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July 04, 2025
 

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STEEL

Chief Cabinet Secretary Yoshimasa Hayashi during a news conference at the Prime Minister's Office on Wednesday
BUSINESS
Mar 12, 2025
Lack of exemption from U.S. steel tariffs 'regrettable,' says Japan
Top government spokesman Yoshimasa Hayashi said the two nations would continue to discuss details of the duties, which came into force at midnight U.S. time.
Trade minister Yoji Muto says his talks in Washington with U.S. officials didn’t result in any confirmation to exclude Tokyo from upcoming tariff measures.
BUSINESS / Economy
Mar 11, 2025
Japan's trade minister fails to win tariff exemption assurance from U.S.
New duties on car imports would deal a direct blow to the economy of Japan, which is already bracing for an indirect impact from tariffs the U.S. is imposing on other nations.
Nippon Steel is trying to build its business globally with U.S. Steel as a key component.
BUSINESS / Companies / ANALYSIS
Mar 5, 2025
U.S. Steel seen as key to Nippon Steel's global strategy
To meet its target of raising its annual crude steel production capacity to over 100 million metric tons, the firm needs to forge ahead into promising foreign markets.
Masanori Katayama (center), chairman of the Japan Automobile Manufacturers' Association, speaks during a meeting with trade and industry minister Yoji Muto at the ministry on Tuesday.
BUSINESS / Companies
Feb 26, 2025
Japanese auto industry seeks government help against U.S. tariffs
U.S. President Donald Trump said last week he wants to impose 25% tariffs on imports of autos as soon as April 2.
Nippon Steel spent much of 2024 trying to gain approval for its planned takeover of U.S. Steel, facing regulatory and political hurdles.
BUSINESS / Companies
Feb 25, 2025
Nippon Steel sticks with U.S. Steel takeover after investment call
The comments from Nippon Steel President Tadashi Imai on Tuesday are the first from an executive of the company since Trump said the steelmaker was considering an investment.
Rail wagons loaded with iron ore move along a rail track at Rio Tinto's rail yard operations in Karratha, Western Australia.
BUSINESS / Companies
Feb 19, 2025
Mitsui to buy stake in Australian iron ore mine for $5.3 billion
The move is a bet that the global steel industry will need high-quality raw materials to support its push to go green.
Prime Minister Shigeru Ishiba said that the situation surrounding Nippon Steel and U.S. Steel has improved under U.S. President Donald Trump.
BUSINESS / Companies
Feb 18, 2025
Ishiba questions the politics of Nippon Steel-U.S. Steel deal rejection
The "unjust political interference” was difficult to understand, the prime minister said, but he indicated that the situation has improved under Trump.
Steelworks of South Korea's largest steelmaker POSCO are seen over a residential area in Pohang on Feb. 13. Smoke billows from chimneys as factories churn in South Korea's steelmaking heartland, now under threat from Washington's new tariffs on the port city's largest export.
BUSINESS / Economy / FOCUS
Feb 16, 2025
Trump tariffs loom large in South Korea's 'steel city'
South Korea was the fourth largest exporter of the metal to the United States last year, accounting for 13% of its total steel imports.
U.S. President Donald Trump meets with Prime Minister Shigeru Ishiba at the White House in Washington on Feb. 7.
BUSINESS / Companies
Feb 15, 2025
U.S. Steel and Nippon Steel were blindsided by Trump investment talk
The proposed investment following Donald Trump's meeting with Prime Minister Shigeru Ishiba wasn’t communicated to either of the steelmakers beforehand.
The U.S. Steel Mon Valley Works Edgar Thomson Plant in Braddock, Pennsylvania.
BUSINESS / Companies
Feb 14, 2025
Nippon Steel wants 100% of U.S. Steel, not a minority stake, report says
Last week, the deal appeared effectively dead after a meeting between Prime Minister Shigeru Ishiba and U.S. President Donald Trump.
U.S. Steel workers rally outside the company's headquarters in Pittsburgh in support of the takeover by Japan's Nippon Steel back in September.
EDITORIALS
Feb 14, 2025
The Nippon Steel deal’s lessons for the world
Former U.S. President Joe Biden’s stiff opposition to the deal may have created space, if not impetus, for President Donald Trump to resurrect the acquisition.
U.S. President Donald Trump has said that Nippon Steel has agreed to make a big investment in the U.S. company instead of acquiring it, and has voiced his intention to meet with the leader of Nippon Steel as early as this week.
BUSINESS / Companies
Feb 13, 2025
Nippon Steel exec heads to U.S. to prepare for talks with Trump
Nippon Steel may be forced to significantly revise its plans as Trump has said that the Japanese company will not take a majority stake in U.S. Steel.
