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August 31, 2025
 

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TARIFFS

White House press secretary Karoline Leavitt holds a trade letter sent by the White House to Japan during a news conference at the White House in Washington on Monday.
BUSINESS / Economy
Jul 8, 2025
Trump announces new tariff rate on Japan — and extension of deadline to Aug. 1
The United States will raise its “reciprocal tariff” on Japan to 25% effective Aug. 1, President Donald Trump said in a letter addressed to Prime Minister Shigeru Ishiba on Monday.
U.S. President Donald Trump’s unilateral tariffs mark a shift toward centralized control, eroding checks and balances and raising risks of corruption and unpredictability.
COMMENTARY / World / Geoeconomic Briefing
Jul 7, 2025
Unchecked and unbalanced: The future of U.S. economic policymaking
The U.S. government is defined by its separation of powers, where authority is not concentrated in a single actor but divided between the different branches.
Brazilian President Luiz Inacio Lula da Silva speaks during the BRICS summit, at the Museum of Modern Art in Rio de Janeiro on Sunday.
WORLD / Politics
Jul 7, 2025
BRICS leaders condemn Gaza and Iran attacks, urging global reforms
With forums such as the G7 and G20 hamstrung by divisions and Trump's "America First" approach, the grouping has opened new space for diplomatic coordination.
U.S. President Donald Trump stands next to Commerce Secretary Howard Lutnick, as he speaks to members of the media, upon his arrival at Morristown Airport, in Morristown, New Jersey, on Sunday.
BUSINESS / Economy
Jul 7, 2025
U.S. tariffs to kick in Aug. 1, barring trade deals
The U.S. Treasury chief signaled that letters President Donald Trump is poised to send trading partners this week aren’t the final word on countries’ immediate tariff rates.
A screen displays news on U.S. President Donald Trump on the floor at the New York Stock Exchange (on June 27.
BUSINESS / Economy
Jul 7, 2025
Investors head into Trump tariff deadline benumbed and blase
The 90-day pause on the U.S. president's "Liberation Day" tariffs expire Wednesday.
Japan's top tariff negotiator, Ryosei Akazawa, speaks to the press upon his arrival at Tokyo's Haneda Airport in April.
BUSINESS / Economy
Jul 6, 2025
Japan's top trade negotiator holds two phone meetings with U.S. commerce chief
Ryosei Akazawa held "in-depth exchanges" over the phone with U.S. Commerce Secretary Howard Lutnick on Thursday and Saturday.
Brazilian President Luiz Inacio Lula da Silva and Chinese Premier Li Qiang pose for a picture after a bilateral meeting Saturday ahead of the BRICS summit in Rio de Janeiro on July 5.
BUSINESS / Economy
Jul 6, 2025
BRICS nations voice 'serious concerns' over Trump tariffs
The summit's impact will be depleted by the absence of Vladimir Putin as well as Xi Jinping, who is skipping the meeting for the first time in his 12 years as president.
U.S. President Donald Trump arrives to speak at the Salute to America Celebration at the Iowa State Fairgrounds in Des Moines on Thursday.
WORLD / Politics
Jul 5, 2025
Trump set to start notifying countries of tariffs up to 70%
Trump’s latest threat, which fits his pattern of issuing ultimatums, aligns with earlier statements that some nations won’t have a say in their tariff level.
U.S. President Donald Trump has threatened to just decide tariff rates himself and send out letters.
BUSINESS / Economy / FOCUS
Jul 4, 2025
Japan-U.S. tariff negotiations enter uncharted territory
A deal seems impossible as both sides refuse to budge just days ahead of the deadline.
Despite trade pressure from U.S. President Donald Trump, Prime Minister Shigeru Ishiba has held firm, constrained by upcoming elections, mistrust of U.S. intentions and growing public opposition to concessions.
EDITORIALS
Jul 4, 2025
As trade deadline approaches, Japan must draw lines
Most worrisome now is a growing sense among the Japanese public that the U.S. is no longer a reliable partner.
The Maruti Suzuki India e-Vitara during the Bharat Mobility Global Expo in New Delhi in January
BUSINESS / Companies
Jul 4, 2025
Suzuki is becoming a top Japan importer with made-in-India cars
Suzuki beat out Mercedes-Benz to become Japan’s top car importer in June, thanks to the Jimny Nomad and another popular small SUV assembled in India.
Outlays by households in Japan, adjusted for inflation, gained 4.7% from a year ago in May, according to the internal affairs ministry.
BUSINESS / Economy
Jul 4, 2025
Japan’s households boost spending by most since summer of 2022
Consumption makes up more than half of Japan’s economic output and could determine whether the economy will enter or avoid a technical recession.
A container ship is anchored at the Tan Vu port in Hai Phong, Vietnam. Much of Vietnam's exports to the U.S. are made up of items such as AirPods, phones or other products assembled with Chinese components and then shipped on.
BUSINESS / Economy
Jul 4, 2025
U.S. trade deal leaves Vietnam with questions and one big challenge
