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July 26, 2025
 

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DONALD TRUMP

U.S. President Donald Trump's abrupt U-turn on his tariff measures has been met with a mix of relief and bewilderment.
BUSINESS / Economy
Apr 11, 2025
U.S. allies greet Trump’s tariff U-turn with relief and defiance
As governments try to divine what would convince Trump to grant permanent waivers, his new willingness to reverse course inserts another layer of uncertainty.
Trading indexes at the New York Stock Exchange on Thursday. Bets worth millions of dollars placed on a rebound by unidentified options traders shortly before U.S. President Donald Trump's tariff pause are drawing scrutiny.
BUSINESS / Markets
Apr 11, 2025
Well-timed option trades ahead of Trump's tariff pause draw questions
Some unidentified options traders placed bets worth millions of dollars on a rebound minutes before the U.S. president's social media post sent the stock market rallying.
The greenback’s share of global reserves dropped to 58% last year from over 70% two decades ago, reflecting its declining dominance in international trade and finance.
COMMENTARY / World
Apr 11, 2025
Why buy the dollar if the U.S. becomes an economic island?
The greenback’s share of global reserves dropped to 58% last year from over 70% two decades ago, reflecting its declining dominance in international trade and finance.
U.S. President Donald Trump attends a cabinet meeting at the White House in Washington on Thursday.
BUSINESS / Companies
Apr 11, 2025
Trump tariff pause leaves CEOs asking: What happens in 90 days?
Trump's tariff flip spurs a stock rally but sows deeper confusion for companies bracing for long-term trade fallout.
The Virginia-class fast attack submarine USS Minnesota off the coast of Western Australia in March
WORLD / Politics
Apr 10, 2025
AUKUS nuclear submarine sale under scrutiny as U.S. tariffs shake Australia
Disappointment that defense ties didn't win Australia exemptions from the U.S. tariffs has put the program under unprecedented public scrutiny.
U.S. President Donald Trump looks on after signing an executive order in the Oval Office of the White House on Wednesday in Washington.
BUSINESS / Economy
Apr 10, 2025
Tokyo cheers Trump’s tariff U-turn with second-biggest market gain ever
The news of Trump’s 90-day pause on “reciprocal tariffs”was welcomed by Japan and its markets, with the 225-issue Nikkei stock average up more than 9% on Thursday.
Military officers salute in Moroni, Comoros. Several African nations fear that Washington is losing interest in their affairs and may withdraw hundreds of millions of dollars in annual security assistance.
WORLD
Apr 10, 2025
Trump aid cuts stir fears of reduced military support in Africa
With U.S. President Donald Trump slashing aid, African officials worry U.S. military partnerships — key to fighting terror — may be next to go.
In a workshop organized by the Japanese American National Museum, teachers visited the site of an internment camp in Manzanar, California. Photo taken from YouTube.
JAPAN
Apr 10, 2025
Japanese American National Museum hit with subsidy cuts
The Japanese American National Museum, or JANM, in Los Angeles is struggling with subsidy cuts by the Elon Musk-led "Department of Government Efficiency," also known as DOGE.
The Nikkei stock index jumped on Thursday morning following U.S. President Donald Trump's pause on reciprocal tariffs.
BUSINESS / Markets
Apr 10, 2025
Japan stocks rebound more than 9% after Trump's tariff reversal
The Nikkei 225 index closed up 9.12% on Thursday after the U.S. president announced a 90-day pause on the most onerous new tariffs on imports.
U.S. President Donald Trump holds a bag as he visits the Louis Vuitton Rochambeau Ranch leather workshop in Keene, Texas, in 2019.
BUSINESS / Companies
Apr 10, 2025
LVMH finds making Louis Vuitton bags messy in Texas
Former staff say Louis Vuitton’s Texas plant wastes up to 40% of leather and encouraged defect coverups to hit targets.
Australian Deputy Prime Minister and Defense Minister Richard Marles speaks in Sheffield, U.K. in July 2024.
ASIA PACIFIC / Politics
Apr 10, 2025
Australia turns down China's offer to 'join hands' to fight U.S. tariffs
Australia has rejected China’s proposal for a trade alliance against U.S. tariffs, opting instead to diversify its economic ties.
Guests play the upcoming Nintendo Switch 2 console at an event in Paris on April 2.
BUSINESS / Tech
Apr 10, 2025
Nintendo gets breathing room on tariffs — just in time for Switch 2 launch
Nintendo dodges a 46% tariff on Vietnam-assembled consoles, buying time to flood the U.S. with Switch 2 units before the launch window closes.
One thing is clear: The era of global interdependence, built on efficiency and mutually beneficial arrangements before U.S. President Donald Trump returned to power, has come to an end.
