Tag - economy

 
 

ECONOMY

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.
The Canton Fair in Guangzhou, China, on Tuesday
BUSINESS / Economy
Apr 16, 2025
Ground zero of China trade boom reckons with decoupling from U.S.
"The China-U.S. relation is beyond salvation — this change of gears is irreversible,” said the China director at a political risk consultancy.
Prime Minister Shigeru Ishiba (center) at the Prime Minister's Office on Tuesday
JAPAN
Apr 16, 2025
Japan unlikely to compile extra budget now
Prime Minister Shigeru Ishiba believes it is necessary to closely monitor the impact of U.S. President Donald Trump's tariff policy.
Ride-sharing vehicles in Kiryu, Gunma Prefecture, in March
JAPAN / Society / FOCUS
Apr 15, 2025
One year in, ride-hailing in Japan has room for improvement
Japan has lagged in adopting ride-hailing services, largely due to opposition from the country's powerful taxi industry.
The Bank of Japan will likely postpone raising interest rates due to uncertainties stemming from U.S. tariff measures that could deal a blow to Japan’s economy, a former executive director said.
BUSINESS / Economy
Apr 15, 2025
BOJ will likely put rate hike aside for now, ex-official says
"They will be in a wait-and-see mode for a while,” said Kenzo Yamamoto, a former executive at the Bank of Japan.
U.S. President Donald Trump and Prime Minister Shigeru Ishiba hold a news conference at the White House in Washington on Feb. 7. Tokyo's focus on economic strength to promote security contrasts with Washington's current era of unpredictability.
COMMENTARY / Japan
Apr 15, 2025
For real national security, try a Japanese perspective
Genuine national security starts from a strong economy, one that provides for its citizens, incentivizes growth, production and wealth, and invites foreign participation.
While U.S. President Donald Trump has imposed new tariffs on nearly every country in the world, China is clearly his primary target.
COMMENTARY / World
Apr 14, 2025
How should Beijing respond to Trump’s tariffs?
Many are already comparing it to President Herbert Hoover’s 1930 Smoot-Hawley Tariff Act, which slashed global trade by 66% in five years and deepened the Great Depression.
U.S. President Donald Trump holds a chart next to Secretary of Commerce Howard Lutnick as Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington on April 2.
BUSINESS / Economy
Apr 14, 2025
Trump warns tariffs are coming for electronics after reprieve
The American president downplayed a weekend exemption as a procedural step in his overall push to remake U.S. trade.
A pedestrian walks past an electronic board showing the morning numbers on the Tokyo Stock Exchange along a street in the Japanese capital on Friday.
BUSINESS / Markets
Apr 13, 2025
Punch drunk traders across Asia ready for another week of drama
Even though investors were fearful of events last weekend, the reaction in markets was more extreme than many countenanced.
The Liberal Democratic Party and Komeito are increasingly divided over economic measures to deal with inflation and U.S. tariffs.
JAPAN / Politics
Apr 12, 2025
Ruling coalition divided over consumption tax cut
While some are leaning toward a tax cut, LDP Secretary-General Hiroshi Moriyama and others are seeking a cash handout instead.
Commuters walk past a fruit store at a shopping arcade in Kyoto earlier this year.
BUSINESS / Economy
Apr 12, 2025
Survey forecasts 12% rise in inflation in Japan over coming year
Of those surveyed, 86.7% said that prices are likely to be higher in a year's time, up from 85.7%.

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