Tag - economy

 
 

ECONOMY

Leaders of ruling and opposition political parties meet Friday at the Diet building in Tokyo.
JAPAN / Politics
Apr 6, 2025
Calls for consumption tax cut increasing in Japan
With food and other prices still rising, even ruling party officials have started to demand consumption tax cuts as a key policy for this summer's elections.
U.S. President Donald Trump signs an executive order during a tariff announcement in the Rose Garden of the White House in Washington on Wednesday. Trump's tariff policies are the centerpiece of his effort to bring manufacturing back to the U.S. and reshape a world trade system he has long decried as unfair.
BUSINESS / Economy / FOCUS
Apr 6, 2025
Trump promised a manufacturing boom. Industries are not so sure.
Some question the tariffs' underlying logic, saying that supply chain issues, high costs and other obstacles stand may in the way.
Prime Minister Shigeru Ishiba speaks during a news conference at the Prime Minister's Office in Tokyo on Tuesday.
JAPAN / Politics
Apr 5, 2025
Ishiba says he plans to speak to Trump about tariffs in coming days
Prime Minister Shigeru Ishiba said that these talks could see Japan offer a fresh investment package, though he ruled out a small, piecemeal deal.
The Dow Jones Industrial Average after the close of trading on the floor at the New York Stock Exchange after the closing bell on Friday.
BUSINESS / Markets / FOCUS
Apr 5, 2025
Recession trade engulfs Wall Street on tariff fight
Traders are pricing in what increasingly looks like a negative-feedback loop as Trump indicates he’s not going to back down.
Momoka Matsui and her co-worker Saki Matsumoto take photos of acrylic stand figure models of their favorite idols with cakes and teas, which they ordered at a Tokyo cafe where Matsui’s favorite boy band stopped by.
LIFE / Lifestyle
Apr 5, 2025
Can Japan's take on fandom help drive spending?
The explosion of "oshikatsu" (supporting favored celebrities or characters), which entered the mainstream during the pandemic, has economists and the Bank of Japan taking note.
Prime Minister Shigeru Ishiba speaks during a news conference at the Prime Minister's Office on April 1. He has said that Japan is facing a "national crisis" following the introduction of new tariffs by the United States.
BUSINESS / Economy
Apr 4, 2025
Japan digs deep to address 'national crisis' caused by Trump tariffs
Prime Minister Shigeru Ishiba vows to "unite the entire country" in response to the crisis.
U.S. President Donald Trump signs an executive order after delivering remarks on reciprocal tariffs during an event titled "Make America Wealthy Again" at the White House in Washington on Wednesday.
EDITORIALS
Apr 4, 2025
‘Liberation Day’ will weigh heavily on the world
While some nations will fight U.S. tariffs, Japan is among those more likely to make a deal.
Taiwan Semiconductor Manufacturing Co.'s JASM plant in Kumamoto Prefecture. Ensuring stability in the semiconductor supply chain is a matter of national security and must be based on cooperation between the government and private sector.
COMMENTARY / Japan / Geoeconomic Briefing
Apr 4, 2025
Identifying choke points in the semiconductor supply chain
Addressing bottlenecks in chipmaking is essential for Japan's economic security and requires public-private collaboration, including aimed at information sharing.
Household outlays declined 0.5% in February from a year earlier, led by falling outlays on clothes and footwear, housing and food.
BUSINESS / Economy
Apr 4, 2025
Japan’s household spending drops for first time in three months
The drop, ahead of sweeping tariffs announced by the U.S., was led by falling outlays on clothes and footwear, housing and food.
Wall Street stocks sank in early trading on Thursday, joining a global equity selloff after U.S. President Donald Trump's latest tariff announcement exacerbated worries about a trade war.
BUSINESS / Markets
Apr 4, 2025
S&P 500 suffers worst drop since COVID as tariffs rattle traders
The S&P 500 Index sank 4.8% — its biggest drop since June 2020 — to enter a technical correction again following a brutal global rout in markets from Tokyo to London.
U.S. President Donald Trump speaks with journalists onboard Air Force One en route to Miami on Thursday.
BUSINESS
Apr 4, 2025
Trump open to tariff cuts in return for ‘phenomenal’ offers
"The tariffs give us great power to negotiate,” Trump said, adding that "every country has called us.”
U.S. President Donald Trump unveils new U.S. tariffs at the White House in Washington on Wednesday.
BUSINESS / Economy
Apr 3, 2025
Japan promises 'bold and speedy' response to Trump’s surprise 24% tariffs
The duty rate for Japanese products is the "worst among the scenarios that had been imagined" by the market.
Seiji Adachi, a former member of the Bank of Japan's Policy Board, says there is a chance of a May rate hike.
BUSINESS / Economy
Apr 3, 2025
Ex-board member who just left BOJ sees chance of May rate hike
Seiji Adachi, whose five-year term ended last week, said he would probably vote for a rate hike in the central bank's May meeting if one was proposed.
U.S. President Donald Trump delivers remarks and signs tariffs in the Rose Garden of the White House, in Washington, on Wednesday.
BUSINESS / Economy
Apr 3, 2025
With Trump’s tariffs, the chasm between allies and the U.S. widens
Trump’s plan, which he unveiled on Wednesday and is calling "reciprocal,” would impose a wave of tariffs on dozens of countries.
New students of the University of Tokyo attend an entrance ceremony at the Budokan Hall in Tokyo in April 2023.
JAPAN
Apr 3, 2025
Half of college students in Japan worry about living costs
Some students have said they refrain from buying things more often than they have previously.
Trump tosses a MAGA hat to the crowd during an event in which he unveiled new tariffs in the White House on Wednesday.
BUSINESS / Economy
Apr 3, 2025
Trump unveils 10% global tariff, with Japan levy set at 24%
The higher "reciprocal” rates are based on a government tally of levies and nontariff barriers that countries impose on U.S. goods.
Containers are loaded onto a ship at the Port of Baltimore, Maryland, on Wednesday ahead of U.S. President Donald Trump's announcement of new tariffs.
BUSINESS / Economy
Apr 3, 2025
Trump tariffs pile stress on ailing world economy
They will sap yet more vigor from a world economy barely recovered from the post-pandemic inflation surge.
DOGE, the U.S. government reform project, embodies America's brash, fast-paced approach to change, while Japan’s cultural norms emphasize slower, more deliberate decision-making rooted in consensus.
COMMENTARY / Japan
Apr 2, 2025
The DOGE solution? 'No thanks,' says Japan, with reason
I can’t imagine a DOGE-like beast in Japan. No one can. It is utterly alien to every tradition, precedent or cultural inclination in this country.
American autoworkers assemble Honda Accords at the Japanese company's Marysville Auto Plant in the state of Ohio in December 2017.
COMMENTARY / Japan
Apr 1, 2025
Ford is as American as apple pie. Or is that Honda?
Trump's 25% auto tariffs will raise car prices, complicate manufacturing and prioritize outdated protectionism over industry trends like electrification and software.
Declining birth rates in China are driven by a myriad of causes, such as a shrinking childbearing-age population, lifestyle changes, the one-child policy’s lasting effects, an oversupply of men and high youth unemployment.
COMMENTARY / World
Mar 30, 2025
Why China’s marriage crisis matters
According to China’s 2020 census, 61% of babies are born to women aged 20 to 30. But the number of women in this cohort dropped from 111 million in 2012 to 73 million in 2024.

Longform

Japan's growing ranks of centenarians are redefining what it means to live in a super-aging society.
What comes after 100?