Cargo ships full of shipping containers are seen at the port of Oakland, California, on Feb. 3 as trade tensions escalate over U.S. tariffs
BUSINESS / Economy
Feb 13, 2025
Trump says he will sign reciprocal tariffs order soon, as trade war fears mount
Trump's latest round of market-rattling tariffs comes as Indian Prime Minister Narendra Modi is due to visit the White House on Thursday.
U.S. President Donald Trump signs executive orders, including two official proclamations that will impose a 25% tariff on steel and aluminum from all countries globally, in the Oval Office of the White House in Washington on Monday.
BUSINESS / Economy
Feb 12, 2025
Japan asks for exemption from Trump's steel and aluminum tariffs
Officials in Tokyo said the government will closely examine the impact of U.S. measures on Japanese companies and will take necessary actions.
A worker walks in front of rolls of steel at a steel company in Monterrey, Nuevo Leon, Mexico, on Tuesday.
BUSINESS / Markets
Feb 12, 2025
Canada, Mexico and EU slam 'unjustified' Trump steel tariffs
The European Union and Canada vowed to firmly retaliate against the tariffs.
U.S. President Donald Trump holds a signed executive order on tariffs on aluminum imports in Washington on Monday.
BUSINESS / Economy
Feb 11, 2025
Trump sets 25% tariffs on steel and aluminum, heightening trade war
The move would fulfill what the most extreme trade protectionists have sought for years.
On Sunday, U.S. President Donald Trump told reporters that U.S. Steel would remain American.
BUSINESS / Companies
Feb 10, 2025
Nippon Steel goes quiet after U.S. Steel deal seemingly nixed for good
Comments over the weekend by U.S. President Donald Trump and Prime Minister Shigeru Ishiba point to the U.S. steelmaker remaining American.
U.S. President Donald Trump speaks to reporters aboard Air Force One, en route to New Orleans to attend the Super Bowl, on Sunday.
BUSINESS / Companies
Feb 10, 2025
Trump says Nippon Steel cannot have a majority stake in U.S. Steel
Prime Minister Shigeru Ishiba also appeared to have discussed a revised plan with Nippon Steel before presenting it to Trump at their recent summit.
A worker welds at a steel manufacturing facility in Mexico City on Thursday.
BUSINESS / Economy
Feb 10, 2025
Trump to announce 25% steel and aluminum tariffs in latest escalation
Trump, speaking to reporters on Air Force One on his way to the Super Bowl in New Orleans, said he will announce the new metals tariffs on Monday.
Prime Minister Shigeru Ishiba and U.S. President Donald Trump hold a joint news conference in the East Room of the White House in Washington on Saturday.
JAPAN / Politics
Feb 9, 2025
Ishiba says Trump didn't push defense spending hike or discuss tariffs
Ishiba also echoed Trump's pledge to help mediate a move by Japan’s Nippon Steel to invest in U.S. Steel rather than purchasing the American company.
Magnitude 5.5 earthquake jars Tokara Islands amid flurry of seismic activity
A strong quake struck off the Tokara Islands on Thursday afternoon, with the island chain having recorded around 1,000 earthquakes since a burst of seismic activity first began on June 21.
Onosato's yokozuna promotion causes rare quirk in new sumo rankings
Newly promoted yokozuna Onosato holds a copy of the latest banzuke ranking in Anjo, Aichi Prefecture, on Monday.
A prophesied disaster (likely) won’t strike Japan this weekend
A viral manga prediction of a July 5 disaster has gripped Japan with anxiety and triggered an economic impact, but experts warn that while such dates are unreliable, the threat of a massive earthquake remains real. 
Over 900 earthquakes strike Tokara islands in space of two weeks
A screenshot shows many quakes occurring in the Tokara islands over the past 30 days, in this image taken from the U.S. Geological Survey website.
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Flag football facing challenges and opportunities ahead
Japan’s women’s flag football team at the 2025 International Bowl in Los Angeles in June. The sport is enjoying continued growth in the country.
From Hokusai’s Great Wave, shinkansen to One Piece: a cultural treasure box for Lego Japan
Michael Ebbesen, general manager of Lego Japan, says Lego bricks based on Japanese culture have a rich global appeal and are sellable around the world.
With farmed fish, RelationFish swims against the tide in fine dining
Chef Hideaki Matsuo (middle) and the staff of Oseto Suisan Fisheries prepare to check on their sustainably farmed fish.
As Southeast Asia heats up, a Japanese cooling giant sees a major opportunity
An employee of Daikin Cambodia explains the use of different tools during an air conditioner installation training session in Phnom Penh. Daikin is one of Japan’s oldest air conditioning companies, but as Japan’s population falls, the firm is keying in on overseas growth.

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