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July 12, 2025
 

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GLOBAL ECONOMY

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.
U.S. Secretary of State Marco Rubio attends the East Asia Summit foreign ministers’ meeting in Kuala Lumpur on Friday.
ASIA PACIFIC / Politics
Jul 12, 2025
Trump tariffs not broached in two ASEAN-related meetings with U.S. officials
The lack of any mention of trade concerns was glaring amid reports that countries are looking at diversifying partnerships as a way to weather U.S. tariffs.
Copper rods are wound at a workshop that recycles the metal in Anqing, China, on Friday.
BUSINESS / Economy / ANALYSIS
Jul 12, 2025
Trump's copper tariffs pile more metal misery on U.S. auto industry
The duties on their own may be manageable, but prices of the red metal vital for making cars have soared to record highs.
Chinese Finance Minister Lan Fo'an speaks at the China Development Forum 2024 in Beijing in March 2024.
COMMENTARY / World / Geoeconomic Briefing
Jul 11, 2025
Can China become a defender of free trade?
The trillion-dollar question is: Does Beijing’s rhetoric match reality and how sincere is China when it claims to be a “defender” of free trade?
U.S. President Donald Trump’s escalating tariffs, erratic trade threats and linkage of economic and defense issues are undermining trust in America and pushing allies like Japan to rethink their dependence on Washington.
EDITORIALS
Jul 11, 2025
Trump declares war on the international economic order
Trump has a simple understanding of international relations. In his mind, might makes right.
Takeshi Niinami, Suntory Holdings CEO and chairperson of the Japan Association of Corporate Executives
BUSINESS / Economy
Jul 10, 2025
Japan's united front on tariffs begins to crack as doubts raised
A senior business leader has questioned the effectiveness of the government in negotiating with the U.S.
U.S. President Donald Trump (left) and Commerce Secretary Howard Lutnick at Morristown Airport, New Jersey, on Sunday. Trump on Monday sent letters to 12 countries notifying them of new "reciprocal" tariff rates effective Aug. 1.
BUSINESS / Economy
Jul 8, 2025
Japan stands its ground after Trump letter delivers 25% U.S. tariff shock
Tokyo holds the line on its negotiating position, especially when it comes to auto exports.
White House press secretary Karoline Leavitt holds a trade letter sent by the White House to Japan during a news conference at the White House in Washington on Monday.
BUSINESS / Economy
Jul 8, 2025
Trump announces new tariff rate on Japan — and extension of deadline to Aug. 1
The United States will raise its “reciprocal tariff” on Japan to 25% effective Aug. 1, President Donald Trump said in a letter addressed to Prime Minister Shigeru Ishiba on Monday.
U.S. President Donald Trump stands next to Commerce Secretary Howard Lutnick, as he speaks to members of the media, upon his arrival at Morristown Airport, in Morristown, New Jersey, on Sunday.
BUSINESS / Economy
Jul 7, 2025
U.S. tariffs to kick in Aug. 1, barring trade deals
The U.S. Treasury chief signaled that letters President Donald Trump is poised to send trading partners this week aren’t the final word on countries’ immediate tariff rates.
Brazilian President Luiz Inacio Lula da Silva and Chinese Premier Li Qiang pose for a picture after a bilateral meeting Saturday ahead of the BRICS summit in Rio de Janeiro on July 5.
BUSINESS / Economy
Jul 6, 2025
BRICS nations voice 'serious concerns' over Trump tariffs
The summit's impact will be depleted by the absence of Vladimir Putin as well as Xi Jinping, who is skipping the meeting for the first time in his 12 years as president.
Ryosei Akazawa, Japan’s chief tariff negotiator, leaves for Washington on Thursday for his seventh round of trade talks with the United States.
BUSINESS / Economy
Jul 1, 2025
Japan-U.S. trade negotiations stall as Trump fumes 
The two sides remain far apart, and no new talks are scheduled.
U.S. Secretary of Commerce Howard Lutnick met with Ryosei Akazawa, Japan’s chief tariff negotiator, on Friday.
BUSINESS / Economy
Jun 30, 2025
Japan-U.S. trade negotiations deadlocked after months of fruitless talks
Trump's comments on Sunday suggest he is in no mood to compromise on tariffs.
Jerome Powell, Chairman of the Board of Governors of the Federal Reserve System, in Washington on June 24. The question of how to handle the fallout from White House decisions may loom large as Powell is set to speak on a panel with peers from the euro zone, Japan, South Korea and the U.K.
BUSINESS / Markets
Jun 30, 2025
Powell and Lagarde count cost of Trump’s turbulence
At the halfway point of 2025, global policy is almost paralyzed by the need to navigate risks posed both to inflation and growth in the wake of Trump’s actions.
Russian President Vladimir Putin speaks at the BRICS summit in Kazan, Russia, on Oct. 24. Rio de Janeiro will host the two-day BRICS Summit starting July 6, where leaders from 10 member states and others will explore ways emerging economies can shape global development. 
