Tag - tariffs

 
 

TARIFFS

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.
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.

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