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April 26, 2025
 

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TARIFFS

Prime Minister Shigeru Ishiba speaks about U.S. tariffs in Tokyo last week.
BUSINESS / Economy
Apr 25, 2025
Japan doubles down on stimulus to counter effects of Trump tariffs
The government will implement measures that build on ones announced earlier with the aim of boosting domestic spending and shoring up corporate balance sheets.
Amid U.S.-China trade tensions, the U.S. may be looking at Japan as a potential country to make up for a drop in corn exports to China.
BUSINESS / Economy
Apr 25, 2025
Japan looks to increase U.S. corn imports ahead of more tariff talks
The idea appears to be aimed at appeasing U.S. President Donald Trump's criticisms about Japan's tariffs and could be used as leverage in next week's bilateral negotiations.
Economic Revitalization Minister Ryosei Akazawa is leading Japan's negotiations to forge a trade deal with the U.S. Carefully contemplated and measured retaliatory levies are one of the tools at the tariff czar's disposal.
COMMENTARY / Japan / Geoeconomic Briefing
Apr 25, 2025
Japan needs clarity as an antidote to contradictory tariffs
With incompatible goals and an erratic timeline, Trump's tariff strategy has more holes than Swiss cheese. In response, Japan should bring a strong, coherent strategy to the table.
Consumer prices excluding fresh food in Tokyo gained 3.4% in April from a year earlier, as a mixture of impacts from last year’s school fee cuts and higher food and energy costs accelerated inflation, according to the internal affairs ministry.
BUSINESS / Economy
Apr 25, 2025
Tokyo prices rise most in two years, backing central bank's hike path
Consumer prices excluding fresh food gained 3.4% in April from a year earlier. Tokyo's figures are a leading indicator for national price gains.
Finance Minister Katsunobu Kato met with U.S. Treasury Secretary Scott Bessent in Washington on Thursday.
BUSINESS / Economy
Apr 25, 2025
No discussion of yen target, Kato says after Bessent meeting
The two countries possibly committing to a specific number in terms of the yen-dollar exchange rate has helped drive up the value of the Japanese currency.
Without a coordinated international response to U.S. President Donald Trump's tariffs, growing uncertainty could lead to a fragmented global economy marked by slower growth and chronic instability.
COMMENTARY / World
Apr 25, 2025
Trump’s tariff chaos could reverse 80 years of economic progress
U.S. President Donald Trump’s trade policies are undermining the rules-based system established after World War II.
Shipping containers at a port in Pyeongtaek, South Korea, on April 15
ASIA PACIFIC / Politics
Apr 25, 2025
South Korea and U.S. aim for package of deals before tariff pause ends in July
The U.S. and South Korea had a "very successful" meeting on Thursday, U.S. Treasury Secretary Scott Bessent said afterwards.
U.S. President Donald Trump speaks at the White House in Washington on Thursday.
BUSINESS / Economy
Apr 25, 2025
Trump’s trade whiplash sinks world into dreaded ‘uncertainty’
"The worry I hear more often is actually not even tariffs, it is uncertainty,” IMF Managing Director Kristalina Georgieva told reporters Thursday. "Let’s have clarity.”
Toyota Motor’s sales rose 8% from a year earlier to 231,336 units, while Honda Motor recorded a 13% jump, according to data released Thursday.
BUSINESS / Companies
Apr 24, 2025
Japanese carmakers’ U.S. sales surge ahead of Trump tariffs
Toyota Motor’s sales rose 8% from a year earlier to 231,336 units, while Honda Motor recorded a 13% jump, according to data released Thursday.
Finance Minister Katsunobu Kato is is expected to meet with Treasury Secretary Scott Bessent in Washington.
BUSINESS / Economy
Apr 24, 2025
U.S. indicates no hard target for yen ahead of key trade talks
The United States has argued that the yen is too weak, making its value against the dollar a top agenda item in trade discussions.
An Apple store in Tokyo's Shibuya Ward in September. Prices for the newest iPhone models start at around ¥100,000 ($700) in Japan.
BUSINESS / Companies
Apr 24, 2025
Amid uncertain tariffs, is now the time to buy a new iPhone?
The tariffs add another layer of uncertainty for consumers already hesitating due to the yen's weakness and inflation.
New vehicles for sale at a Toyota dealership in El Centro, California. Toyota is planning to spend $88 million at an engine factory in West Virginia to widen its manufacturing footprint in the United States.
BUSINESS
Apr 24, 2025
Toyota to invest ¥12.5 billion in West Virginia plant amid Trump tariff push
The spending will secure the continued employment of some 2,000 workers at the factory, but a spokesman said it won’t result in any new jobs.
"The main message we have on monetary policy is that in times of heightened uncertainty, flexibility and data dependence become paramount,” said Nada Choueiri, the International Monetary Fund’s Japan mission chief, on Wednesday.