COMMENTARY / World
Jun 29, 2025
A BRICS+ development agenda for the Global South
An effective BRICS+ development agenda will require a coordinated mobilization of resources and institutional efforts.
U.S. Treasury Secretary Scott Bessent speaks to members of the media after a Senate Republican policy luncheon at the U.S. Capitol in Washington on Friday.
BUSINESS / Economy
Jun 28, 2025
Tariff deals could be wrapped up by Sept. 1, Bessent says as talks pick up
The U.S. Treasury chief did not mention any changes to a July 9 deadline for countries to reach deals with the United States or see tariffs spike higher.
Canadian Prime Minister Mark Carney and U.S. President Donald Trump arrive for a family photo during the Group of Seven leaders' summit at the Kananaskis Country Golf Course in Kananaskis, Alberta, on June 16.
BUSINESS / Economy
Jun 28, 2025
Trump halts trade talks with Canada, shattering optimism over tariff deals
The move came just hours after U.S. Treasury Secretary Scott Bessent struck an upbeat tone on trade, saying deals could be reached by Sept. 1.
U.S. Secretary of Commerce Howard Lutnick attends an event at the White House in Washington on Thursday.
BUSINESS / Economy
Jun 27, 2025
Lutnick says U.S.-China truce signed and 10 trade deals imminent
The move includes a commitment from China to deliver rare earths used in everything from wind turbines to jet planes.
People attend a protest following U.S. attacks on Iranian nuclear sites, amid the Iran-Israel conflict, in Tehran on Sunday.
BUSINESS / Economy
Jun 23, 2025
U.S. strikes on Iran come at fragile moment for the global economy
The biggest economic impact from a prolonged conflict in the Middle East would likely be felt via surging oil prices.
U.S. Federal Reserve Chair Jerome Powell attends a news conference in Washington on Wednesday.
BUSINESS / Economy
Jun 21, 2025
Trump floats firing 'numbskull' Fed chair Jerome Powell
The Republican leader regularly berates Powell over the bank's decisions not to lower interest rates.
About three-quarters of Japanese imported crude oil travels through the Strait of Hormuz, which Iran has threatened to close.
BUSINESS / Economy / FOCUS
Jun 20, 2025
Japan’s economy is particularly vulnerable amid Middle East conflict
The yen is not trading like a safe-haven asset following Israel's efforts to knock out Iran's nuclear program.
Tokyo hit by torrential rainfall at rush hour
People line up at Shibuya Station in Tokyo as they try to avoid the heavy rain on Thursday.
Foreign drivers in Japan to face tougher license conversion rules from October
According to the National Police Agency, there were 75,905 people who converted their foreign driver’s license to a Japanese one in 2024, up from 48,885 in 2019.
Chinese fighters came within 30 meters of Japanese spy aircraft, Tokyo says
A Chinese JH-7 fighter jet makes an near an Air Self-Defense Force YS-11EB surveillance aircraft over the East China Sea this week in this image released Thursday.
Air India crash report to offer peek into last seconds
Members of the Indian Army's engineering arm prepare to remove the wreckage of an Air India aircraft in Ahmedabad on June 14.
What Japanese politics could look like after Upper House election
Prime Minister Shigeru Ishiba, who heads the ruling Liberal Democratic Party (center) waves to attendees as he departs after delivering a campaign speech in Yokohama on Sunday.
New IG Arena set to dial down temperature at Nagoya Basho, in a good way
With IG Arena getting glowing early reviews as the Nagoya Basho’s replacement venue, it may be a while before fans wax nostalgic about the Aichi Prefectural Gymnasium.
Once a niche, anime is now mainstream content for Netflix and other streaming services
Though Netflix remains the dominant choice globally for anime viewers, Amazon Prime Video has also invested heavily in anime, steadily adding titles to their catalogue.
NGOs condemn rise in anti-immigrant rhetoric ahead of Upper House vote
Sanseito head Sohei Kamiya holds a board that reads "Japanese First" in Tokyo on July 2. In a joint statement on Tuesday, eight human rights nongovernmental organizations described the far-right party's stance as "hate speech."
Japanese dancers find a home abroad at Houston Ballet
“Giselle” lead Yuriko Kajiya (center), performing with Connor Walsh as Albrecht, is one of six Japanese dancers at Houston Ballet.
From the Abes to the Ohtanis: How siblings shape athletic development
Olympic judoka Uta Abe (second from left) and Hifumi Abe (second from right) with their brother Yuichiro (center) and their parents. “I’m always consciously trying to be a good older brother,” Yuichiro said.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Mount Fuji is considered one of Japan's most iconic symbols and is a major draw for tourists. It's still a mountain, though, and potential hikers need to properly prepare for any climb.
What it takes to save lives on Mount Fuji
By Alex K.T. Martin

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