Tag - tariffs

 
 

TARIFFS

Lee Jae-myung, the presidential candidate for South Korea's Democratic Party, and his wife, Kim Hye-gyeong, acknowledge the crowd as they await the final results of the presidential election in Seoul early Wednesday.
ASIA PACIFIC / Politics
Jun 4, 2025
South Korea's Lee Jae-myung vows to unite country in presidential win
Lee rode a wave of anxiety about the economy and political instability to a victory that could have broad ramifications for Seoul’s relations with Tokyo, Washington and Pyongyang.
OECD Secretary-General Mathias Cormann delivers a speech at OECD headquarters in Paris on Tuesday.
BUSINESS / Economy
Jun 3, 2025
Trade war cuts global economic growth outlook: OECD
After 3.3% growth last year, the world economy is now expected to expand by a "modest" 2.9% in 2025 and 2026, the OECD said.
Business and household sentiments "have deteriorated recently," Bank of Japan Gov. Kazuo Ueda said Tuesday at an event in Tokyo.
BUSINESS / Economy
Jun 3, 2025
U.S. tariff uncertainty very high and sentiment 'deteriorated,' says BOJ's Ueda
The Bank of Japan will continue to raise interest rates if the Japanese economy and prices move in line with the central bank's outlook, BOJ Gov. Kazuo Ueda added.
TSMC’s plan to build a second factory in Kumamoto Prefecture is key to Japan’s ambitions to regain leadership in semiconductors.
BUSINESS / Companies
Jun 3, 2025
TSMC blames Japan delay on traffic after ‘warm’ talks with Trump
The sudden influx of workers from TSMC’s first plant is already bogging down rural infrastructure in Japan.
Willie Walsh, director general of the International Air Transport Association, speaks at the press briefing in New Delhi on Monday.
BUSINESS / Companies
Jun 3, 2025
Trade barriers and plane delivery delays challenge global airline growth
More people are flying than ever before after a post-pandemic passenger market recovery, but airline growth is being hampered.
U.S. President Donald Trump holds a chart listing tariffs described as reciprocal during an event in the Rose Garden entitled "Make America Wealthy Again" at the White House in Washington on April 2.
BUSINESS / Economy
Jun 3, 2025
For volatile Trump, trade pacts with China and Europe prove elusive
So far, there has been few signs of a breakthrough with either of America's two biggest trading partners.
Daiwa Securities CEO Akihiko Ogino says mergers and acquisition deals are harder to come by this year due to uncertainties over U.S. President Donald Trump's trade policy.
BUSINESS / Companies
Jun 3, 2025
Daiwa pauses M&A hiring as tariff uncertainty chokes deal pipeline
The assessment from Japan’s second-largest brokerage indicates how changes in global trade policy are rippling through spending activity.
Trump hopes increased levies on aluminum and steel will protect margins for domestic mills and spur investment in new production capacity.
BUSINESS / Markets
Jun 3, 2025
U.S. aluminum and steel prices surge as Trump doubles tariffs
U.S. buyers could end up paying about 50% more than international competitors to get hold of aluminum.
Cranes at the Port of Los Angeles on May 13. U.S. President Donald Trump's "Liberation Day" tariffs will kick in on July 8 after 90-day pause.
WORLD / Politics
Jun 3, 2025
U.S. pushes countries for best offers as tariff deadline looms
It will evaluate the responses, to be submitted by Wednesday, within days and offer "a possible landing zone."
A mining machine at the Bayan Obo mine containing rare earth minerals in Inner Mongolia, China, in 2011
WORLD / Politics
Jun 3, 2025
China’s rare earths grip gives Xi leverage in U.S. trade duel
For years, Washington was believed to have the advantage over China in the fight for technological dominance thanks to its grip on semiconductor supply chains.
U.S. President Donald Trump shakes hands with Prime Minister Shigeru Ishiba at the White House in Washington in February.
JAPAN / Politics
Jun 2, 2025
Ishiba eyes trade meeting around Trump's birthday before G7 meet, report says
Some government officials have said a deal announced on June 14 — the U.S. president's birthday — might have special symbolic significance for him.
U.S. President Donald Trump smiles before speaking in the Tomb of the Unknown Soldier at Arlington National Cemetery in Arlington, Virginia, on Thursday.
BUSINESS / Economy / FOCUS
Jun 1, 2025
Trump tariffs face threat at top court — over rulings that blocked Biden
The court’s conservative majority ruled that federal agencies can’t decide sweeping political and economic matters without clear congressional authorization.
Ryosei Akazawa, Japan's economic revitalization minster, speaks to members of the media at the Japanese Embassy in Washington on Friday.
BUSINESS / Economy
May 31, 2025
Japan says progress made in U.S. tariff talks, but details are scarce
The two sides are eyeing the Group of Seven leaders’ summit in June as a possible setting to announce a trade deal.
The Bayan Obo mine containing rare earth minerals, in Inner Mongolia, China.
BUSINESS / Companies
May 31, 2025
Carmakers warn China's rare-earth curbs could halt production
Auto executives are sounding the alarm on an impending shortage of rare-earth magnets from China that could force the closure of factories within weeks.
U.S. President Donald Trump at the U.S. Steel Corporation Irvin Works facility in West Mifflin, Pennsylvania, on Friday
BUSINESS / Companies
May 31, 2025
Trump to hike steel tariffs to 50% to aid Nippon-U.S. Steel
The U.S. president said the move would help protect American steelworkers during a visit to a United States Steel plant on Friday.
Ryosei Akazawa, Japan's chief tariff negotiator, is in Washington again for a fourth round of high-level negotiations with the United States.
BUSINESS / Economy
May 30, 2025
Tariff talks with U.S. a mix of slow progress, ever-present uncertainty 
Japan's chief negotiator is back in Washington for another round of high-level negotiations.
Nippon Yusen, Japan's biggest shipper, believes there will probably not be another decline in bookings impacted by U.S. tariffs this year.
BUSINESS / Companies
May 30, 2025
Top Japan shipper sees orders recovering as trade tensions ease
Nippon Yusen saw a robust recovery in container shipping orders following an easing in tensions between the United States and some of its trading partners this month.
Shipping containers at the port of Oakland, in California. White House trade adviser Peter Navarro said the U.S. will find other ways to impose tariffs if the current plan doesn't work.
WORLD / Crime & Legal
May 30, 2025
If trade court ruling stands, Trump seen shifting to other options for tariff assault
Legal and trade experts' advice to foreign governments, companies and other clients: Assume the tariffs will resume in one form or another.
The Harry Elkins Widener Memorial Library at Harvard University in Cambridge, Massachusetts
ASIA PACIFIC / Politics
May 30, 2025
Trump aims at Chinese students and tech in threat to truce with Xi
Just weeks after U.S. President Donald Trump declared a "total reset” with China following a trade truce in Geneva, tensions are rising again between the world’s biggest economies.
Shipping containers from China at the Port of Los Angeles, in San Pedro, California.
BUSINESS / Economy / ANALYSIS
May 30, 2025
Trump's tariff tally: $34 billion and counting, global companies say
Many companies said the erratic nature of U.S. President Donald Trump's trade policies has made it impossible to accurately estimate costs.

Longform

After the asset-price bubble crash of the early 1990s, employment at a Japanese company was no longer necessarily for life. As a result, a new generation is less willing to endure a toxic work culture —life’s too short, after all.
How Japan's youth are slowly changing the country's work ethic