Tag - tariffs

 
 

TARIFFS

Ryosei Akazawa
BUSINESS / Economy
Aug 30, 2025
Top Japan trade negotiator canceled U.S. trip over rice, report says
Officials are unhappy that a U.S. presidential order would include plans for Japan to increase purchases of American rice and a reduction of tariffs on agricultural products.
Chinese leader Xi Jinping and Indian Prime Minister Narendra Modi arrive for a signing ceremony during the Shanghai Cooperation Organization summit in Qingdao, China, in June 2018.
ASIA PACIFIC / Politics
Aug 30, 2025
China's Xi prepares meeting of SCO security bloc to rival U.S.-led world order
The Chinese leader is likely to focus on what’s ahead for the Shanghai Cooperation Organization at a time when Donald Trump upends U.S. alliances with the likes of India.
Workers hang a large poster of U.S. President Donald Trump on the facade of the Department of Labor headquarters building in Washington on Wednesday.
BUSINESS / Economy
Aug 30, 2025
Most Trump tariffs are not legal, U.S. appeals court rules
The court allowed the tariffs to remain in place through Oct. 14 to give the Trump administration a chance to file an appeal with the U.S. Supreme Court.
Indian Prime Minister Narendra Modi and Prime Minister Shigeru Ishiba during a joint news conference in Tokyo on Friday.
JAPAN
Aug 29, 2025
At Tokyo summit, India and Japan outline path forward for the coming decade
The leaders of the two countries outlined multiple areas of cooperation, including tech, the environment and health.
Japan's chief tariffs negotiator, Ryosei Akazawa, expects to visit the U.S. at least once more before the administration of U.S. President Donald Trump issues an executive order to formally lower tariffs on Japanese imports.
BUSINESS / Economy
Aug 29, 2025
Akazawa expects to make another trip to U.S. ahead of executive order
Various consultations need to be completed before the agreement can be implemented, Japan's chief tariff negotiator says.
A cargo ship full of containers is seen at the Port of Oakland, California.
BUSINESS
Aug 29, 2025
U.S. low-value package tariff exemption ends, raising costs for shippers and consumers
The move broadens the Trump administration's cancellation of the de minimis exemption for packages from China and Hong Kong in May.
Despite political uncertainty in Japan, investors in the stock market are banking on an economy that is finally gaining momentum after years of stagnation.
BUSINESS / Markets
Aug 29, 2025
Japanese stocks tipped to extend record rally after trade deal
The Nikkei Stock Average is projected to rise an average of 10% over the next 12 months from its most recent record high of 43,714.31.
The factory of Asahi Tekko, which produces parts for Toyota vehicles, in Hekinan, Japan, on Aug. 18
BUSINESS / Markets
Aug 28, 2025
The backbone of the global auto supply chain is at risk from Trump’s tariffs
Industry experts expect a devastating effect on the dense networks of auto parts suppliers that make everything from pistons to wiring.
Ryosei Akazawa, Japan's chief tariff negotiator, had been set to fly to Washington on Thursday.
BUSINESS / Economy
Aug 28, 2025
Akazawa's trip to Washington for tariff talks abruptly canceled
Japan's chief tariff negotiator had been set to leave on Thursday for a 10th round of talks.
The industry ministry aims to reduce tax burdens on Japanese companies making investments in facilities and equipment by expanding tax deductions and allowing lump-sum depreciation.
BUSINESS
Aug 28, 2025
Industry ministry to spur capital expenditure through tax measures
The ministry aims to reduce tax burdens on Japanese companies making investments in facilities and equipment by expanding tax deductions and allowing lump-sum depreciation.
A factory worker makes soybean-based food products in Hefei, Anhui province, China, in 2020. If China doesn’t take U.S. beans, it can just buy from Brazil or Argentina, said a manager at a major Chinese crusher.
BUSINESS / Markets
Aug 27, 2025
China’s soy crushers may be facing a winter without U.S. beans
American farmers say the tariff stalemate between Washington and Beijing leaves them headed toward a financial precipice, but data suggests Chinese buyers are standing pat.
Indian Prime Minister Narendra Modi at the presidential palace in New Delhi on Aug. 5
BUSINESS / Economy
Aug 27, 2025
U.S. slams India with 50% tariffs, among highest in the world
The move upends a decadeslong push by Washington to forge closer ties with New Delhi and court India as a counterweight to China.
A man reads The Times of India newspaper in Delhi on Wednesday. Donald Trump’s tariffs on India expose New Delhi’s overreliance on U.S. exports but also create an opening for India to pivot toward Asia.
COMMENTARY / World
Aug 27, 2025
Trump’s tariffs should spur Indo-Japan convergence
Historically, India has never been a treaty ally of the U.S., but it has maintained a strong relationship with America.
Chief negotiator Ryosei Akazawa will be pushing for U.S. auto tariffs to be lowered soon.
BUSINESS / Economy
Aug 27, 2025
Akazawa heading to Washington for 10th round of tariff talks
The U.S. promises clarity on Japan's $550 billion pledge by the end of the week.
A craftsman checks the grading of a polished diamond in the grading department of a diamond processing unit in Surat, India, on Aug. 15.
BUSINESS / Markets
Aug 27, 2025
In India's diamond hub, looming U.S. tariffs cut into growing trade ambitions
Trump's levies threaten to sever India's access to its largest diamond market, which accounts for nearly a third of its $28.5 billion annual shipments of gems and jewelry.
Containers at a dock at the Port of Cape Town in Cape Town in 2024. China’s exports to Africa so far in 2025 are more than in the whole of 2020 and on track to exceed $200 billion for the first time.
BUSINESS / Markets
Aug 27, 2025
China is pouring exports into Africa faster than anywhere else
China’s exports to Africa so far in 2025 are more than in the whole of 2020 and on track to exceed $200 billion for the first time.
U.S. Commerce Secretary Howard Lutnick suggested that an agreement between the U.S. and Japan will be made public soon.
BUSINESS / Economy
Aug 26, 2025
Agreement on Japan’s $550 billion investment pledge to be released this week
The U.S. commerce secretary continues to insist that the U.S. president will control the funds.
Japan Post's UGX will still be available for many rejected packages.
BUSINESS / Economy
Aug 26, 2025
Japan Post to stop accepting some parcels for shipment to the U.S.
Packages containing commercial items or valued above $100 will be rejected.
A worker operates machinery at a sawmill in Sundsvall, Sweden
BUSINESS / Companies
Aug 26, 2025
Tariff uncertainty leaves European companies with tough decisions
There are difficult conversations with American customers about pricing and hard choices to be made about where to invest in.
U.S. President Donald Trump and South Korean leader Lee Jae Myung attend a bilateral meeting in the Oval Office at the White House in Washington on Monday.
ASIA PACIFIC / Politics
Aug 26, 2025
'Peacemaker’ Trump says he wants to meet North Korea’s Kim this year
The U.S. president said “big progress” was possible, during a summit with South Korean leader Lee Jae Myung in Washington that also focused on defense and trade issues.

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