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October 15, 2025
 

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TARIFFS

Indian Prime Minister Narendra Modi (left) and Brazilian President Luiz Inacio Lula da Silva (right) at the Alvorada Palace in Brasilia on July 8
BUSINESS / Markets
Oct 15, 2025
Trump’s trade hostilities unite Lula and Modi in search for new markets
Government officials and business executives from Brazil and India converge this week in New Delhi to forge new ties and triple the countries’ $12 billion trade partnership.
People flee, cough, and cover their faces as the neighborhood fills with tear gas deployed by federal agents on the southeast side of Chicago on Tuesday.
WORLD / Politics
Oct 15, 2025
Military tactics by U.S. Border Patrol agents in Chicago fuel backlash
Agents trained to spot illegal border crossings, who normally police the frontier, are being sent into densely populated neighborhoods deep inside the country.
Gantry cranes stand near shipping containers as an Evergreen Marine Corp. container ship is docked at Yangshan Port outside of Shanghai on June 17. China has started to collect special port fees on U.S.-owned, operated, built or flagged vessels.
BUSINESS / Economy
Oct 15, 2025
U.S. and China roll out tit-for-tat port fees, threatening more turmoil at sea
Shippers are quietly trying to improvise workarounds, with varying degrees of success.
A barrel of annealed neodymium iron boron magnets prior to being crushed into powder in Tianjin, China, on June 11, 2010.
BUSINESS / Markets
Oct 15, 2025
China flexes superpower status using rare earths in global supply chain grab
The true impact is yet unknown but the move already has companies and policymakers considering countermeasures and alternative suppliers.
U.S. President Donald Trump holds up a signed executive order on tariffs at the White House on April 2. Trump's protectionism is rippling through labor markets and dampening consumer demand around the world.
COMMENTARY / World
Oct 14, 2025
Is the global economy as resilient as it seems?
U.S. economic expansion is losing steam as the Trump's erratic economic policies, harsh immigration tactics and cuts in social expenditures take a toll on growth and employment.
A worker at one of the Blast Furnaces at British Steel's steelworks site on April 15
WORLD / Politics
Oct 14, 2025
Brexit, decay and politics collide on U.K.’s industrial east coast
The common thread is fading industrial competitiveness because of things like high energy costs compared to rivals like China, that politicians have struggled to address.
AstraZeneca CEO Pascal Soriot with U.S. President Donald Trump during an announcement about lowering U.S. drug prices, at the White House in Washington on Friday.
BUSINESS / Companies
Oct 14, 2025
U.S. investments, and rhetoric, help AstraZeneca seal drug deal with Trump
Deal to lower drug costs for Americans and shield the drugmaker from import tariffs was the culmination of efforts stretching back to November last year, sources say.
A container ship at the Port of Los Angeles. U.S. Treasury Secretary Scott Bessent has accused China of pointing a bazooka at the supply chains and the industrial base of the entire free world with its rare earth curbs.
BUSINESS / Economy
Oct 14, 2025
Trump and Xi spark another standoff with world economy at risk
The question now is which side blinks first.
Bridgestone CEO Shuichi Ishibashi says truck tire demand for new vehicles in the U.S. has fallen sharply since early August.
BUSINESS / Companies
Oct 14, 2025
Bridgestone CEO sees U.S. slowdown, cyberattack and tariffs hurting business
The challenges in North America are testing Bridgestone's ability to defend margins and sustain growth, a familiar refrain for Japan’s export-driven manufacturers.
A cargo ship full of shipping containers is seen at the port of Oakland, California, in August. U.S. President Donald Trump predicted that foreign countries would pay the price of his protectionist policies, wagering that exporters would absorb the cost to keep a foothold in the U.S. market.
BUSINESS / Economy
Oct 13, 2025
U.S. firms and consumers paying most for Trump's tariffs, data suggests
Trump predicted that foreign countries would pay the price of his protectionist policies, wagering that exporters would absorb the cost to keep a foothold in the U.S. market.
The latest showdown underscores the difficulty for Chinese President Xi Jinping and U.S. President Donald Trump to strike a trade deal.
BUSINESS
Oct 13, 2025
Xi’s red line on Trump’s export curbs threatens to upend truce
The renewed brinkmanship between China and the U.S. revives fears of a deeper rupture in global trade that could push the two economies toward partial decoupling.
New export restrictions include large-scale lithium-ion batteries used for energy storage as well as cathode and anode materials and battery manufacturing machinery, all technologies where China has a robust global lead.
BUSINESS / Tech
Oct 13, 2025
China’s new weapon in U.S. trade talks: Batteries
New rules require battery companies to receive licenses from the Chinese Ministry of Commerce before exporting their goods, allowing Beijing to selectively weaponize exports.
U.S. President Donald Trump gives a thumbs up while boarding Air Force One, as he departs for Israel, at Joint Base Andrews in Maryland on Sunday.
BUSINESS / Economy
Oct 13, 2025
Trump and Vance open door to China deal as trade spat drags on
Remarks by the two suggest that the U.S. wants to keep up the pressure on China to reverse its most recent trade moves, while trying to reassure spooked markets.
Pudong's Lujiazui Financial District on Oct. 2. While Chinese markets will get their first chance to respond on Monday, any following of the U.S. selloff may be tempered by weekend signals from the White House that it’s open to a deal.
