Tag - tariffs

 
 

TARIFFS

Coils of rolled steel sit in an industrial yard in Hamilton, Ontario, Canada
BUSINESS / Markets
Mar 12, 2025
U.S.-Canada trade war heats up as Trump doubles metals tariffs, then backs off
The switch came after a Canadian official also backed off his own plans for a 25% surcharge on electricity.
A man walks past an electronic board showing the Nikkei 225 index on the Tokyo Stock Exchange along a street in the capital on Tuesday.
BUSINESS / Markets
Mar 11, 2025
Asian stocks slide as U.S. growth worries grip markets
In Asia, stocks were battered across the board with Japan's Nikkei and Taiwan stocks hitting their lowest levels since September.
Trade minister Yoji Muto says his talks in Washington with U.S. officials didn’t result in any confirmation to exclude Tokyo from upcoming tariff measures.
BUSINESS / Economy
Mar 11, 2025
Japan's trade minister fails to win tariff exemption assurance from U.S.
New duties on car imports would deal a direct blow to the economy of Japan, which is already bracing for an indirect impact from tariffs the U.S. is imposing on other nations.
A trader works on the floor of the New York Stock Exchange at the opening bell in New York on Monday, when stocks plummeted as investors fretted that uncertainty over President Donald Trump's tariff policy could tip the world's biggest economy into a recession.
BUSINESS / Markets
Mar 11, 2025
Markets rocked by Trump show economic fear across Wall Street
What had been a steady pullback from the U.S. stock market accelerated sharply Monday as investors retreated from virtually every type of risk.
Boxes of imported pork from the U.S. at a cold storage warehouse in Shanghai
BUSINESS / Economy
Mar 10, 2025
China deploys food as a high-impact, low-cost weapon in tariff fight
China’s willingness to use food as a countermeasure against the U.S. underscores the impact of a slowing economy on demand.
Hong Kong’s growth outlook was cut by economists for the last two quarters of the year.
BUSINESS / Markets
Mar 10, 2025
Singapore and Hong Kong face growth risks over U.S. tariff war with China
Singapore and Hong Kong are among the most exposed to China’s economy via commodity and trade links.
U.S. President Donald Trump speaks to reporters as White House Press Secretary Karoline Leavitt stands with him aboard Air Force One on his return to Washington on Sunday.
BUSINESS / Economy
Mar 10, 2025
Trump declines to rule out recession in U.S. this year
The U.S. president's on-again, off-again tariff threats have roiled financial markets and stoked unease among consumers.
Former Bank of Canada and Bank of England governor Mark Carney speaks after he won the race to become leader of Canada's ruling Liberal Party and will succeed Justin Trudeau as Prime Minister, in Ottawa on Sunday.
WORLD / Politics
Mar 10, 2025
Mark Carney wins Canada Liberal contest and will succeed Trudeau in days
Carney takes the reins at a time when the White House is creating upheaval in the global economy — and with U.S. trading partners — with increasingly chaotic tariff announcements.
Trade tensions between the U.S. and China are set to escalate Monday as Beijing imposes tariffs on U.S. agricultural goods in response to President Trump's latest tariff hike.
WORLD
Mar 9, 2025
China-U.S. trade war heats up with Beijing's tariffs to take effect
Analysts say Beijing's retaliatory tariffs are designed to hurt Trump's voter base while remaining restrained enough to allow room to hash out a trade deal.
Former Bank of Japan Gov. Haruhiko Kuroda said Japan must fix "any misunderstanding" held by U.S. President Donald Trump that its central bank was intentionally weakening the yen with monetary policy.
BUSINESS / Economy
Mar 8, 2025
Japan must fix 'misunderstanding' it is manipulating yen, says ex-BOJ chief Kuroda
Trump said he had told Japan and China they could not continue to reduce the value of their currencies, as doing so would be unfair to the United States.
A man is silhouetted beneath a screen displaying Japan's Nikkei share average in Tokyo on Tuesday.
