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July 10, 2025
 

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SCOTT BESSENT

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.
U.S. Treasury Secretary Scott Bessent testifies before a House Financial Services Committee hearing on Capitol Hill in Washington on May 7.
BUSINESS / Economy
May 19, 2025
U.S. Treasury chief to focus on imbalances at G7 finance meeting
U.S. Treasury Secretary Scott Bessent will seek to refocus the group on addressing trade imbalances and nonmarket economic practices.
Chinese Vice Premier He Lifeng attends a meeting with global business leaders at the Great Hall of the People in Beijing on March 28.
WORLD / Politics
May 14, 2025
China surrounded Xi aide with seasoned experts to seal U.S. deal
The crew engaging with Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer was on public display for the first time Sunday.
U.S. Trade Representative Jamieson Greer and U.S. Treasury Secretary Scott Bessent attend a news conference after trade talks with China, in Geneva on Monday.
BUSINESS / Economy
May 12, 2025
U.S. and China agree to lower tariffs in 90-day cooling-off period
The temporary move will give the world’s two largest economies three more months to resolve their differences.
U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer address the media after trade talks with China in Geneva on Sunday.
BUSINESS / Economy
May 12, 2025
U.S. and China cite ‘substantial progress’ in Geneva trade talks
U.S. negotiators described "substantial progress" and also said details would be announced Monday.
U.S. Treasury Secretary Scott Bessent leaves his hotel for a meeting with Chinese officials on tariffs in Geneva on Saturday.
BUSINESS / Economy
May 10, 2025
U.S. and China begin talks in bid to 'de-escalate' trade war
The talks were the first between the world's two largest economies since U.S. President Donald Trump slapped steep new levies on China last month.
U.S. Treasury Secretary Scott Bessent testifies before a House Appropriations subcommittee oversight hearing on Capitol Hill in Washington on Tuesday.
BUSINESS / Economy
May 7, 2025
U.S.-China trade talks to start this week focused on de-escalation
The meeting will be the first confirmed trade talks between the countries since U.S. President Donald Trump announced sweeping tariffs on Beijing.
Chinese Foreign Minister Wang Yi attends the BRICS Meeting of Ministers of Foreign Affairs in Rio de Janeiro on Monday.
WORLD / Politics
Apr 29, 2025
At BRICS meeting, China vows to stand firm against ‘bully’ Trump
On Tuesday, China’s Foreign Minister warned BRICS nations not to cave to U.S. tariffs, urging resistance to pressure amid growing trade tensions.
Finance Minister Katsunobu Kato listens to a question during an interview at the Finance Ministry in Tokyo on April 17.
BUSINESS / Economy / ANALYSIS
Apr 26, 2025
Yen and BOJ's rate policy may remain focus in Japan-U.S. trade talks
A look at finance officials' descriptions of a recent meeting suggests currencies and the BOJ's interest rate policy may remain key factors in broader trade negotiations.
U.S. Secretary of Treasury Scott Bessent says a de-escalation between the U.S. and China will come in the very near future.
BUSINESS / Economy
Apr 23, 2025
Bessent expects tariff standoff with China to deescalate
The U.S. Treasury secretary is optimistic that tensions could cool in the coming months but cautioned that a larger deal could take longer.
Japan stands its ground after Trump letter delivers 25% U.S. tariff shock
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.
Japan to set up 'control tower' for crimes by foreign residents
Chief Cabinet Secretary Yoshimasa Hayashi speaks at a news conference in Tokyo on Tuesday.
China’s housing crisis is worse than it seems
Residential buildings under construction in Shanghai in July 2022. The Chinese government risks long-term decline by repeating Japan’s policy mistakes in handling its real estate and demographic crises.
Over 800 people found to be involved in TOEIC cheating scheme
An English conversation test paper and bubble answer sheet. A Chinese graduate student from Kyoto University is suspected of having attempted to use a small microphone under a mask to tell other takers of a popular English-language proficiency test the correct answers.
Japan braces for more quakes as authorities dismiss doomsday hype
Evacuees from Akuseki Island, located in the Tokara island chain in Kagoshima Prefecuture, arrive at Kagoshima Port on Friday.
From the Abes to the Ohtanis: How siblings shape athletic development
Olympic judoka Uta Abe (second from left) and Hifumi Abe (second from right) with their brother Yuichiro (center) and their parents. “I’m always consciously trying to be a good older brother,” Yuichiro said.
Foreign nationals' presence in Japan emerges as key issue in Upper House poll
Prime Minister Shigeru Ishiba delivers a campaign speech next to a Liberal Democratic Party candidate for the Upper House (top center left) in Yokohama on Sunday.
Scams involving police impersonation surge
A video by the National Police Agency warns about fake scams.
Lawson to let visitors use larger parking lots as paid car campsites
A Lawson convenience store in Yachiyo, Chiba Prefecture. A new service from the company comes amid the rise in inbound tourists, making hotels and inns harder to book and more expensive.
The future is bright inside the visionary mind of architect Sou Fujimoto
The exhibition of Fujimoto’s architecture surveys his career to date, as well as looks ahead as shown in his proposal of a future floating city designed in collaboration with data scientist Hiroaki Miyata.

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