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August 11, 2025
 

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RYOSEI AKAZAWA

Ryosei Akazawa, Japan’s top trade negotiator, said U.S. officials expressed regret that the stacking rule had been applied to Japan despite a verbal agreement, and said Washington would refund any overpaid levies.
BUSINESS / Economy
Aug 10, 2025
U.S. and Japan working to announce tariffs won’t stack
The United States is working to finalize an announcement that would end the stacking of universal tariffs on Japanese goods.
Ryosei Akazawa, Japan's chief tariff negotiator, said the U.S. made a clerical error in not including a “reciprocal” tariff rate ceiling for Japan in the trade deal.
BUSINESS / Economy
Aug 8, 2025
U.S. backtracks on Japan tariff calculation, taking effective rate lower
Japan's chief tariff negotiator said that a clerical error had been made in the U.S.
U.S. President Donald Trump speaks at the White House on Wednesday.
BUSINESS / Economy
Aug 7, 2025
The United States imposes 15% 'reciprocal' tariff on most Japanese goods
Japan and the U.S. still disagree on how the rate will be calculated.
U.S. President Donald Trump at the White House on Tuesday. He told CNBC that investment pledges are like signing bonuses.
BUSINESS / Economy
Aug 6, 2025
Trump: The $550 billion pledged by Japan is 'our money'
The U.S. president told CNBC that he is free to invest the funds however he wishes.
U.S. Secretary of the Treasury Scott Bessent and Economic Revitalization Minister Ryosei Akazawa. Akazawa, Japan's chief tariff negotiator, is returning to the United States for another round of trade talks.
BUSINESS / Economy
Aug 5, 2025
Akazawa returns to U.S. for more talks as tariff deal looks shaky
Japan is urging the United States to cut the tariff on cars as soon as possible.
Prime Minister Shigeru Ishiba has been talking up Japan's successful tariff negotiations with the United States.
BUSINESS / Economy
Aug 1, 2025
U.S. sets Aug. 7 as start date for Japan's 15% 'reciprocal' tariff
The focus is now on unfinished business as auto duties go unmentioned.
U.S. President Donald Trump on Wednesday in Washington, the day after he agreed to an 11th-hour trade deal with Japan.
BUSINESS / Economy
Jul 24, 2025
Big unanswered questions follow Japan's big, beautiful deal with the U.S.
The $550 billion investment plan, in particular, is the subject of doubt and discussion.
Prime Minister Shigeru Ishiba’s last-minute trade deal with the U.S. may calm tariff fears but has cost him politically, leaving Japan’s ruling party divided and his leadership on the brink.
COMMENTARY / Japan
Jul 24, 2025
‘Mr. Japan’ bends the knee — and falls on his sword
Shigeru Ishiba’s trade deal with Donald Trump will be his last act as leader
U.S. Treasury Secretary Scott Bessent and Ryosei Akazawa, Japan chief tariff negotiator, in Tokyo
BUSINESS / Economy / ANALYSIS
Jul 23, 2025
Japan and U.S. both claim win in surprise 11th-hour tariff deal
The "reciprocal" rate is set at 15%, while the rate on autos is 12.5%
U.S. Treasury Secretary Scott Bessent says the administration of President Donald Trump's priorities in tariff deals are not the inner workings of the Japanese government, but the American people.
BUSINESS
Jul 22, 2025
U.S. seeking best deal for Americans in talks with Japan, Bessent says
The treasury secretary said the inner workings of the Japanese government are not a priority, in an apparent check on Tokyo's aim to review U.S. automobile tariffs.
Chief tariff negotiator Ryosei Akazawa in Osaka on Saturday. On Monday, Akazawa flew to the United States for another round of tariff negotiations.
BUSINESS / Economy
Jul 21, 2025
Akazawa jets to Washington for tariff talks after historic election
If an agreement with the U.S. can't be reached before Aug. 1, the "reciprocal" tariff rate imposed by the administration of U.S. President Donald Trump rises to 25%.
Prime Minister Shigeru Ishiba with U.S. Treasury Secretary Scott Bessent before a meeting at the Prime Minister's Office in Tokyo on Friday.
BUSINESS / Economy
Jul 19, 2025
Ishiba and Bessent say 'good' trade agreement still possible
Prime Minister Shigeru Ishiba urged U.S. Treasury chief Scott Bessent to continue talks with Japan’s chief negotiator to achieve a win-win deal.
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
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.
The yen-dollar exchange rate is displayed outside a securities firm in Tokyo on Tuesday.
BUSINESS / Economy
Jul 10, 2025
Japan unlikely to face U.S. pressure to strengthen yen, ex-top FX diplomat says
Masatsugu Asakawa was deeply involved in Japan's trade and currency negotiations with the U.S. when he was vice finance minister for international affairs.
U.S. Treasury Secretary Scott Bessent speaks to reporters in Washington on June 27.
BUSINESS
Jul 9, 2025
U.S. Treasury Secretary Bessent to visit Japan next week for Expo
The visit comes after Donald Trump stated his intention to raise tariffs on all Japanese imports to 25% — slightly higher than the 24% rate initially announced in April.
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.
Japan's top tariff negotiator, Ryosei Akazawa, speaks to the press upon his arrival at Tokyo's Haneda Airport in April.
BUSINESS / Economy
Jul 6, 2025
Japan's top trade negotiator holds two phone meetings with U.S. commerce chief
Ryosei Akazawa held "in-depth exchanges" over the phone with U.S. Commerce Secretary Howard Lutnick on Thursday and Saturday.
U.S. President Donald Trump has threatened to just decide tariff rates himself and send out letters.
BUSINESS / Economy / FOCUS
Jul 4, 2025
Japan-U.S. tariff negotiations enter uncharted territory
A deal seems impossible as both sides refuse to budge just days ahead of the deadline.
U.S. President Donald Trump speaks to reporters aboard Air Force One on Tuesday.
BUSINESS / Economy
Jul 2, 2025
Trump hammers away at Japan for a third day, threatening 35% duties 
The U.S. president said he might simply end negotiations and set a tariff rate for Japanese products.
Tokyo’s WWII museums hold diverse views on war and peace
A carrier-based Type 52 Zero fighter marks the entrance foyer of Yasukuni Shrine's Yushukan, a museum that tells a more nuanced story of Japan's experience in World War II than the controversies around the shrine might suggest.
Japan starts survey on foreign nationals' unpaid resident taxes
In the most recent regular session of parliament, problems were highlighted regarding some foreign workers leaving Japan without paying outstanding taxes.
Summer bonuses at major Japan firms hit record
The fourth consecutive year of increase came after many firms raised their monthly wages this spring and as a result of solid earnings mainly among manufacturers.
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.
Weather agency warns of landslides and flooding in Kyushu as heavy rain continues
An embankment on the Amikake River that collapsed due to heavy rain in Aira, Kagoshima Prefecture, on Friday. Downpours continued in the Kyushu region over the weekend.
At Himawari Shokudo 2, Italian food with a Japanese soul
At Himawari Shokudo 2, chef Hozumi Tanaka serves Italian-inspired fare with a focus on Toyama produce, such as this appetizer of lightly blanched "hotaru ika" (firefly squid) served atop mixed wild plants and a crepe prepared from "yamato-imo" yam.
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.
Australia's warship selection signals Japanese defense industry's arrival
The Maritime Self-Defense Force's Mogami-class frigate. Australia's selection of an upgraded version of the Mogami-class warship for its next frigate class could prove to be a watershed moment for Japan’s defense industry.
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.

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