BUSINESS / Markets
Oct 13, 2025
China markets under threat from risk of renewed U.S. trade war
After Beijing unveiled curbs on the export of rare earths earlier in the week, U.S. President Donald Trump said he would put an additional 100% tariff on China from Nov. 1.
U.S. gross domestic product grew in the second quarter at the fastest pace in nearly two years.
BUSINESS / Economy
Oct 13, 2025
World economy faces triple risk of tariffs, AI bubble and soaring debt
Such concerns will dominate the annual meetings of the IMF and World Bank in Washington this week.
U.S. President Donald Trump addresses hundreds of American generals and admirals summoned to the Marine Corps base in Quantico, Virginia, on Sept. 30.
BUSINESS / Economy / ANALYSIS
Oct 12, 2025
Trump’s dealmaking diplomacy grows fragile as China fires back
The sudden, and unexpected, back-and-forth between the world’s two largest economies came just weeks ahead of a consequential meeting between the U.S. and Chinese leaders.
A container ship sails at the port in Qingdao, China, on Thursday.
BUSINESS / Economy
Oct 12, 2025
China blames U.S. for raising trade tensions and defends rare earth curbs
Beijing's decision not to immediately respond to Trump's opening salvo could leave the door open for both countries to negotiate a deescalation.
A worker waters the site of a rare earth metals mine in Nancheng county, in China's Jiangxi province, in January 2011.
BUSINESS / Economy / FOCUS
Oct 11, 2025
The world’s chip supply chain is bracing for fallout from China’s rare-earth curbs
The restrictions represent the first major attempt by Beijing to exercise long-arm jurisdiction over foreign companies to target the semiconductor industry.
U.S. President Donald Trump gestures as he walks to Marine One on the South Lawn of the White House in Washington on Friday.
BUSINESS / Economy
Oct 11, 2025
Trump ratchets up U.S.-China trade war with new levies and export controls
The actions signaled the biggest rupture in relations in four months between Beijing and Washington — the world's biggest factory and its biggest consumer.
A Ford F-150 pickup truck on the assembly line at a factory in Dearborn, Michigan. The Japanese government might be considering the purchase of some of the pickup trucks to meet its obligations as part of a trade deal with the United States.
BUSINESS / Economy
Oct 10, 2025
Ford F-150 might be imported by the Japanese government: report
The pickup trucks would be used by local transport ministry offices for construction and road patrols.
Hypothermia in the land of the rising Sanae
Amid the election of Sanae Takaichi as Liberal Democratic Party president, and possibly the next prime minister, Japan's economy shows signs of recovery, but weak wages, a conservative corporate culture and currency issues raise doubts about a true economic thaw.
Number of scenarios now on the table for who might be Japan’s next prime minister
Newly-elected leader of Japan's Liberal Democratic Party Sanae Takaichi (right) celebrates with Prime Minister Shigeru Ishiba after winning the LDP leadership election in Tokyo on October 4.
After plenty of ups and downs, Osaka Expo concludes with message of unity
The sun sets on the Grand Ring on the final day of the Osaka Expo on Monday.
A frenetic diplomatic schedule looms for Japan’s next leader — whomever that may be
As horse-trading and speculation surge over who will be elected the next prime minister in parliament — the ruling Liberal Democratic Party's Sanae Takaichi or a possible candidate put forward by a unified opposition — Japan’s next leader will be confronted with a quick succession of key diplomatic events.
ANA flight returns to Haneda Airport after hitting runway lights
An All Nippon Airways flight returned to Tokyo's Haneda Airport on Monday evening, about an hour after takeoff, after it was found to have struck runway lights.
Number of scenarios now on the table for who might be Japan’s next prime minister
Newly-elected leader of Japan's Liberal Democratic Party Sanae Takaichi (right) celebrates with Prime Minister Shigeru Ishiba after winning the LDP leadership election in Tokyo on October 4.
Pace eyes great strides for Japan’s art market
Pace Japan Vice President Kyoko Hattori, the de facto head of the nation’s business, believes a larger, more lucrative art market will allow Japan to be more attractive for collectors.
A frenetic diplomatic schedule looms for Japan’s next leader — whomever that may be
As horse-trading and speculation surge over who will be elected the next prime minister in parliament — the ruling Liberal Democratic Party's Sanae Takaichi or a possible candidate put forward by a unified opposition — Japan’s next leader will be confronted with a quick succession of key diplomatic events.
Ghost of Yotei’s bloodstained fun sidesteps Ainu identity
Ghost of Yotei, the follow-up to 2020's smash hit Ghost of Tsushima, is a violent, vengeful and engaging romp through 17th-century Hokkaido that fails to stick the landing on its most sensitive cultural material.
At Osaka Expo, gas giants promote a greener future. But is it a lot of hot air?
The Gas Pavilion had welcomed around 500,000 visitors by the end of August, making it one of the most popular exhibits at the Osaka Expo.

Podcast

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

Longform

Rock group The Yellow Monkey played K-Arena Yokohama in June as part of a nationwide tour. Concerts are increasingly popular in the age of social media as users value in-person experiences.
Inside Japan’s arena boom: Sports, sound and city-building
By Patrick St. Michel

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