Tag - tariffs

 
 

TARIFFS

Nissan Motor and Honda Motor are planning for Nissan to manufacture pickup trucks, which are popular in the United States, and for Honda to sell them under its own brand, sources have said.
BUSINESS / Companies
Jul 12, 2025
Nissan eyes supplying vehicles to Honda in U.S.
The move would be aimed at improving profitability and plant utilization for a turnaround, while helping mitigate the impact of U.S. tariffs.
U.S. Secretary of State Marco Rubio gestures as he boards his flight before departing from Subang Air Base, on the outskirts of Kuala Lumpur, on Friday.
WORLD / Politics
Jul 11, 2025
Rubio says Xi-Trump summit looking likely
The U.S. envoy said he had a "very constructive and positive” sit-down with Wang Yi on Friday, building on recent momentum in bilateral ties.
Pacific Investment Management says Japan has become a key destination for global investors as a trade war prompts a reevaluation of capital flows into the U.S.
BUSINESS / Companies
Jul 11, 2025
Pimco sees Japan wooing capital as tariffs spur diversification
Japan is drawing inflows that seek to benefit from "once-in-a-generation structural reforms” in equities and rising rates in fixed income, said the co-head of Pimco in Japan.
U.S. President Donald Trump’s escalating tariffs, erratic trade threats and linkage of economic and defense issues are undermining trust in America and pushing allies like Japan to rethink their dependence on Washington.
EDITORIALS
Jul 11, 2025
Trump declares war on the international economic order
Trump has a simple understanding of international relations. In his mind, might makes right.
Canada will face a 35% tariff on exports to the United States starting Aug. 1, U.S. President Donald Trump said on July 9 in a letter to Canadian Prime Minister Mark Carney.
BUSINESS / Economy
Jul 11, 2025
Trump puts 35% tariff on Canada and eyes 15% to 20% tariffs for others
U.S. President Donald Trump told Canadian Prime Minister Mark Carney the new rate would go into effect on Aug. 1 and would go up if Canada retaliated.
A cargo ship is seen at Rio de Janeiro's port in Brazil on Thursday. Unlike most countries in the world, Brazil actually has a trade deficit with the U.S.
BUSINESS / Economy / ANALYSIS
Jul 11, 2025
Brazil has few exit routes from Trump tariff but feels less pain
The U.S. takes in some 12% of Brazil's exports, less than half what China buys, and worth only around 1% of gross domestic product.
A recent law passed by the Brazilian Congress grants President Luiz Inacio Lula da Silva powers to retaliate against trade barriers.
WORLD / Politics
Jul 11, 2025
Brazil's Lula pledges retaliation to Trump tariffs but keeps diplomacy open
The "law of reciprocity will be put into practice," the Brazilian president says.
Takeshi Niinami, Suntory Holdings CEO and chairperson of the Japan Association of Corporate Executives
BUSINESS / Economy
Jul 10, 2025
Japan's united front on tariffs begins to crack as doubts raised
A senior business leader has questioned the effectiveness of the government in negotiating with the U.S.
The yen-dollar exchange rate is displayed outside a securities firm in Tokyo on Tuesday.
BUSINESS / Economy
Jul 10, 2025
Japan unlikely to face U.S. pressure to strengthen yen, ex-top FX diplomat says
Masatsugu Asakawa was deeply involved in Japan's trade and currency negotiations with the U.S. when he was vice finance minister for international affairs.
In June, the export price index for vehicles shipped to North America plunged 19.4% from a year earlier on a contract currency basis.
BUSINESS / Companies
Jul 10, 2025
Japanese carmakers slash export prices to U.S. to offset tariff hit
The move raises concerns over companies’ profitability and whether they can continue to keep raising wages at home.
Indian Prime Minister Narendra Modi. Officials in New Delhi say they’re not overly alarmed by U.S. President Donald Trump’s latest tariff threats for now.
BUSINESS
Jul 10, 2025
Trump’s BRICS warning to India adds new twist to trade deal
U.S. President Donald Trump said India could face an additional 10% tariff alongside other members of BRICS, which he has labeled "anti-American.”
A container ship in Cebu City, the Philippines. The Philippines  sent some $14.1 billion of goods to the U.S. last year.
BUSINESS / Markets
Jul 10, 2025
Trump unveils new tariff rates, including 50% levy on Brazil
Trump cited the treatment of Jair Bolsonaro — Brazil's former populist president — calling on authorities to drop charges against him over an alleged coup attempt.
U.S. President Donald Trump speaks as Attorney General Pam Bondi (left) and Secretary of State Marco Rubio (center) look on during a Cabinet meeting at the White House in Washington on Tuesday.
JAPAN / Politics / ANALYSIS
Jul 9, 2025
Trump signals continuing trade-defense link as tariff talks drag on
The U.S. leader has again alleged that Seoul is taking advantage of Washington on defense spending and burden-sharing — a worrying sign that may also have implications for Tokyo.
Junko Koeda, one of the latest members of the Bank of Japan's policy board, speaks during an interview at the central bank's headquarters in Tokyo on Monday.
BUSINESS / Economy
Jul 9, 2025
New board member hints at possible raising of BOJ's price outlook
Junko Koeda, a former Waseda University economics professor, on Monday gave her first media interview since joining the board in March.
U.S. President Donald Trump (center) with Secretary of State Marco Rubio (left) and Defense Secretary Pete Hegseth at the White House on Tuesday
BUSINESS / Markets
Jul 9, 2025
Trump vows no tariff extension and hardens threats on copper and drugs
The U.S. president stresses he would not offer additional extensions on country-specific levies set to now hit in early August.
U.S. Treasury Secretary Scott Bessent speaks to reporters in Washington on June 27.
BUSINESS
Jul 9, 2025
U.S. Treasury Secretary Bessent to visit Japan next week for Expo
The visit comes after Donald Trump stated his intention to raise tariffs on all Japanese imports to 25% — slightly higher than the 24% rate initially announced in April.
U.S. President Donald Trump (left) and Commerce Secretary Howard Lutnick at Morristown Airport, New Jersey, on Sunday. Trump on Monday sent letters to 12 countries notifying them of new "reciprocal" tariff rates effective Aug. 1.
BUSINESS / Economy
Jul 8, 2025
Japan stands its ground after Trump letter delivers 25% U.S. tariff shock
Tokyo holds the line on its negotiating position, especially when it comes to auto exports.
Despite months of negotiations and Japan’s key role as a U.S. ally and investor, Prime Minister Shigeru Ishiba faces frustration as U.S. President Donald Trump’s tariff threats persist — damaging trust and complicating relations.
COMMENTARY / Japan
Jul 8, 2025
Donald Trump’s ‘copy-and-paste’ tariffs will no doubt rile ‘Mr. Japan’
Trump's copy-and-paste wording sent to world leaders was virtually identical, including telling Tokyo to open its "heretofore closed trading markets” — whatever that means.
U.S. Secretary of State Marco Rubio on Capitol Hill in Washington on May 20
ASIA PACIFIC / Politics
Jul 8, 2025
Trump's latest tariffs cast shadow on Rubio's first Asia trip as top U.S. envoy
Rubio is expected to seek to firm up U.S. ties with partners unnerved by Trump's global tariff strategy, but the tariff announcements seem certain to make that task harder.
A truck is driven past shipping containers stacked up at Pusan Newport Terminal in Busan, South Korea, on July 1.
BUSINESS / Economy
Jul 8, 2025
South Korea vows to fix regulations after Trump’s new tariff deadline
Seoul says it will accelerate negotiations to reach a mutually beneficial agreement with Washington.

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