Tag - tariffs

 
 

TARIFFS

A worker places blank guitar picks into a tray at D'Addario's production facility in Farmingdale, New York, on July 10.
BUSINESS / Markets
Jul 23, 2025
Inside a U.S. guitar string-maker's strategy to navigate the trade war
While the company makes nearly all its music accessories in the U.S., its supply chain and distribution are global, with its biggest foreign market being Japan.
U.S. President Donald Trump’s aggressive tariff threats seemed effective at first because markets expected him to back down, but as investors grow numb, the risk rises he’ll follow through, triggering the very economic harm his threats were meant to avoid.
COMMENTARY / World
Jul 23, 2025
Why markets may soon call America’s tariff bluff
Complacency brings new risk: If markets tune out Trump’s tariff threats, they may stop checking harmful policies.
U.S. President Donald Trump delivers remarks on tariffs with U.S. Secretary of Commerce Howard Lutnick at the White House on April 2.
COMMENTARY / Japan
Jul 23, 2025
Trump’s tariffs undermine America's security, business and credibility
Donald Trump may have given up on free trade, but the American people have not.
Elon Musk leaves the stage after addressing a campaign rally for Donald Trump in Butler, Pennsylvania, on Oct. 5, 2024.
BUSINESS / Tech
Jul 23, 2025
SpaceX warns investors Elon Musk could return to U.S. politics
Musk had said in May he would focus on his business empire and pull back his political spending, but after a spat with Trump, he vowed to form a new political party.
U.S. President Donald Trump announced a trade deal with Japan on Tuesday, saying the agreement would create "hundreds of thousands of jobs."
BUSINESS / Economy
Jul 23, 2025
Japan and U.S. reach tariff deal with ‘reciprocal’ rate at 15%
The U.S. president did not mention sector-specific tariffs currently in place, but NHK reported the overall tariff rate on autos will be 15%.
U.S. President Donald Trump welcomes Philippine President Ferdinand Marcos Jr. at the entrance to the West Wing of the White House in Washington on Tuesday.
BUSINESS / Economy
Jul 23, 2025
U.S.-Philippines trade talks yield modest tariff shift after Trump-Marcos meeting
U.S. President Donald Trump announced a new 19% tariff rate for goods from the Philippines after what he said was a "beautiful visit" by the Philippine leader.
U.S. President Donald Trump hosts Jensen Huang, chief executive of computer chip maker Nvidia for an event to discuss U.S. technology investments at the White House in Washington on April 30.
ASIA PACIFIC / Politics
Jul 22, 2025
As Trump courts a more assertive Beijing, China hawks are losing out
The Trump administration has dialed back aggressive measures against China and reversed its position on technology controls as the president angles for a Chinese trip.
U.S. Secretary of Defense Pete Hegseth shakes hands with Philippine President Ferdinand Marcos Jr. during a welcome ceremony at the Pentagon in Washington on Monday.
ASIA PACIFIC / Politics
Jul 22, 2025
Philippine president and top U.S. officials vow to ramp up deterrence
Philippine leader Ferdinand Marcos Jr. met separately with Defense Secretary Pete Hegseth and Secretary of State Marco Rubio.
U.S. Treasury Secretary Scott Bessent says the administration of President Donald Trump's priorities in tariff deals are not the inner workings of the Japanese government, but the American people.
BUSINESS
Jul 22, 2025
U.S. seeking best deal for Americans in talks with Japan, Bessent says
The treasury secretary said the inner workings of the Japanese government are not a priority, in an apparent check on Tokyo's aim to review U.S. automobile tariffs.
U.S. President Donald Trump meets with Chinese leader Xi Jinping at the start of bilateral talks during the Group of 20 summit in Osaka in June 2019.
ASIA PACIFIC / Politics
Jul 22, 2025
Aides to Trump and Xi discussed autumn U.S.-China leaders' meeting
Ideas floated include a Trump stopover around the time of an APEC summit in South Korea or talks on the sidelines of the Oct. 30-Nov. 1 event.
Chief tariff negotiator Ryosei Akazawa in Osaka on Saturday. On Monday, Akazawa flew to the United States for another round of tariff negotiations.
