Tag - tariffs

 
 

TARIFFS

Ryosei Akazawa, Japan's chief tariff negotiator, is in Washington again for a fourth round of high-level negotiations with the United States.
BUSINESS / Economy
May 30, 2025
Tariff talks with U.S. a mix of slow progress, ever-present uncertainty 
Japan's chief negotiator is back in Washington for another round of high-level negotiations.
Nippon Yusen, Japan's biggest shipper, believes there will probably not be another decline in bookings impacted by U.S. tariffs this year.
BUSINESS / Companies
May 30, 2025
Top Japan shipper sees orders recovering as trade tensions ease
Nippon Yusen saw a robust recovery in container shipping orders following an easing in tensions between the United States and some of its trading partners this month.
Shipping containers at the port of Oakland, in California. White House trade adviser Peter Navarro said the U.S. will find other ways to impose tariffs if the current plan doesn't work.
WORLD / Crime & Legal
May 30, 2025
If trade court ruling stands, Trump seen shifting to other options for tariff assault
Legal and trade experts' advice to foreign governments, companies and other clients: Assume the tariffs will resume in one form or another.
The Harry Elkins Widener Memorial Library at Harvard University in Cambridge, Massachusetts
ASIA PACIFIC / Politics
May 30, 2025
Trump aims at Chinese students and tech in threat to truce with Xi
Just weeks after U.S. President Donald Trump declared a "total reset” with China following a trade truce in Geneva, tensions are rising again between the world’s biggest economies.
Shipping containers from China at the Port of Los Angeles, in San Pedro, California.
BUSINESS / Economy / ANALYSIS
May 30, 2025
Trump's tariff tally: $34 billion and counting, global companies say
Many companies said the erratic nature of U.S. President Donald Trump's trade policies has made it impossible to accurately estimate costs.
Prime Minister Shigeru Ishiba speaks to reporters after his phone call with U.S. President Donald Trump on Thursday night.
BUSINESS / Economy
May 30, 2025
Ishiba and Trump talk tariffs in second phone call this month
Ishiba described his 25-minute call with Trump as “a very meaningful conversation” that allowed them to deepen their "mutual understanding."
U.S. President Donald Trump delivers remarks on tariffs at the White House in April.
BUSINESS / Economy
May 30, 2025
Trump's tariffs to remain in effect after appeals court grants stay
The move comes a day after a trade court had ruled Trump had exceeded his authority in imposing the duties and ordered an immediate block on them.
Toyota's global sales reached 936,718 units in April, a 12% increase from a year earlier year and a record for the month.
BUSINESS / Companies
May 29, 2025
Toyota sales hit second monthly record on U.S. demand amid tariff rush
Toyota and Lexus brand sales jumped 10% in the U.S. last month thanks to steady demand and an influx in orders as duties on imported cars and parts kicked in.
Global markets have fluctuated wildly since U.S. President Donald Trump announced so-called reciprocal levies in a sweeping executive order on April 2.
BUSINESS / Economy
May 29, 2025
U.S. trade court blocks Trump's global tariffs, dealing major blow to agenda
The U.S. Supreme Court may ultimately have the final say in the high-stakes case that could impact trillions of dollars in global trade.
A Donald Trump 2024 campaign hat on the floor of the New York Stock Exchange
BUSINESS / Markets
May 29, 2025
'It’s called negotiation': Trump bristles at ‘TACO trade’ betting on him backing down
The acronym — which stands for Trump Always Chickens Out — was coined by a Financial Times columnist and has since been adopted by traders.
Ryosei Akazawa, Japan's chief tariff negotiator, will attend a fourth round of ministerial-level tariff talks in the United States on Friday.
BUSINESS / Economy
May 29, 2025
Japan offering fund to aid U.S. shipbuilding as part of tariff negotiations
The United States has called on allies including Japan to help revive U.S. shipbuilding, amid concerns over China's dominant share in the global market.
U.S. Steel Edgar Thompson Works in Pennsylvania
BUSINESS / Economy
May 29, 2025
Trump’s Nippon Steel bid support boosts Japan’s trade talk hopes
The apparent breakthrough raises the possibility that Japan could get some new traction in its bid to get tariffs on autos and other exports removed.
Elon Musk holds a chainsaw featuring a Spanish slogan that translates as  "Long live freedom, damn it" during the annual Conservative Political Action Conference (CPAC) at the Gaylord National Resort & Convention Center at National Harbor in Oxon Hill, Maryland, on Feb. 20.
WORLD / Politics
May 29, 2025
Elon Musk leaving Trump administration, capping turbulent tenure
Musk's departure was quick and unceremonious, and he did not have a formal conversation with Trump before announcing his exit.
Workers assemble a Nissan Juke at the production line at Nissan's factory in Sunderland, England, in November 2023.
BUSINESS / Companies
May 28, 2025
Nissan seeks to raise $7 billion with backing from U.K. government
The struggling automaker plans to issue debt and sell assets to raise funds for keeping its operations on track, according to internal documents.
Apple's Fifth Avenue store in New York on May 23
BUSINESS / Tech
May 28, 2025
Apple reels from share selloff as Trump’s 25% tariff threat drives uncertainty
Some are skeptical the tariffs will come to pass, but any such measures would require Apple to absorb costs or raise prices, eroding demand.
A Skechers store in Times Square in New York. The company has announced plans to sell to investment firm 3G Capital in a take-private deal for about $9.4 billion.
BUSINESS / Companies
May 28, 2025
Retailers pummeled by Trump's trade war entertain more 'take-private' offers
Such companies have been hard-hit by rapidly shifting tariff announcements and are frustrated with an inability to provide earnings guidance.
Peter Mandelson, British Ambassador to the U.S.
WORLD
May 28, 2025
U.K. envoy urges trans-Atlantic tech alliance, citing China threat
Ambassador Peter Mandelson warned of the consequences if China continues to get ahead in AI and other key technologies.
Nippon Steel headquarters in Tokyo. The U.S. government is poised to receive a so-called golden share in U.S. Steel as a condition for approving Nippon Steel's proposed acquisition of the American company.
BUSINESS / Companies
May 28, 2025
Golden share fix proposed for knotty Nippon Steel-U.S. Steel deal
The plan would give the U.S. government a veto over certain company decisions.
The Japanese government will spend ¥288 billion to lower the cost of electricity and city gas by ¥3,000 for an average household from July to September.
BUSINESS / Economy
May 27, 2025
Japan to subsidize home energy bills through summer amid U.S. tariff impact
The government will spend ¥388 billion from budget reserves for the measures in its first fiscal spending in response to the Trump tariffs.
Prime Minister Shigeru Ishiba has reached an agreement with Italian Prime Minister Giorgia Meloni to strengthen security cooperation.
JAPAN / Politics
May 27, 2025
Japan and Italy agree to advance security cooperation
The cooperation includes a project between Japan, Italy and Britain to jointly develop a next-generation fighter jet.

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