Tag - economy

 
 

ECONOMY

Tariffs, and the risk they pose to both the economy and inflation, have been the focus of global attention.
BUSINESS / Economy
Apr 20, 2025
First shock waves of Trump’s tariffs are about to hit the world economy
The International Monetary Fund (IMF) is set to lower its outlook for economic growth in new projections released on Tuesday.
Prime Minister Shigeru Ishiba speaks to reporters at his official residence in Tokyo on Thursday.
BUSINESS / Economy
Apr 20, 2025
No concessions over food safety in Japan-U.S. talks, Ishiba says
The prime minister also said that expanding LNG imports could be used as a bargaining chip.
Ryosei Akazawa, Japan's Economic Revitalization Minister and top tariff negotiator with the U.S., speaks to the press upon his arrival at Haneda Airport in Tokyo on Friday.
BUSINESS / Markets
Apr 20, 2025
Japan mulls reviewing car safety rules to strike deal with Trump
The report comes after Japan’s chief negotiator Ryosei Akazawa kicked off tariff discussions with U.S. counterparts in Washington last week.
Ryosei Akazawa, Japan's top tariff negotiator with the U.S., speaks to reporters upon his arrival at Tokyo's Haneda Airport on Friday, a day after talks in Washington.
BUSINESS / Economy
Apr 19, 2025
Japan tariff negotiator rules out quick U.S. deal despite push by Trump
Ryosei Akazawa said that while the U.S. president wants to speed up negotiations, any agreement would likely take some time.
U.S. Federal Reserve Chair Jerome Powell speaks during a news conference, in Washington in January.
BUSINESS / Economy / FOCUS
Apr 19, 2025
Trump goes to war with the Fed
The U.S. president has threatened to take the unprecedented step of ousting the head of the fiercely independent central bank.
Canada is standing up to American tariffs and territorial threats. The “Buy Canadian” movement has erupted and the country is brimming with expressions of patriotic zeal that are reshuffling the deck in an upcoming election for the next prime minister.
COMMENTARY / World
Apr 18, 2025
Is this Canada’s moment?
Washington's tariffs and territorial threats have ignited Canadian unity and resolve, reshaping the upcoming vote to choose who will lead Ottawa through the geopolitical storm.
A vegetable stand displays prices at a supermarket in Tokyo in 2023. Some lawmakers are proposing lowering the consumption tax on food to 0%, which is expected to result in a loss of up to ¥5 trillion in tax revenue annually.
JAPAN / Politics
Apr 18, 2025
LDP and CDP lawmaker groups propose 0% consumption tax on food
Reducing the tax to 0% is expected to result in a loss of up to ¥5 trillion in tax revenue annually.
Ryosei Akazawa (third from right), Japan's tariffs negotiator, in a meeting with U.S. Secretary of the Treasury Scott Bessent (second from right) and other senior government officials on Wednesday in Washington
BUSINESS
Apr 18, 2025
Trump reiterates opposition to Nippon Steel’s purchase of U.S. Steel
Whether there is interplay between the tariff negotiations and the Nippon Steel-U.S. Steel deal has never been made clear.
Unsold bonds are also being covertly peddled at discounted prices, according to several market participants, including investors.
BUSINESS / Economy
Apr 18, 2025
Japanese municipal bond deals fail to sell as rate swings surge
This month’s heightened market volatility have also led to delays and cancellations of several Japanese corporate bond offerings.
Consumer prices excluding fresh food rose 3.2% from a year ago in March, accelerating from a 3% increase in the previous month, according to the internal affairs ministry.
BUSINESS / Economy
Apr 18, 2025
Japan’s inflation quickens as rice prices gain the most in over 50 years
The price of the nation’s staple grain rose 92.1% in March from a year earlier, the fastest pace in data going back to 1971.
Finance Minister Katsunobu Kato listens to a question during an interview at the Finance Ministry in Tokyo on Thursday.
BUSINESS / Economy
Apr 18, 2025
Japan's finance minister is 'deeply concerned' over impact of Trump's tariffs
The minister also voiced concern over volatile market moves that Trump's tariffs triggered, saying they could hurt Japan's economic recovery.
Kristalina Georgieva, managing director of the International Monetary Fund, speaks at the IMF headquarters in Washington on Thursday.
BUSINESS / Economy
Apr 18, 2025
World economy likely to avoid recession despite tariffs, IMF chief says
Donald Trump's stop-start tariff have fueled levels of market volatility unseen since the COVID-19 pandemic.
Former CDP executive Kenji Eda discusses a possible reduction of the consumption tax rate, in Tokyo on April 10.
JAPAN / Politics
Apr 17, 2025
CDP divisions over proposed tax cut pose headache for Yoshihiko Noda
The nation’s largest opposition party is preparing for the Upper House poll in July, in which it hopes to win enough seats to make a CDP-led coalition government possible.
Ryosei Akazawa, Japan's chief tariff negotiator, speaks to reporters in Washington on Wednesday.
BUSINESS / Economy
Apr 17, 2025
Japan and the U.S. begin tariff talks on good terms, but without breakthroughs
Prime Minister Shigeru Ishiba said there are still gaps between the respective stances of Japan and the U.S.
Japan's exports measured by value gained 3.9% in March from a year earlier, slower than estimated.
BUSINESS / Economy
Apr 17, 2025
Japan’s exports rise at slower pace as Trump tariffs begin
The outlook for Japan's economy appears increasingly uncertain as Trump deepens his tariff campaign, prompting nations like China to retaliate.
Economists fail to understand that Donald Trump's tariff policy is part of a broader strategy to prepare the U.S. for long-term competition with China, driven by national security concerns rather than traditional economic or trade policy.
COMMENTARY / Japan
Apr 17, 2025
What economists 'don’t get' about Trump tariffs
My view is that the U.S. has started to prepare seriously for a long-term competition with China for global dominance.
A drone view shows a cargo ship at Kwai Tsing Container Terminals in Hong Kong on Wednesday.
BUSINESS / Economy
Apr 17, 2025
U.S. looks to box in China by recruiting other trading partners
Washington is set to ask nations to limit Beijing’s might when they negotiate tariffs.
Economic revitalization minister Ryosei Akazawa, Japan's chief tariff negotiator, responds to a question at Haneda Airport in Tokyo ahead of his visit to the United States on Wednesday.
BUSINESS / Economy
Apr 16, 2025
Akazawa, Japan’s tariff czar, jets to Washington for mission impossible 
Tokyo realizes that achieving a satisfactory meeting of the minds with Washington will be a real challenge.
Bank of Japan Gov. Kazuo Ueda
BUSINESS / Economy
Apr 16, 2025
Trump’s tariffs may spur policy response from BOJ, Sankei reports
Bank of Japan Gov. Kazuo Ueda's policy comments reinforce speculation that authorities aren’t likely to consider a near-term rate hike.
Donald Trump’s punitive tariffs have dealt a blow to U.S. credibility and the greenback. It’s a bigger leap to project the currency's demise.
COMMENTARY / World
Apr 16, 2025
King dollar’s reign looks secure — for now
The greenback survived Trump's first term at the pinnacle and will likely endure his second.

Longform

Sumadori Bar on Shibuya Ward's main Center Gai street targets young customers who prefer low-alcohol drinks or abstain altogether.
Rethinking that second drink: Japan’s Gen Z gets ‘sober curious’