BUSINESS / Economy
Apr 24, 2025
IMF urges BOJ flexibility on rates as tariffs dent outlook
Along with downgraded global growth projections, the IMF's forecast for Japan’s expansion in 2025 was trimmed by 0.5 percentage points to 0.6%.
A worker labors on a spinning machine at a factory in Solo, Central Java, Indonesia in September 2019. For Indonesia, China’s trade power means lost jobs and hard choices.
COMMENTARY / World
Apr 24, 2025
Asia would welcome trade deals that exclude China
The real cost to developing countries of China’s trade practices runs deeper: lost jobs can be counted, but missed opportunities can’t.
U.S. President Donald Trump has said he is seeking a "fair deal with China."
BUSINESS / Economy
Apr 24, 2025
Trump seeks 'fair deal' with China but pathway unclear
Trump told reporters his country would have a "fair deal with China," adding that "everything's active" when asked if Washington was talking to Beijing.
Economic Revitalization Minister Ryosei Akazawa last week at Haneda Airport. The chief tariff negotiator believes the gap between the United States and Japan on trade issues remains wide.
BUSINESS / Economy
Apr 23, 2025
Mood shifts to measured optimism in U.S.-Japan trade dispute
Japan has so far engaged in a charm offensive aimed at staying onside while politely poking holes in the president's arguments and expectations.
A restaurant owner pours California-grown Calrose rice into a rice cooker at his restaurant in Tokyo
BUSINESS / Economy
Apr 23, 2025
Japan weighs using U.S. rice imports as tariff negotiation tool with Trump
The government hopes an import quota will give them more cards to play in tariff negotiations with the U.S.
Japan’s chief tariff negotiator, Ryosei Akazawa, poses with a "Make America Great Again" cap at the White House in Washington on April 16.
JAPAN / Politics / ANALYSIS
Apr 23, 2025
Japan wants to 'separate' tariff and security issues. That may be tough.
Disentangling the two will prove a challenge as U.S. President Donald Trump continues to voice long-held complaints about the alliance’s fairness.
Japan has walked a delicate path — taking steps to hedge its dependence on China while distancing itself from the politics of Washington.
BUSINESS / Economy
Apr 23, 2025
Trump’s trade war with China puts Japan in a tight spot
Japan had long maintained deep economic ties with both China and the United States. Recent trade tensions may challenge that approach.
Amid trade war uncertainty, central bankers, including Bank of Japan Gov. Kazuo Ueda, are leaning toward cautious policies, with some signaling potential rate cuts while awaiting the fallout from U.S. tariffs.
COMMENTARY / World
Apr 22, 2025
Rate cuts anyone? Anyone? Ferris Bueller’s tariff lesson
The collective sense of "we don't know” will give way to either hiking or easing. In Asia, the bias appears to favor the latter.
Japan unveils new overtourism countermeasures
The majority of tourists in Japan tend to stay in Tokyo, Osaka or Kyoto, resulting in overcrowding in popular tourist spots and a strain on transportation systems.
South Korea couple beat same-sex barriers to parenthood
South Korean lesbian couple Kim Kyu-jin (left) and her wife, Kim Sae-yeon, pose with a "pregnant woman" badge during an interview in Seoul last month.
Toyoko Kids: The lonely street children of Tokyo
Many young people who feel neglected at home flock to the Toyoko area to find a community where they can fit in.
Opportunities await the bold in the Year of the Wood Dragon
2024 marks the Year of the Dragon in the Chinese zodiac, with the year predicted to be a good time for fresh starts.
Don’t worry about global population collapse
Most projections show the world will hit peak humanity in the 21st century as people choose to have smaller families and women gain power over their own reproduction.
Amid uncertain tariffs, is now the time to buy a new iPhone?
An Apple store in Tokyo's Shibuya Ward in September. Prices for the newest iPhone models start at around ¥100,000 ($700) in Japan.
Built in a flash, Osaka Expo pavilions wrestle with sustainability
Kengo Kuma & Associates oversaw the construction of the Malaysia pavilion, which is encased in interwoven rows of bamboo that appear to ripple.
Japan weighs using U.S. rice imports as tariff negotiation tool with Trump
A restaurant owner pours California-grown Calrose rice into a rice cooker at his restaurant in Tokyo
Is Japan’s parliament ready to welcome more youth to its ranks?
Lower House lawmaker Kai Odake in his Tokyo office on Wednesday
Crow meat, goat tartare: Mauvaise Herbe raises its game
Crow meat, shaped into a ball and attached to a foot of the bird, is one of the peculiar offerings of game at Mauvaise Herbe.

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SUSTAINABLE JAPAN

Tsukuba massif granite, one of the world’s few heritage stones
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