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August 08, 2025
 

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GLOBAL ECONOMY

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.
Demonstrators protest U.S. President Donald Trump's tariffs on Brazilian products at a rally outside the U.S. Consulate in Sao Paulo on Friday.
COMMENTARY / World
Aug 5, 2025
Trump’s tariffs defy the doomsayers — so far
Despite nearly uniform predictions of doom and disaster, the global economy has largely ignored the Trump trade revolution.
A woman adds a message to the a COVID-19 memorial wall in London in March 2023.
BUSINESS / Economy / ANALYSIS
Aug 4, 2025
'Long COVID' hits the U.K. economy harder than most other countries
Five years since the start of the pandemic, Britain is still dealing with a spike in public debt, 1.2 million extra people on sickness benefits and a record postwar tax burden.
U.S. President Donald Trump raises his fist as he boards Air Force One at Joint Base Andrews in Maryland on Friday.
BUSINESS / Economy / FOCUS
Aug 3, 2025
Trump’s economic agenda is losing support, but Democrats see few gains
Democrats looking to retake the House of Representatives need to convince voters they can be trusted on issues like fighting inflation and lowering the cost of housing.
U.S. President Donald Trump takes questions from reporters at the White House in Washington on Wednesday.
BUSINESS / Economy
Aug 2, 2025
Trump fires data chief on bad job news and gets chance to tilt Fed
Trump fired the head of the Bureau of Labor Statistics, hours after it sent markets tumbling with a report that showed a dramatic slowdown in U.S. hiring.
Traders work on the floor of the New York Stock Exchange in New York on Friday.
BUSINESS / Economy
Aug 2, 2025
World economies reel from Trump's tariffs punch
Stock markets in Hong Kong, London and New York slumped as they digested the turmoil, while weak U.S. employment data added to worries.
U.S. President Donald Trump delivers remarks at the White House in Washington on Thursday.
BUSINESS / Economy
Aug 1, 2025
Trump embraces economic coercion with tariffs as his big stick
The U.S. president road-tested the hardball tactic in his first term. Now he’s taken it to new levels.
European Commission President Ursula von der Leyen (left) and U.S. President Donald Trump speak to the press following their meeting in Turnberry, Scotland, on Sunday.
BUSINESS / Economy / ANALYSIS
Jul 28, 2025
Out-gunned Europe accepts least-worst U.S. trade deal
The agreement on a blanket 15% tariff is a reality check on the aspirations of the bloc to become an economic power able to stand up to the likes of the U.S. or China.
European Commission President Ursula von der Leyen shakes hands with U.S. President Donald Trump in Turnberry, Scotland, on Sunday.
BUSINESS / Economy
Jul 28, 2025
EU reaches broad tariff deal with U.S. to avert painful trade blow
The U.S. and European Union agreed on a hard-fought deal that will see the bloc face 15% tariffs on most of its exports, including automobiles.
U.S. President Donald Trump speaks during a meeting with Philippine leader Ferdinand Marcos Jr. in the Oval Office of the White House in Washington on Tuesday.
BUSINESS / Economy / FOCUS
Jul 26, 2025
Trump tariffs leave costly China supply question unanswered
The U.S. president has threatened to rocket rates up to 40% for products deemed to be transshipped, or re-routed, through Southeast Asia.
U.S. President Donald Trump speaks to the media after arriving at Glasgow Prestwick Airport, in Prestwick, Scotland, on Friday.
BUSINESS / Economy
Jul 26, 2025
EU’s Von der Leyen to meet Trump in bid to clinch trade deal
After months of talks and shuttle diplomacy between Brussels and Washington, the two sides have been zeroing in on an agreement.
European Council President Antonio Costa (left) and European Commission President Ursula von der Leyen (right) join hands with Prime Minister Shigeru Ishiba prior to a meeting at the Prime Minister's Office in Tokyo on Wednesday.
BUSINESS / Economy
Jul 23, 2025
Japan and EU launch trade ‘alliance’ amid concerns over U.S. and China
The new agreement will expand bilateral trade ties, promote business cooperation and explore ways to diversify critical mineral supply chains.
U.S. President Donald Trump’s aggressive tariff threats seemed effective at first because markets expected him to back down, but as investors grow numb, the risk rises he’ll follow through, triggering the very economic harm his threats were meant to avoid.
COMMENTARY / World
Jul 23, 2025
Why markets may soon call America’s tariff bluff
Complacency brings new risk: If markets tune out Trump’s tariff threats, they may stop checking harmful policies.
U.S. President Donald Trump steps on stage to deliver remarks at the Salute to America Celebration at the Iowa State Fairgrounds in Des Moines on July 3.
BUSINESS / Economy
Jul 19, 2025
Trump aims tariff double whammy at industries and nations by Aug. 1
