Tag - tariffs

 
 

TARIFFS

Jamco, a Japan-based maker of airplane seats, toilets, and galleys that was recently acquired by Bain Capital, is betting its U.S.-based manufacturing hub will give it an advantage under President Donald Trump’s tariff regime.
BUSINESS / Companies
Aug 5, 2025
Bain’s Japanese plane seat-maker sees U.S. hub as shelter from Trump tariffs
Supply chain issues that have seen extended wait times for cabin fittings also present an opportunity to fill, Jamco Executive Chair Kate Schaefer says.
Japan's three megabank groups have estimated that the tariffs imposed by the administration of U.S. President Donald Trump could cut their fiscal 2025 profits by around ¥80 billion ($544 billion) to ¥110 billion.
BUSINESS / Companies
Aug 5, 2025
Japan's five largest banking groups post 2.7% profit gains for April-June
The increase is partly due to growth in profits from the banking groups' lending operations reflecting the Bank of Japan's interest rate hikes.
Hironori Kamezawa, chief executive officer of Mitsubishi UFJ Financial Group, speaks during an interview at the company's headquarters in Tokyo on Friday.
BUSINESS / Companies
Aug 5, 2025
BOJ rate hike in September or October is 'desirable,' MUFG chief says
Such a hike is ideal in the face of strong inflation in the country.
Demonstrators protest U.S. President Donald Trump's tariffs on Brazilian products at a rally outside the U.S. Consulate in Sao Paulo on Friday.
COMMENTARY / World
Aug 5, 2025
Trump’s tariffs defy the doomsayers — so far
Despite nearly uniform predictions of doom and disaster, the global economy has largely ignored the Trump trade revolution.
KIA vehicles are parked to be exported at a port in Pyeongtaek, South Korea, on July 31.
BUSINESS
Aug 5, 2025
South Korea and U.S. prepare for summit with details of trade deal unresolved
U.S. President Donald Trump may use the summit with counterpart Lee Jae Myung to seek more concessions on defense costs and corporate investments, left out of the deal.
U.S. President Donald Trump delivers remarks on tariffs at the White House on April 2. Power over principle is shifting global trade dynamics under the Trump administration.
COMMENTARY / World
Aug 5, 2025
No, Trump is not the ‘transactional’ president he feigns
Reliable dealmaking depends on two essential conditions: good faith and a stable set of rules, backed by reliable enforcement mechanisms.
U.S. President Donald Trump (left) and Indian Prime Minister Narendra Modi shake hands at the conclusion of a joint news conference in the White House in Washington on Feb. 13.
WORLD / Politics
Aug 5, 2025
Trump again threatens India with harsh tariffs over Russian oil purchases
A spokesperson for the Indian foreign ministry said in response that India will "take all necessary measures to safeguard its national interests and economic security."
Prime Minister Shigeru Ishiba (left) and Economic Revitalization Minister and chief tariff negotiator Ryosei Akazawa attend a budget committee session on the U.S. tariff issue in the Lower House in Tokyo on Monday.
JAPAN / Politics
Aug 4, 2025
Opposition parties fume over U.S. trade deal not being put in writing
Prime Minister Shigeru Ishiba said issuing a joint document with the U.S. will not serve the nation’s interests and may instead jeopardize the agreement.
U.S. President Donald Trump and European Commission President Ursula von der Leyen shake hands following the announcement of a new U.S.-EU trade deal on July 27 in Turnberry, Scotland.
COMMENTARY / World
Aug 4, 2025
The EU’s economic surrender only deepens its dependence on the U.S.
The European Union’s tariff deal with U.S. President Donald Trump highlights the bloc’s inability to present a united front.
A monitor in Tokyo shows the 225-issue Nikkei Stock Average dropping on Monday morning.
BUSINESS / Markets
Aug 4, 2025
Stocks in Japan slump after U.S. data spark growth worries
The broader Topix Index and the blue-chip 225-issue Nikkei Stock Average pared some of their earlier losses but closed down 1.1% and 1.2%, respectively.
India's Prime Minister Narendra Modi gestures as he addresses a public gathering during the inauguration of various projects on the outskirts of the city of Varanasi, in the Indian state of Uttar Pradesh, on Saturday.
ASIA PACIFIC / Politics
Aug 4, 2025
India to keep buying Russian oil despite Trump's 25% tariff blow
India has become one of U.S. President Donald Trump’s top targets as he looks to pressure Russian President Vladimir Putin to end his war in Ukraine.
Fujifilm raised U.S. prices for the majority of its digital cameras and lenses last week, as the U.S. tariffs continue to reverberate across the consumer tech industry.
BUSINESS / Companies
Aug 3, 2025
Fujifilm raises camera and lens prices in the U.S. due to tariffs
Many of the company’s camera bodies are now $200 more expensive than they were on Thursday evening.
U.S. President Donald Trump raises his fist as he boards Air Force One at Joint Base Andrews in Maryland on Friday.
BUSINESS / Economy / FOCUS
Aug 3, 2025
Trump’s economic agenda is losing support, but Democrats see few gains
Democrats looking to retake the House of Representatives need to convince voters they can be trusted on issues like fighting inflation and lowering the cost of housing.
Workers stitch shirts at a textile factory in Noida, India, on Thursday. The U.S. is India’s largest trading partner, with the two-way trade between them at an estimated $129.2 billion in 2024.
BUSINESS
Aug 2, 2025
India aghast at Donald Trump’s ‘dead' economy dig and 25% tariffs
While Indian government officials weighed a response and business groups tallied the cost of the trade barrier, social media flared up with users protesting Trump.
Merchandise are pictured for sale at a Nintendo store in central Tokyo on Friday.
BUSINESS / Tech
Aug 2, 2025
Nintendo to raise U.S. pricing of original Switch hardware
Nintendo attributed the changes to "market conditions," a hint at the impact of the Trump administration’s tariffs.
Traders work on the floor of the New York Stock Exchange in New York on Friday.
BUSINESS / Economy
Aug 2, 2025
World economies reel from Trump's tariffs punch
Stock markets in Hong Kong, London and New York slumped as they digested the turmoil, while weak U.S. employment data added to worries.
Prime Minister Shigeru Ishiba has been talking up Japan's successful tariff negotiations with the United States.
BUSINESS / Economy
Aug 1, 2025
U.S. sets Aug. 7 as start date for Japan's 15% 'reciprocal' tariff
The focus is now on unfinished business as auto duties go unmentioned.
The Manzanillo seaport in Mexico. U.S. President Donald Trump gave Mexico a 90-day reprieve from higher tariffs of 30% on many goods to provide more time to negotiate a broader trade pact.
BUSINESS / Economy
Aug 1, 2025
Trump hits dozens of nations with steep tariffs
The U.S. president set rates including a 35% duty on many goods from Canada, 50% for Brazil, 25% for India, 20% for Taiwan and 39% for Switzerland.
U.S. President Donald Trump delivers remarks at the White House in Washington on Thursday.
BUSINESS / Economy
Aug 1, 2025
Trump embraces economic coercion with tariffs as his big stick
The U.S. president road-tested the hardball tactic in his first term. Now he’s taken it to new levels.
A container ship approaches the Busan Port Terminal in Busan, South Korea, on July 23. Seoul's trade agreement with the U.S. brings one of the world’s biggest exporters into Washington’s emerging trade framework just a day before the deadline.
BUSINESS / Markets
Jul 31, 2025
U.S. sets South Korea tariff rate at 15% with energy and shipbuilding investment
The agreement brings one of the world’s biggest exporters into Washington’s emerging trade framework just a day before the deadline.

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