COMMENTARY / World
Apr 10, 2025
Navigating the Trump storm
Trump's second term aims to reshape the global trade system, challenging the current world order with rising tariffs and economic uncertainty.
Cargo ships are loaded with containers at the port of Bangkok on April 3.
WORLD / Politics
Apr 10, 2025
U.S. exits carbon talks on shipping and urges others to follow
A State Department spokesperson confirmed that Washington would not be "engaging in negotiations" at the U.N.'s International Maritime Organization.
U.S. Steel shares tumbled as much as 16% Wednesday after President Donald Trump made a fresh remark signaling his opposition to a buyout by Nippon Steel.
BUSINESS / Companies
Apr 10, 2025
Trump says he does not want to see U.S. Steel go to Japan
Trump told White House reporters that U.S. Steel is a special company, throwing cold water on expectations that Nippon Steel's buyout efforts might start to make progress.
U.S. Customs and Border Protection and Border Patrol agents chat beside a decorated Tahoe during the Border Security Expo in Phoenix, Arizona, on Wednesday.
WORLD / Politics
Apr 10, 2025
ICE chief says deportation system should run like Amazon Prime
Immigrant rights advocates condemned Todd Lyons’ comments as dehumanizing.
The White House says U.S. President Donald Trump "has a spine of steel and will not break.”
BUSINESS / Economy
Apr 10, 2025
Trump shock pushes U.S. and China toward decoupling cliff edge
Trump's 120% tariffs on Chinese goods and Beijing’s determination to fight back in kind mean a seismic cleavage is rapidly becoming a reality.
Shipping containers at a port in Nanjing, in eastern China's Jiangsu province, on Tuesday
BUSINESS / Economy
Apr 9, 2025
China raises tariffs on U.S. goods to 84% as trade war escalates
China’s move came hours after Trump's sweeping measures went into force, taking the cumulative rate announced this year to 104%.
U.S. President Donald Trump speaks as he attends the National Republican Congressional Committee dinner in Washington on Tuesday. Trump allowed new tariffs — including a 24% levy on Japan — to go into effect as scheduled on Wednesday.
BUSINESS / Markets
Apr 9, 2025
Trump's tariff gambit leaves Asia stunned and scrambling
Tariffs take time to actually affect prices and trade flows, but financial markets are already responding to the possibility of severe economic dislocation.
Economic revitalization minister Ryosei Akazawa, who Prime Minister Shigeru Ishiba has appointed Japan's tariff negotiator, is one of his closest allies and busiest ministers.
JAPAN / Politics / FOCUS
Apr 9, 2025
Who is Ryosei Akazawa, Japan's tariffs negotiator?
The man tasked with convincing the U.S. drop its tariffs on Japanese goods is one of the prime minister's closest allies and busiest ministers.
Tokyo is the No. 2 choice for international students
The University of Tokyo. International students are increasingly flocking to Asia, with affordability being a particularly important metric.
Junglia, Japan’s newest theme park, opens in northern Okinawa
In Junglia’s Dinosaur Safari attraction during a media preview on Thursday, a casual drive through a habitat for the prehistoric creatures goes haywire when several Tyrannosaurus rexes break out of containment.
Big unanswered questions follow Japan's big, beautiful deal with the U.S.
U.S. President Donald Trump on Wednesday in Washington, the day after he agreed to an 11th-hour trade deal with Japan.
Extreme heat grips Japan, even Hokkaido
The city of Obihiro in Hokkaido amid scorching heat on Thursday
Japan ties with South Korea for second most powerful passport
Japanese passport holders have visa-free access to 190 destinations out of 227 globally.
Hall of Fame always held deeper meaning for Ichiro
Ichiro presents then-Hall of Fame President Jeff Idelson with the bat he used to break the single-season hits record in 2004.
Japan leans into homegrown AI amid rising competition
McKinsey’s 2025 Technology Trends Outlook, published Wednesday, says that the use of “sovereign AI” is a trend gaining significant global traction, including in Japan.
JT picks: What not to miss at Fuji Rock 2025
Fuji Rock Festival turns the green slopes of Niigata Prefecture’s Naeba Ski Resort into a summer escape that offers soundtracks for every mood.
Japan’s top brands get tied up in the great sunscreen debate
A coral reef in Okinawa in July 2022. Some jurisdictions around the world have moved to ban certain sunscreens in a bid to protect coral reefs, but some say the impact on reefs is far from clear.
Pentagon looks to unleash ‘military drone dominance’
U.S. Secretary of Defense Pete Hegseth hosts a drone demonstration at the Pentagon in Arlington, Virginia, on July 10.

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