Companies operating in the Southeast Asian hub are on notice to move up the value chain.
U.S. President Donald Trump speaks to the press before boarding Air Force One as he departs for Iowa at Joint Base Andrews in Maryland on Thursday.
WORLD
Jul 4, 2025
Trump eyes simple tariff rates over complex talks, sending letters on Friday
President Trump said he preferred to notify most countries of a specific tariff rate, skipping detailed negotiations.
Foreign investors bought Japanese stocks for 13 straight weeks to June 27, their longest buying spree since 2013, data from Japan Exchange Group showed.
BUSINESS
Jul 3, 2025
Foreign buying of Japan stocks hits longest spell since 2013
The persistent buying — despite lingering concerns over U.S. tariffs and still sluggish domestic consumption — likely points to diversification away from U.S. equities.
A container is loaded onto a cargo ship at Hai Phong port in Vietnam. A trade deal secured by Vietnam with the U.S. sets a high bar for Japan's tariff talks.
BUSINESS / Economy
Jul 3, 2025
Vietnam steals a march and leaves Japan in a tough spot on U.S. tariffs
The deal sets a high bar for Japan and other countries still negotiating with the United States.
South Korean President Lee Jae Myung delivers a speech during a news conference to mark his first 30 days in office at the Blue House in Seoul on Thursday.
ASIA PACIFIC / Politics
Jul 3, 2025
South Korea's Lee pledges 'bold' economic policy after martial law crisis
The South Korean president says his top priority is to improve the lives of the people, whose faith in government had been greatly shaken by "a national crisis."
Toyota only lifted prices on some models by a few hundred dollars in the U.S. market in the wake of U.S. President Donald Trump’s tariffs.
BUSINESS / Companies
Jul 3, 2025
Japan’s carmakers absorbing tariffs may bolster Trump's position
Just three of Japan’s six major automakers have raised prices in the U.S., and only Subaru’s hike has come close to the 25% tariff imposed on imported vehicles.
A port near Shanghai. Beijing has often responded to actions it opposes with targeted trade measures.
BUSINESS
Jul 3, 2025
Beijing braces for U.S. trade deals that aim to shut out China
China is becoming increasingly wary of U.S. efforts to forge deals that could isolate Chinese firms from global supply chains.
Opposition parties are proposing a consumption tax cut as inflation, especially food inflation, remains high.
BUSINESS / Economy / FOCUS
Jul 2, 2025
Consumption tax cut enters political conversation ahead of Upper House election
The Liberal Democratic Party opposes a reduction in the tax, but opposition parties are in favor of a cut.
Philippine bid to acquire used Japanese warships gains steam
Tokyo is looking to transfer Abukuma-class vessels to the Philippines as part of broader efforts to boost the defense capabilities of like-minded neighbors amid growing Chinese military assertiveness in the region.
Japan to launch broad review of immigration policies amid rise in foreign nationals
Foreign tourists at Narita Airport in June. A report released Friday stresses that Japan is at a turning point and that current ad-hoc measures on immigration are no longer sufficient.
Top Japan trade negotiator canceled U.S. trip over rice, report says
Ryosei Akazawa
Most Japanese teens struggling with school find end of summer ‘painful’
Some 93.1% of Japanese teenagers who struggle with school life said they felt like they “wanted to disappear from the world" at the end of summer vacation ahead of the start of a new term, according to a recent survey released by Yokohama-based nonprofit Daisan Kazoku.
Most Trump tariffs are not legal, U.S. appeals court rules
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.
Japan to launch broad review of immigration policies amid rise in foreign nationals
Foreign tourists at Narita Airport in June. A report released Friday stresses that Japan is at a turning point and that current ad-hoc measures on immigration are no longer sufficient.
YouTube Music Weekend is where Japan’s internet-born performers go global
Headlining the second day of YouTube Music Weekend is Vocaloid artist Kikuo, who, with 1.46 million YouTube subscribers, is one of the most popular artists in the genre.
Japan looks to build drone ‘shield’ in record defense budget request
A group of Ground Self-Defense Force service members discuss drone operations and capabilities at a joint static display during the Orient Shield 24 opening ceremony at the Yausubetsu Training Area in Hokkaido in July last year.
Can anime carry the memories of World War II?
Many schools in Japan show "Grave of the Fireflies" as educational material to tell the emotionally grueling story of a boy who has no means to prevent his sister from starving to death.
Jesse Kirkwood: ‘Languages are entire cultural universes with all sorts of baggage’
Jesse Kirkwood is part of a vibrant field of translators who have nurtured what might be called a “post-Murakami era of Japanese literature and translation,” one book at a time.

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