BUSINESS / Economy
Jul 21, 2025
Akazawa jets to Washington for tariff talks after historic election
If an agreement with the U.S. can't be reached before Aug. 1, the "reciprocal" tariff rate imposed by the administration of U.S. President Donald Trump rises to 25%.
Shipping containers at Barcelona port
BUSINESS
Jul 21, 2025
EU to prepare retaliation plan as U.S. trade stance hardens
The overwhelming preference is to keep negotiations with Washington on track in a bid for an outcome to the impasse ahead of next month’s deadline.
China’s use of exit bans has been a point of contention between Beijing and Washington.
ASIA PACIFIC
Jul 21, 2025
China stops U.S. Department of Commerce worker from leaving country: reports
China’s use of exit bans has been a point of contention between Beijing and Washington.
A military aircraft is seen on a giant screen showing news footage about joint military drills carried out by the Chinese People's Liberation Army, outside a shopping mall in Beijing on April 1.
ASIA PACIFIC / Politics
Jul 21, 2025
China and Vietnam plan first joint army drill amid U.S. tariffs
The exercise will take place in southern China’s Guangxi region, which borders Vietnam.
A Dole Food Company worker rakes coffee cherries for them to dry at the company's Waialua coffee and cocoa farm on the North Shore of Oahu, Hawaii, in November 2011.
BUSINESS / Economy
Jul 20, 2025
Trump tariffs spell trouble for Hawaii’s few coffee farmers
Coffee is more popular in the U.S. than even bottled water, with two-thirds of Americans drinking it every day.
Prime Minister Shigeru Ishiba, who serves concurrently as  president of the Liberal Democratic Party, delivers a campaign speech in Yokohama on July 6.
JAPAN / Politics / FOCUS
Jul 19, 2025
Japan's minority government faces election snub as economic storm brews
Prime Minister Shigeru Ishiba's LDP and its partner Komeito are forecast to lose their majority in a repeat of last year's Lower House election.
Prime Minister Shigeru Ishiba, who serves concurrently as leader of the ruling Liberal Democratic Party, waves to voters from atop an election campaign van during a rally Friday in Yokohama for Sunday's Upper House election.
JAPAN / Politics / FOCUS
Jul 19, 2025
Ishiba's future in balance as polls hint at rout in Upper House election
Prime Minister Shigeru Ishiba likes the nitty gritty of policy, cigarettes and making models, but his dream job as Japanese leader could go up in smoke this weekend.
U.S. President Donald Trump steps on stage to deliver remarks at the Salute to America Celebration at the Iowa State Fairgrounds in Des Moines on July 3.
BUSINESS / Economy
Jul 19, 2025
Trump aims tariff double whammy at industries and nations by Aug. 1
In addition to measures on copper, the U.S. has discussed making announcements on lumber, chips, critical minerals and drugs, in that order, though this may change.
Former Brazilian President Jair Bolsonaro attends an interview in Brasilia on Friday.
WORLD / Politics
Jul 19, 2025
Defiant Bolsonaro says he is the one to stop Lula, China and Trump tariffs
Brazil's right-wing former president cast himself as the man to renegotiate U.S. tariffs, curb Chinese influence and beat back leftists in Brazil.
South African Deputy Minister of Finance David Masondo (left), Minister of Finance Enoch Godongwana (center) and South African Reserve Bank Gov. Lesetja Kganyago address a closing news conference on the last day of a meeting of Group of 20 finance ministers and central bank governors meeting in Durban, South Africa on Friday.
BUSINESS / Economy
Jul 19, 2025
G20 communique delivers rare show of unity amid Trump trade war
U.S. tariffs have strained the G20’s multilateral foundations and complicated South Africa’s efforts — as this year’s rotating president — to keep the group’s agenda on course.

Longform

Rock group The Yellow Monkey played K-Arena Yokohama in June as part of a nationwide tour. Concerts are increasingly popular in the age of social media as users value in-person experiences.
Inside Japan’s arena boom: Sports, sound and city-building