Japan's goods trade deficit grew in July on weak exports to China
Japan logged a goods trade deficit of ¥249.6 billion in July, weighed down by a decrease in exports to China amid Beijing's ongoing trade conflict with Washington, according to government data released Monday. The preliminary reading for July followed a revised ¥589.6 billion surplus for ...
Japan says South Korea has failed to justify stripping Tokyo of fast-track trade status
Industry minister Hiroshige Seko said Seoul has not shown how Japan has fallen short of international export control measures following the latest move in the bilateral spat.
As America's opioid crisis spiraled into a fentanyl epidemic, prosecutors say one young Utah man made himself a drug kingpin by creating counterfeit prescription painkillers laced with the deadly drug and mailing them to homes across the United States. Former Eagle Scout Aaron Shamo, 29, ...
South Korea to tighten radiation checks on imports of coal ash from Japan
South Korea's Environment Ministry said Thursday it will tighten radiation checks on coal ash imports from Japan because they might be contaminated. Coal ash, a byproduct from thermal power plants, can be used to make cement. The move is seen as Seoul's first counterattack after ...
Brazil judge orders Petrobras to refuel Iranian ships stranded by U.S. sanctions, source says
A Supreme Court judge on Thursday ordered Brazil's state oil giant Petrobras to refuel two Iranian ships stranded off the country's coast, a source involved in the dispute and a report said. The order came after Iran's top envoy to Brazil told Bloomberg that Tehran ...
Japan and U.S. eye limited trade deal for agriculture and autos by September: sources
An auto industry official said the deal could involve Japan offering U.S. farmers new access to its market in return for Washington reducing tariffs on certain Japanese auto parts.
U.S. slaps new duties on steel from Mexico and China, alleging unfair subsidies
The United States announced fresh duties on some Mexican and Chinese steel goods Monday, saying those countries helped their manufacturers with unfair subsidies. The decision comes two months after President Donald Trump agreed to lift tariffs on steel and aluminum from Mexico and Canada after ...
Japan's imported auto sales for January to June logged first drop in 10 years
Sales of imported foreign-brand vehicles in Japan in January to June fell 1.8 percent year on year to 149,010 units, down for the first time in 10 years, industry data showed Thursday. Still, the sales figure was the fifth highest for the first-half period, thanks ...
The U.S. merchandise trade deficit with Japan shrank 26.1 percent in May from the previous month to $5.35 billion (¥576.8 billion), the Commerce Department said Wednesday. The deficit with China, meanwhile, expanded 12.2 percent to $30.20 billion, the department said. For the reporting month, Japan ranked ...
Japan incurs goods trade deficit in May amid U.S.-China tensions
Japan's goods trade balance logged its first deficit in four months in May on sluggish exports to China amid Beijing's economic friction with the United States, government data showed Wednesday. The deficit stood at ¥967.1 billion ($8.9 billion) with exports dropping 7.8 percent from a ...
Trade row deepens as China announces retaliatory tariffs on $60 billion of U.S. products
Deepening a trade battle and sending financial markets spinning, China announced Monday it was raising tariffs on $60 billion of U.S. goods in retaliation for the latest hike in U.S. tariffs on its exports. The Finance Ministry said Monday the new penalty duties of 5 ...
U.S. Agriculture Secretary Sonny Perdue seeking 'very quick' deal on tariff reductions with Japan
U.S. Agriculture Secretary Sonny Perdue said Thursday he was seeking a "very quick agreement" with Japan on tariff cuts for agricultural goods as part of efforts to reach a bilateral trade deal. "I hope we can come to a very quick agreement with Japan over ...