In addition to measures on copper, the U.S. has discussed making announcements on lumber, chips, critical minerals and drugs, in that order, though this may change.
South African Deputy Minister of Finance David Masondo (left), Minister of Finance Enoch Godongwana (center) and South African Reserve Bank Gov. Lesetja Kganyago address a closing news conference on the last day of a meeting of Group of 20 finance ministers and central bank governors meeting in Durban, South Africa on Friday.
BUSINESS / Economy
Jul 19, 2025
G20 communique delivers rare show of unity amid Trump trade war
U.S. tariffs have strained the G20’s multilateral foundations and complicated South Africa’s efforts — as this year’s rotating president — to keep the group’s agenda on course.
U.S. President Donald Trump, U.S. Secretary of the Interior Doug Burgum (left) and U.S. Secretary of Commerce Howard Lutnick at Joint Base Andrews, Maryland, on Tuesday
BUSINESS / Economy
Jul 16, 2025
Trump signals the end of the road for Japan tariff negotiations
U.S. President Donald Trump's 25% "reciprocal" rate might simply be allowed to go into effect on Aug. 1
Chinese leader Xi Jinping attends a meeting during the the Shanghai Cooperation Organization forum in Beijing on Tuesday.
BUSINESS / Economy
Jul 16, 2025
China’s growth momentum offers Xi rare window to fight deflation
Gross domestic product beat expectations to grow 5.2% between April and June, bringing the official 5% expansion goal for the year within reach.
European Commission President Ursula von der Leyen gives a speech during a plenary session at the European Parliament in Strasbourg, France, on July 9.
BUSINESS / Economy
Jul 14, 2025
EU to engage more with other nations hit by U.S. tariffs — including Japan
The move comes as talks between the EU and the U.S. have dragged on and continue to be stuck on several issues, including cars and tariff rates on agriculture.
U.S. President Donald Trump speaks to the press before boarding Marine One on the South Lawn of the White House in Washington on Saturday.
BUSINESS / Economy
Jul 13, 2025
Trump intensifies trade war with threat of 30% tariffs on EU and Mexico
The EU and Mexico, both among the largest U.S. trading partners, responded by calling the tariffs unfair and disruptive while pledging to continue to negotiate.
Blunt letters dictating terms posted to social media and changes late in negotiations have left trading partners wondering what U.S. President Donald Trump will do next.
BUSINESS / Economy / ANALYSIS
Jul 12, 2025
As Trump sows tariff confusion, rules of global commerce give way to chaos
Blunt letters dictating terms posted to social media and changes late in negotiations have left trading partners wondering what Trump will do next.
How Pakistan shot down India's cutting-edge fighter using Chinese gear
An Indian Air Force pilot gets out of a Rafale fighter jet during its induction ceremony at an air force station in Ambala, India, September 2020.
Trump: The $550 billion pledged by Japan is 'our money'
U.S. President Donald Trump at the White House on Tuesday. He told CNBC that investment pledges are like signing bonuses.
The United States imposes 15% 'reciprocal' tariff on most Japanese goods
U.S. President Donald Trump speaks at the White House on Wednesday.
Japan's inheritance tax is high, unforgiving and sometimes avoidable
The National Tax Agency at the Ministry of Finance, Kasumigaseki, Tokyo. Japanese tax authorities can bill foreign residents in Japan for assets inherited globally.
Photographer Bleg Bayraktar is winning social media with politeness
A video on Bayraktar's Instagram account of the Belgian photographer approaching an elderly worker in Tokyo's Shibuya has gone viral, garnering almost 9 million views.
Cheer with caution: Expert advises sports fans have game plan for extreme heat
A Cardinals fan fans himself during the seventh inning of a game against the Pirates in St. Louis, Missouri, in June 2022.
Japan's inheritance tax is high, unforgiving and sometimes avoidable
The National Tax Agency at the Ministry of Finance, Kasumigaseki, Tokyo. Japanese tax authorities can bill foreign residents in Japan for assets inherited globally.
Will the movement seeking Ishiba’s resignation succeed?
Liberal Democratic Party youth division head Yasutaka Nakasone (center) and other members speak to reporters in Tokyo on July 25.
Photographer Bleg Bayraktar is winning social media with politeness
A video on Bayraktar's Instagram account of the Belgian photographer approaching an elderly worker in Tokyo's Shibuya has gone viral, garnering almost 9 million views.
Australia announces new warships will come from Japan
The Maritime Self-Defense Force's Mogami-class frigate Niyodo sails at an undisclosed location in this image released Tuesday.

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Longform

Koichi Tagawa’s diary entry from Aug. 9, 1945, describes the day of the atomic bombing of Nagasaki.
The horrors of Nagasaki, in first person
By Naoko Abe

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