINESS / Economy
May 6, 2025
Trump tariff order on movies leaves film industry flummoxed
Tariffs on movies might prove more difficult to implement than even the highly integrated North American automobile industry.
The Hollywood Sign in Los Angeles in 2024. U.S. President Donald Trump says the U.S. movie industry is dying a "very fast death" due to the incentives that other countries are offering to draw American filmmakers.
BUSINESS
May 5, 2025
Saying Hollywood is dying, Trump orders 100% tariff on non-U.S. movies to save it
No details were provided on how the tariffs would be implemented.
U.S. Secretary of Commerce Howard Lutnick listens to U.S. President Donald Trump speak during an event to sign executive orders in the Oval Office of the White House in Washington on April 23.
BUSINESS / Markets
Apr 30, 2025
Trump eases auto tariff burden as Lutnick touts foreign trade deal
A group representing Toyota, Volkswagen, Hyundai and nine other foreign automakers said Trump's order provided some relief but that "more must be done."
U.S. Treasury Secretary Scott Bessent speaks outside the White House in Washington on Wednesday. Bessent appears to have taken a larger role in articulating U.S. President Donald Trump's trade policies to financial markets.
BUSINESS / Economy
Apr 11, 2025
Amid turmoil over tariffs, Bessent rises in Trump trade world
Multiple sources close to the White House said the former hedge fund manager was giving the U.S. president the best counsel among a team of advisers on trade.
U.S. President Donald Trump walks in the Rose Garden at the White House in Washington on Wednesday, the day of his remarks on tariffs.
WORLD / Politics
Apr 4, 2025
For Trump, tariff gamble brings political risk
If his promises to recast the economy don't work out, it could cause political headwinds for his party and economic pain for his constituents.
A U.S. flag flies in front of the consulate of the United States in Nuuk, Greenland, on Monday. A U.S. delegation led by Usha Vance, wife of Vice President JD Vance, is visiting Greenland this week.
WORLD / Politics
Mar 25, 2025
Trump doubles down on U.S. claims to Greenland
Outgoing Greenland Prime Minister Mute Egede dubs plans by a U.S. delegation to visit an American military base and attend a dog sled race in the territory a "provocation."
Cars parked at the port in Bayonne, New Jersey, in 2021
BUSINESS / Markets
Mar 25, 2025
Stocks rise as Trump hints at delays to auto tariffs and relief for some
U.S. markets ended Monday broadly higher on optimism that the tariffs set to be detailed next week may not be as extensive as expected.
Philippine bid to acquire used Japanese warships gains steam
Tokyo is looking to transfer Abukuma-class vessels to the Philippines as part of broader efforts to boost the defense capabilities of like-minded neighbors amid growing Chinese military assertiveness in the region.
Japan Post to stop accepting some parcels for shipment to the U.S.
Japan Post's UGX will still be available for many rejected packages.
Japan aims to tighten rules for business manager visas from October
The number of foreign residents with business management residency status had reached a record 41,615 as of the end of 2024.
Tokyo releases AI-generated video of Mount Fuji erupting
A screenshot from an AI-generated video showing what could happen to Tokyo if Mount Fuji erupted
Character-crazed Japan has little appetite for Labubu
A pop-up advertisement for the newly opened Chiikawa Park in Tokyo's Ikebukuro neighborhood demonstrates how the country is chockful of cute characters — to the detriment of trends like Labubu.
Is Kishida plotting a return of the king? Or would he rather stay a kingmaker?
Former Prime Minister Fumio Kishida chairs a plenary session at the Ninth Tokyo International Conference on African Development in Yokohama on Aug. 21.
Japanese prefectures break with labor ministry on minimum wage
The ministry of labor has suggested a 6% minimum wage increase, but most prefectures reporting so far are opting to go slightly higher.
Philippines quietly deepening ‘unofficial’ defense ties with Taiwan
Filipino soldiers take part in a flag-raising ceremony on Mavulis Island during a visit by the Philippines' Armed Forces chief of staff, in Batanes, the Philippines, in June 2023. Batanes, a group of idyllic islands at the country’s northernmost tip, sits about 160 kilometers from Taiwan.
Are 'coolcations' the answer for Japan's heat-weary tourists?
Hikers on a trail in Hakuba, Nagano Prefecture. As extreme heat continues to grip Japan, a tectonic shift may be underway in the nation’s summer tourism scene as more people gravitate toward cooler destinations.
Germany's first sakemaker offers a bold brew of ideas
Reigen, Germany's first sake brewery, makes a diverse, nontraditional range of sake that includes fruit-flavored sips and wine barrel-aged renditions.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Tetsuzo Shiraishi, speaking at The Center of the Tokyo Raids and War Damage, uses a thermos to explain how he experienced the U.S. firebombing of March 1945, when he was just 7 years old.
From ashes to high-rises: A survivor’s account of Tokyo’s postwar past
By Alex K.T. Martin

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