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April 22, 2025
 

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GLOBAL ECONOMY

A trader works during the closing bell at the New York Stock Exchange (NYSE) on Thursday.
BUSINESS / Economy
Apr 11, 2025
Trump trade war with China revives recession and bear market fears
While announcing a 90-day tariff pause on dozens of countries, Trump ratcheted up tariffs on Chinese imports, raising them effectively to 145%.
U.S. President Donald Trump attends a cabinet meeting at the White House in Washington on Thursday.
BUSINESS / Companies
Apr 11, 2025
Trump tariff pause leaves CEOs asking: What happens in 90 days?
Trump's tariff flip spurs a stock rally but sows deeper confusion for companies bracing for long-term trade fallout.
U.S. President Donald Trump looks on after signing an executive order in the Oval Office of the White House on Wednesday in Washington.
BUSINESS / Economy
Apr 10, 2025
Tokyo cheers Trump’s tariff U-turn with second-biggest market gain ever
The news of Trump’s 90-day pause on “reciprocal tariffs”was welcomed by Japan and its markets, with the 225-issue Nikkei stock average up more than 9% on Thursday.
One thing is clear: The era of global interdependence, built on efficiency and mutually beneficial arrangements before U.S. President Donald Trump returned to power, has come to an end.
COMMENTARY / World
Apr 10, 2025
Navigating the Trump storm
Trump's second term aims to reshape the global trade system, challenging the current world order with rising tariffs and economic uncertainty.
U.S. President Donald Trump speaks as he attends the National Republican Congressional Committee dinner in Washington on Tuesday. Trump allowed new tariffs — including a 24% levy on Japan — to go into effect as scheduled on Wednesday.
BUSINESS / Markets
Apr 9, 2025
Trump's tariff gambit leaves Asia stunned and scrambling
Tariffs take time to actually affect prices and trade flows, but financial markets are already responding to the possibility of severe economic dislocation.
Shipping containers on the outskirts of Houston on Tuesday. China has vowed to "fight to the end" after Donald Trump further ramped up tariffs.
BUSINESS / Markets
Apr 9, 2025
Trump tariffs take effect, hiking trade levies to a 100-year high
The latest tariffs push levies imposed on China this year to as high as 104%, along with import taxes on roughly 60 trading partners that run trade surpluses with the U.S.
U.S. President Donald Trump delivers remarks on tariffs in the Rose Garden at the White House on April 2.
COMMENTARY / World
Apr 9, 2025
A conversation of the deaf after Trump’s tariffs
Trump likes win-win scenarios, but his version is different from those of his trade partners.
With Trump's tariffs, countries with lower labor costs like China will continue to outcompete the United States and gain stronger footholds in global markets.
COMMENTARY / World
Apr 9, 2025
Trump’s tariffs will accelerate America’s economic decline
Trump’s critics rightly point out that the tariff will raise U.S. car prices, but that is just one of its many drawbacks.
Traders work on the floor of the American Stock Exchange (AMEX) area of the New York Stock Exchange (NYSE) on Friday.
BUSINESS / Markets
Apr 9, 2025
Market calm is shattered as abrupt selloffs roil Wall Street
As recession fears build, markets have continued to flash warning signs.
U.S. President Donald Trump meets with Israeli Prime Minister Benjamin Netanyahu in the Oval Office of the White House in Washington on Monday.
BUSINESS / Economy
Apr 8, 2025
Trump threatens to hike China tariffs further as market plunge continues
A global trade war touched off by U.S. President Donald Trump's sweeping tariffs escalated further on Monday.
Wall Street banks, under political pressure and tempted by short-term gains, are abandoning climate commitments and pouring billions into fossil fuels, risking both environmental catastrophe and massive future economic losses.
COMMENTARY / World
Apr 7, 2025
Wall Street will regret helping the world burn
For an industry in the business of money, it sure has a funny way of ensuring its destruction. 
Kwai Chung container ports in Hong Kong earlier this month
BUSINESS / Markets
Apr 7, 2025
East Asia tries a mix of measures to counter U.S. tariffs as markets suffer
U.S. President Donald Trump last week announced a raft of tariffs, with almost every country affected.
Prime Minister Shigeru Ishiba said Japan does not intend to seek direct confrontation with the U.S. over the newly levied tariffs, during a parliamentary committee session in Tokyo on Monday.
BUSINESS / Economy
Apr 7, 2025
Japan to avoid direct confrontation with the U.S. over Trump tariffs
The Japanese prime minister is calling for a more diplomatic and fact-based approach, in part by examining U.S. allegations about trade barriers.
To sustain growth, emerging and developing economies must boost productivity, increase labor-force participation (especially among women) and build stronger social support systems.
COMMENTARY / World
Apr 7, 2025
Emerging economies must get rich before they get old
To sustain growth, emerging economies must boost productivity, increase labor-force participation — especially among women — and build stronger social support systems.
U.S. President Donald Trump boards Air Force One as he departs for Washington, at Palm Beach International Airport in Palm Beach, Florida, on Sunday.
BUSINESS / Economy
Apr 7, 2025
Trump team rejects market fears, projecting defiance on tariffs
U.S. President Donald Trump’s top economic officials dismissed investors’ fears of inflation and recession, insisting a boom is on the horizon.
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.
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.
Japan tariff negotiator rules out quick U.S. deal despite push by Trump
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.
Magnitude 5.0 earthquake jolts Nagano
A map showing the location of an earthquake that hit Nagano Prefecture on Friday evening, with the numbers indicating the seismic intensity on the shindo scale to 7.
Japan mulls reviewing car safety rules to strike deal with Trump
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.
Shohei Ohtani announces birth of daughter
Shohei Ohtani and his wife Mamiko Tanaka attend a Lakers game in Los Angeles on Dec. 8, 2024.
No concessions over food safety in Japan-U.S. talks, Ishiba says
Prime Minister Shigeru Ishiba speaks to reporters at his official residence in Tokyo on Thursday.
The floor is art: Takuro Tamayama transforms mundanity
Takuro Tamayama’s sculpture “Models (Pair, 6 sets, 12 rings)” comes with a mathematical formation that scales it for different spaces.
Nothing sells like Shohei Ohtani, MLB’s marketing megastar
People walk past an advertisement featuring Los Angeles Dodgers two-way star Shohei Ohtani outside Tokyo Dome on March 18.
Calling all Potterheads: ‘The Goblet of Fire’ comes to Tokyo
The Tokyo version of the globe-trotting exhibition features a Ministry of Magic set, which includes an imposing replica of the Magic Is Might monument representing magical fascism.
Tokyo stock picker advises Trump-proofing portfolios with Godzilla creator Toho
The head of Godzilla, a Japanese monster movie character, is seen on a building of Toho Cinema in Tokyo. Toho is one tariff-defensive stock being recommended by brokers.
LDP and CDP lawmaker groups propose 0% consumption tax on food
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.

Podcast

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

Longform

Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
Can a World Expo still matter? Japan is about to find out.
By Tomoko Otake

SUSTAINABLE JAPAN

BOARDING & INTERNATIONAL SCHOOL DAY 2025 (Sunday, April 20)
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