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July 31, 2025
 

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SCOTT BESSENT

U.S. and Chinese flags flutter outside Sweden's government offices "Rosenbad" in Stockholm on Tuesday, ahead of the second day of trade talks between China and the U.S.
BUSINESS / Economy
Jul 30, 2025
U.S., China agree to continue talks on tariff truce extension
The Stockholm negotiations marked the third round of U.S.-China trade talks in less than three months.
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.
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%
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.
Jerome Powell, the embattled chairman of the Board of Governors of the U.S. Federal Reserve, appears before a House committee in Washington on June 24.
BUSINESS / Markets
Jul 16, 2025
Wary that Fed chief may be ousted, investors protect portfolios from inflation risk
A Fed chief warmer to cutting rates could have a mixed effect on equities but could weaken the U.S. dollar, increase volatility in the Treasurys market and raise longer-term rates.
Prime Minister Shigeru Ishiba arrives at the Prime Minister's Office in Nagatacho, Tokyo, on Tuesday.
JAPAN / Politics
Jul 15, 2025
Ishiba may meet top U.S. tariff negotiator Scott Bessent in Tokyo this week
The prime minister is understood to be aiming for a path to agreement in the ongoing bilateral tariff negotiations by meeting with the U.S. top negotiator in person.
U.S. Treasury Secretary Scott Bessent
BUSINESS / Economy
Jul 14, 2025
G20 agenda eclipsed as Bessent skips South Africa meeting again
Scott Bessent will skip the Group of 20 again this week, continuing a boycott of South Africa by top U.S. officials begun by Secretary of State Marco Rubio.
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 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.
U.S. President Donald Trump speaks to reporters aboard Air Force One on Tuesday.
BUSINESS / Economy
Jul 2, 2025
Trump doubles down on Japan again by threatening 35% tariff
Japan is currently subject to 25% auto tariffs and a 50% tariff on steel and aluminum, as well as a 10% reciprocal tariff that could return to 24% if no deal is struck by July 9.
A Trump hat on the floor of the New York Stock Exchange on June 18
BUSINESS / Markets
Jun 30, 2025
Trump deals poised to fall short of sweeping global trade reform
Trump and his advisers have left investors on edge ahead of July 9, offering cryptic signals about which countries were close to agreements and which were off track.
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.
U.S. Secretary of Treasury Scott Bessent and Chinese Vice Premier He Lifeng shake hands at Lancaster House in London on Monday.
BUSINESS
Jun 12, 2025
Deal to get U.S.-China trade truce back on track is done, Trump says
The deal removes Chinese export restrictions on rare earth minerals and allows Chinese students access to U.S. universities.
U.S. Commerce Secretary Howard Lutnick speaks to members of the media at Lancaster House in London on Tuesday.
BUSINESS / Economy
Jun 11, 2025
U.S. and China officials agree on plan to ramp down trade tensions
Officials on both sides expressed optimism but the framework must now be approved by leaders in Washington and Beijing.
U.S. Secretary of Treasury Scott Bessent (L) and Chinese Vice Premier He Lifeng (R) shake hands as they pose for a photo during trade discussions at the Lancaster House in London on Monday.
BUSINESS
Jun 10, 2025
U.S.-China trade and minerals talks in London set to extend to second day
Washington and Beijing are trying to revive a temporary truce struck in Geneva that had briefly lowered trade tensions and calmed markets.
Finance Minister Katsunobu Kato (right) and Bank of Japan Gov. Kazuo Ueda wait for a group photograph to be taken at a meeting of Group of Seven finance ministers and central bank governors’ in Banff, Canada, on Wednesday.
BUSINESS / Economy
May 22, 2025
Japan and U.S. reaffirm commitment to letting markets set currency rates
Finance Minister Katsunobu Kato and U.S. Treasury Secretary Scott Bessent have made a point of not discussing a target yen-dollar rate.
Finance Minister Katsunobu Kato and U.S. Treasury Secretary Scott Bessent are expected to hold bilateral talks on the sidelines of a G7 finance leaders' gathering to be held this week in Canada.
BUSINESS / Economy
May 20, 2025
Japan’s Kato plans Bessent meet to discuss topics including FX
The yen gained to as much as ¥144.73 against the dollar following Kato’s remark, after trading around ¥145.50 earlier in the morning.
Japan on edge but prepared for tsunami after huge Kamchatka earthquake
Police officers ask a man to evacuate from an empty beach following a tsunami warning, in Fujisawa, Kanagawa Prefecture, on Wednesday.
Japan to start new residency system for foreign workers
Students hoping to work in Japan attend a Japanese class at a job placement company in Hanoi in October 2022.
Last soldiers of Imperial Japanese Army have a warning for younger generations
Kunshiro Kiyozumi, 97, who was the youngest crew member of the Imperial Japanese Navy submarine I-58 in World War II, on his way to a restaurant to have lunch in Matsuyama, Japan, on April 29.
Japan marks highest-ever temperature of 41.2 C in Hyogo
Japan's temperature soared to a record 41.2 degrees Celsius in Tanba, Hyogo Prefecture, on Wednesday, surpassing the previous high of 41.1 C.
Japan should take all possible measures to raise wages, white paper says
Prolonged high prices for food and other goods have pushed down consumer sentiment and real wages, according to the Annual Report on the Japanese Economy and Public Finance for fiscal 2025.
How the Japanese TV industry is changing
Fuji TV headquarters in Tokyo's Minato Ward. Fuji TV came under fire over the manner in which it handled a case of “sexual trouble” involving former boy band member Masahiro Nakai and a female announcer.
Last soldiers of Imperial Japanese Army have a warning for younger generations
Kunshiro Kiyozumi, 97, who was the youngest crew member of the Imperial Japanese Navy submarine I-58 in World War II, on his way to a restaurant to have lunch in Matsuyama, Japan, on April 29.
Why Ishiba refuses to quit even amid intense pressure for him to go
Supporters of Prime Minister Shigeru Ishiba take part in a rally across the street from the Prime Minister's Office on Friday.
Behind the scenes at the Baseball Hall of Fame's new Yakyu/Baseball exhibit
“Yakyu / Baseball: The Transpacific Exchange of the Game” is set to remain on display in Cooperstown for at least five to 10 years — and possibly indefinitely.
Boys’ love dramas from Thailand make waves in Japan
Wakana, a Japanese fan of Thai BL, visits a temple in Thon Buri, Bangkok featured in the Thai adaptation of the Japanese series “Cherry Magic.” Her media consumption kindled an interest in Thai culture and language, and ultimately led her to relocate to Thailand. “I fell in love with the whole country,” she says.

Podcast

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

Longform

Ichiro Suzuki, one of the most iconic players in NPB and MLB history, was elected to the Baseball Hall of Fame with 99.7% of the vote.
With Hall of Fame induction, Ichiro makes himself heard loud and clear
By Jason Coskrey

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