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October 15, 2025
 

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TARIFFS

Ryosei Akazawa, Japan's chief tariff negotiator, said the U.S. made a clerical error in not including a “reciprocal” tariff rate ceiling for Japan in the trade deal.
BUSINESS / Economy
Aug 8, 2025
U.S. backtracks on Japan tariff calculation, taking effective rate lower
Japan's chief tariff negotiator said that a clerical error had been made in the U.S.
Indian Prime Minister Narendra Modi and Brazilian President Luiz Inacio Lula da Silva at Alvorada Palace in Brasilia on July 8
ASIA PACIFIC / Politics
Aug 8, 2025
Modi speaks with Lula and plans Xi meeting as ties with U.S. sour
Lula’s government noted that "Brazil and India are, to date, the two countries most affected” by the wave of levies the U.S. has unleashed.
It may look like U.S. President Donald Trump is winning his trade war, but analysts say significant hurdles remain.
BUSINESS / Economy / ANALYSIS
Aug 8, 2025
Trump may look like he's winning the trade war, but hurdles remain
Some recent data indicate the tariffs are already affecting jobs, growth and inflation in the U.S.
Toyota Motor vehicles displayed for sale at one of the company's dealerships in Tokyo. The carmaker reported operating income of ¥1.17 trillion in the first quarter, down 11% from a year earlier.
BUSINESS / Companies
Aug 7, 2025
Toyota braces for ¥1.4 trillion dent in operating income under U.S. tariffs
The carmaker reported operating income of ¥1.17 trillion in the first quarter, down 11% from a year earlier, with a tariff impact of ¥450 billion.
Sony’s music unit has grown to be a reliable pillar of the group, bringing in a steady flow of revenue as opposed to the company’s more prominent consumer electronics, PlayStation and image sensors.
BUSINESS / Companies
Aug 7, 2025
Sony lifts outlook on entertainment demand despite tariff threat
The company now expects its operating profit for the year ending March to reach a total of ¥1.33 trillion, compared with a previous forecast of ¥1.28 trillion.
U.S. President Donald Trump speaks at the White House on Wednesday.
BUSINESS / Economy
Aug 7, 2025
The United States imposes 15% 'reciprocal' tariff on most Japanese goods
Japan and the U.S. still disagree on how the rate will be calculated.
The SK Hynix logo at the 26th Semiconductor Exhibition (SEDEX 2024) in Seoul in October 2024.
BUSINESS / Tech
Aug 7, 2025
Samsung and SK Hynix not subject to 100% U.S. chip tariffs, South Korean envoy says
Trade envoy Yeo Han-koo said that South Korea will face the most favorable U.S. tariff rates on chips under the trade deal between Washington and Seoul.
Brazilian President Luiz Inacio Lula da Silva speaks during an interview at the Alvorada Palace in Brasilia on Wednesday.
WORLD / Politics
Aug 7, 2025
Lula sees no point in talking tariffs with Trump
"I won't humiliate myself," the Brazilian president says as 50% U.S. tariffs on goods from the Latin American country kicked in.
U.S. President Donald Trump looks on as he and Apple CEO Tim Cook (not pictured) present the tech company's announcement of a $100 billion investment in U.S. manufacturing, in the Oval Office at the White House in Washington on Wednesday.
BUSINESS / Tech
Aug 7, 2025
Trump eyes 100% chips tariff, but zero percent for U.S. investors like Apple
The U.S. president has said he could unveil separate levies on all products containing semiconductor chips as soon as next week.
A port in the western state of Gujarat, India
WORLD / Politics / ANALYSIS
Aug 7, 2025
India-U.S. spat over trade and oil threatens wider fallout
The tension could derail other areas of cooperation as domestic political pressures drive both sides to harden their stances, analysts say.
Honda said its net profit halved in the first quarter because of U.S. tariffs, but upgraded its annual profit forecast after Tokyo finally hammered out a trade deal with Washington.
BUSINESS / Companies
Aug 6, 2025
Honda raises annual profit guidance despite U.S. tariff impact
The upward revision to operating profit was because of the tariff level and foreign exchange outlook, according to Honda.
LDP lawmaker Ken Saito
BUSINESS / Economy
Aug 6, 2025
Japan ruling party heavyweight warns against BOJ rate hike
The remark highlights the political pressure the BOJ could face in resuming rate hikes as higher U.S. levies hurt corporate profits.
National flags line a street to mark Swiss national day in Geneva, Switzerland, on Friday, when U.S. President Donald Trump announced he will impose a 39% tariff on imports from Switzerland, one of the steepest levies globally that threatens to leave the country’s key exports reeling.
BUSINESS / Economy
Aug 6, 2025
Switzerland’s go-it-alone approach tested by Trump tariff shock
For the pro-EU voices in Switzerland, the chaotic back and forth with the U.S. on trade will give them fresh reason to push the benefits of ties with the bloc.
U.S. President Donald Trump at the White House on Tuesday. He told CNBC that investment pledges are like signing bonuses.
BUSINESS / Economy
Aug 6, 2025
Trump: The $550 billion pledged by Japan is 'our money'
The U.S. president told CNBC that he is free to invest the funds however he wishes.
Mazda Motor posted a consolidated net loss of ¥42.1 billion ($286 million) for the three months to June, its first loss in the fiscal first quarter since 2020.
BUSINESS / Companies
Aug 6, 2025
Mazda swings to net loss in April-June
The automaker posted a consolidated net loss of ¥42.1 billion for the period as a result of steep U.S. tariffs and a stronger yen.
A cargo ship at the port of Oakland, California, on Aug. 4
BUSINESS / Economy
Aug 6, 2025
U.S. trade deficit narrowed 16% in June as high tariffs cast shadow on services
Days after reporting that the goods trade deficit fell to its lowest since September 2023, the U.S. said the full deficit including services was also its narrowest since then.
U.S. President Donald Trump said Monday he’ll increase the tariff rate for India "substantially” because of New Delhi’s refusal to halt the buying of Russian oil.
WORLD / Politics
Aug 6, 2025
Trump’s staffing gaps complicate India’s bid to ease U.S. tensions
It’s become urgent for New Delhi to make its case to Washington after being unexpectedly slapped with a 25% tariff and facing further threats over its ties with Russia.
U.S. President Donald Trump’s aggressive economic policies during his second term — including sweeping tariffs — risk triggering long-term damage to U.S. competitiveness and trust in the dollar.
COMMENTARY / World
Aug 6, 2025
The true costs of Trump’s economic agenda
President Donald Trump’s efforts to bring back manufacturing jobs have yielded little progress so far and are jeopardizing U.S. competitiveness.
U.S. Secretary of the Treasury Scott Bessent and Economic Revitalization Minister Ryosei Akazawa. Akazawa, Japan's chief tariff negotiator, is returning to the United States for another round of trade talks.
BUSINESS / Economy
Aug 5, 2025
Akazawa returns to U.S. for more talks as tariff deal looks shaky
Japan is urging the United States to cut the tariff on cars as soon as possible.
On Monday, Prime Minister Shigeru Ishiba offered his views of U.S. President Donald Trump and the American leader’s negotiating tactics — colorful comments that were unusual for their candor but not widely reported in Japan.
JAPAN / Politics
Aug 5, 2025
'Not a normal person’: Ishiba shoots from the hip when it comes to Trump
It is extremely unusual for a sitting prime minister to publicly speak about the leader of the U.S. in a manner that could be construed as criticism.
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.

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