BUSINESS / Markets
Mar 8, 2025
Japanese stocks expected to remain on downward trend amid tariff turmoil
Uncertainties over U.S. President Donald Trump's tariffs this week pushed the Nikkei 225 index below 37,000 for the first time in six months.
Trade Minister Yoji Muto speaks during a meeting with steel and aluminum company executives on Feb. 25.
BUSINESS / Economy
Mar 8, 2025
Japan to send trade minister Muto to U.S. amid tariff tensions
The visit is set to take place from March 9 to March 11, just before the extra levies on steel and aluminum are expected to kick in on March 12.
U.S. President Donald Trump speaks from the Oval Office of the White House in Washington on Friday. Trump said tariffs could be imposed on Canadian dairy and lumber products within days, in a growing trade war with the United States' northern neighbor.
BUSINESS / Economy / FOCUS
Mar 8, 2025
Trump’s on-again, off-again tariff strategy sows confusion
Hasty announcements have injected chaos into the economy and financial markets, casting doubts about the White House’s trade strategy.
British Secretary of State for Business Jonathan Reynolds, British Foreign Secretary David Lammy, Japanese Foreign Minister Takeshi Iwaya, and trade minister Yoji Muto shake hands after a joint news announcement after their economic "two-plus-two" ministers' meeting at the Iikura Guesthouse on Friday in Tokyo.
JAPAN / Politics
Mar 8, 2025
Japan and Britain stress free trade in Tokyo talks
The comments followed Japan and Britain's first "two-plus-two" talks between the country's trade and foreign ministers.
Chinese Foreign Minister Wang Yi at the ongoing National People's Congress in Beijing on Friday. Wang said major powers should assume international obligations and not be profit-driven.
ASIA PACIFIC / Politics
Mar 7, 2025
Major powers should not bully the weak, China's top diplomat says
They should assume international obligations and not be profit-driven, Chinese Foreign Minister Wang Yi says.
Nintendo shares sank as much as 9.8% in Tokyo Friday, as U.S. President Donald Trump doubling levies on China means game consoles, mostly made in China, could have higher selling prices in the United States due to heftier import costs.
BUSINESS / Companies
Mar 7, 2025
Nintendo shares plunge on tariff fears as foreign investors retreat
Nintendo sank 9.2% in Tokyo, its biggest intraday drop since the stock market rout on Aug. 5.
U.S. President Donald Trump and Canadian Prime Minister Justin Trudeau in December 2019
BUSINESS / Economy
Mar 7, 2025
'Psychodrama' tariff negotiations frustrate Mexico and Canada
The on-again, off-again tariffs and the high-level discussions surrounding them have exasperated negotiating teams, sources say.
U.S. President Donald Trump is exempting automakers from newly imposed tariffs on Mexico and Canada for one month, the White House said Wednesday, as a temporary reprieve following pleas from industry leaders.
BUSINESS / Economy
Mar 6, 2025
Trump’s tariff pause cheered globally and watched closely in Tokyo
The U.S. president is delaying 25% tariffs on cars from Mexico and Canada and might consider carve-outs for agricultural imports from those countries.
Sony Group President Hiroki Totoki told a news conference last month that the Playstation maker had been preparing for tariffs by building up inventory from its gaming and electronics divisions in the United States.
BUSINESS / Companies / ANALYSIS
Mar 6, 2025
Sony and Suntory build U.S. stockpiles as Japan faces Trump tariff threat
In his latest trade salvo this week, U.S. President Donald Trump hinted that he might target Tokyo next, after imposing tariffs on Mexico and China.
While you need to pass over cash for taxes, don't fall for scams that trick you into paying what you don't owe.
LIFE / Language / BILINGUAL
Mar 6, 2025
Scams, taxes and tariffs: It's that time of year.
Financial scams abound in Japan and a new one uses tax-related terminology.

Longform

A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
If the 'Big One' hits, this city could face a 31-meter-high tsunami