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May 03, 2024
 

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JAPAN EU TRADE

Japan Times
BUSINESS / Economy
Dec 21, 2017
Government estimates new TPP and EU trade deals will boost Japan's GDP by ¥13 trillion
Japan's recently sealed free trade pacts with 10 Pacific Rim countries and with the European Union will increase real gross domestic product by an estimated ¥13 trillion ($114 billion), the government said Thursday.
Japan Times
JAPAN / Media / MEDIA MIX
Dec 2, 2017
Japan's plan to export arms is lacking ammo
When U.S. President Donald Trump was here last month, he said Japan should be buying more military hardware from America, and seemed to believe it would. Trump's penchant for talking off-the-cuff is well-known, but Japan's reluctance to address the matter forthrightly may have more to do with the fact that the nation now endeavors to be a competitor in the global arms market.
Japan Times
BUSINESS
Nov 14, 2017
U.S. commerce chief urges Japan's carmakers to cut exports and build more autos in America
While noting that Japan is a major trading partner of the U.S., Wilbur Ross said the partnership has resulted in a 'very large” deficit.'
Japan Times
JAPAN / Politics
Nov 9, 2017
Leaving TPP a strategic blunder by Trump, ex-U.S. trade rep Michael Froman says
The Trump administration's decision to withdraw from the Trans-Pacific Partnership trade agreement will cost the U.S. access to markets in the Asia-Pacific and make it easier for China to advance its own vision for the region, said Michael Froman, who served as the U.S. Trade Representative under former President Barack Obama.
Japan Times
COMMENTARY / Japan
Oct 23, 2017
Abe, post-election, faces a new Trump problem
The odds of Japan getting advantageous terms in direct talks with a U.S. president who's torn up myriad deals since January are tiny.
Japan Times
BUSINESS / Economy
Oct 19, 2017
Japan logs goods trade surplus for fourth consecutive half
Japan chalked up a goods trade surplus of ¥1.92 trillion ($17 billion) in the fiscal first half amid robust exports to Asia and the United States, but was squeezed by rising energy imports, government data showed Thursday.
Japan Times
BUSINESS
Jul 26, 2017
U.S. Commerce Secretary Ross suggests Japan trade deal talks will take time
U.S. Commerce Secretary Wilbur Ross indicated Tuesday that it will take time before the United States can start trade deal negotiations with Japan.
Japan Times
BUSINESS / YEN FOR LIVING
Jul 7, 2017
Lower tariffs on EU cheese imports may not translate to reduced prices for 'fromage' lovers
Japan and the European Union just announced a deal on free trade and will seek to reach a final agreement by the end of this year. The EU has already promised to phase out its 10 percent levy on Japanese automobiles, while Japan says it will eliminate taxes on a raft of food items.
Japan Times
BUSINESS
Jul 4, 2017
Japan moots low-tariff import quota on cheese in EU free trade talks
It remains unclear whether the EU will agree given its demand that tariffs on all categories of cheese be eliminated
Japan Times
BUSINESS
Jul 2, 2017
Japan-EU trade pact continues to elude over auto, dairy tariffs
After two days of high-level talks, a broad agreement on free trade envisioned by Japan and the European Union remained out of reach Saturday as differences lingered over tariffs on European dairy and farm products, and other sensitive issues.
Japan Times
BUSINESS
Jun 30, 2017
Lighthizer presses to reduce U.S. trade deficit with Japan during talk with trade chief Seko
During a meeting with Economy, Trade and Industry Minister Hiroshige Seko on Thursday, U.S. Trade Representative Robert Lighthizer stressed the importance of reducing the U.S. trade deficit with Japan.
BUSINESS / FOCUS
May 29, 2017
Japan needs 'bargaining leverage' as U.S. likely to push for bilateral trade deal
Given U.S. President Donald Trump's calls for breaking down trade barriers and expanding American exports as part of "fair" international commerce, his administration appears likely to push Japan to further open its agriculture and automobile markets.
BUSINESS
May 17, 2017
New Zealand prime minister hails Japan's role in TPP before meeting Abe
New Zealand Prime Minister Bill English said Wednesday ahead of his meeting with Prime Minister Shinzo Abe in Tokyo that both countries "can and will" take a leading role in securing the future of the Trans-Pacific Partnership trade pact following the withdrawal of the United States.
EDITORIALS
Apr 23, 2017
Seek constructive economic talks with the U.S.
The Japan-U.S. economic dialogue should focus on constructive discussions, not minor trade discrepancies.
Japan Times
BUSINESS
Mar 28, 2017
Congressional group vows to boost ties with Japan despite TPP exit
A leader of a U.S. congressional group dedicated to promoting relations with Japan on Monday voiced eagerness to boost bilateral economic ties despite Washington's withdrawal from the Trans-Pacific Partnership free trade deal.
Japan Times
JAPAN / Politics
Feb 21, 2017
Abe, U.S. lawmakers agree to work on economic ties, trade after summit
Prime Minister Shinzo Abe and a group of lawmakers from the U.S. House of Representatives agreed in Tokyo on Monday to further strengthen bilateral ties, including in economic areas, according to the Foreign Ministry.
BUSINESS
Feb 18, 2017
Japan, EU agree to push bilateral trade deal
Foreign Minister Fumio Kishida said Friday that he and European Union Trade Commissioner Cecilia Malmstrom had confirmed their resolve to swiftly conclude free trade negotiations between the two economies.
Japan Times
BUSINESS
Dec 17, 2016
Japan, EU set 2017 as the new deadline for free trade agreement: EU negotiator
The European Union and Japan will seek a broad agreement on a bilateral free trade deal next year, EU chief negotiator Mauro Petriccione said Saturday, setting a new deadline partly due to dairy sector tariff issues.
BUSINESS / Economy
Nov 11, 2016
'End of global austerity' seen if Trump loosens purse strings, starts reflation campaign
From construction companies in Spain to copper traders in London's financial district, Donald Trump's victory in the U.S. presidential election is being felt around the world as investors bet on a lasting rise in global inflation.
Japan Times
JAPAN
Oct 3, 2016
Japan gets reprieve in international effort to clamp down on ivory trade
A committee meeting at an international conference for animal conservation votes unanimously to ban domestic trade in elephant ivory.
Weak yen fattens tourist wallets in Japan
People visit the Ameya Yokocho market in Tokyo's Ueno district during the Golden Week holiday on Tuesday.
Number of vacant homes in Japan hits record high of 9 million
A vacant house in Tokyo is seen demolished in January 2020.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.

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