Tag - tariffs

 
 

TARIFFS

European Commission President Ursula von der Leyen (left) and U.S. President Donald Trump speak to the press following their meeting in Turnberry, Scotland, on Sunday.
BUSINESS / Economy / ANALYSIS
Jul 28, 2025
Out-gunned Europe accepts least-worst U.S. trade deal
The agreement on a blanket 15% tariff is a reality check on the aspirations of the bloc to become an economic power able to stand up to the likes of the U.S. or China.
U.S. President Donald Trump and China's President Xi Jinping shake hands after making joint statements at the Great Hall of the People in Beijing in 2017.
BUSINESS
Jul 28, 2025
U.S. and China to resume tariff talks in effort to extend truce
China is facing an Aug. 12 deadline to strike a durable tariff agreement with the Trump administration, after Beijing and Washington reached a preliminary deal in June.
European Commission President Ursula von der Leyen shakes hands with U.S. President Donald Trump in Turnberry, Scotland, on Sunday.
BUSINESS / Economy
Jul 28, 2025
EU reaches broad tariff deal with U.S. to avert painful trade blow
The U.S. and European Union agreed on a hard-fought deal that will see the bloc face 15% tariffs on most of its exports, including automobiles.
A supporter (center right) of Prime Minister Shigeru Ishiba holds up a placard reading "Don't quit Ishiba" as he takes part in a rally across the street from the Prime Minister's Office in central Tokyo on Friday.
JAPAN / Politics
Jul 27, 2025
Stay or go? Key events give Ishiba time to ponder his future.
Prime Minister Shigeru Ishiba has pledged to stay in office — in defiance of growing calls for him to step down after the LDP's poor showing in the Upper House election.
With tariffs at an 80-year high and the U.S. dollar behaving unpredictably, the Fed should hold off on cutting rates until there’s clear evidence that inflation remains under control.
COMMENTARY / World
Jul 27, 2025
The Fed needs to tread carefully with this strange dollar
Given that range of possibilities, it’s prudent to wait for the data to tell the story, exactly as Fed Chair Jerome Powell is currently planning.
An electronic board shows the broad Topix index hitting a record high on Thursday.
BUSINESS / Markets
Jul 27, 2025
Japan investors brace for BOJ and earnings results after Trump-fueled rally
As the dust settles following the U.S.-Japan trade deal that sent markets on a wild ride, investors are questioning whether the rally was a sign of things to come.
U.S. President Donald Trump speaks during a meeting with Philippine leader Ferdinand Marcos Jr. in the Oval Office of the White House in Washington on Tuesday.
BUSINESS / Economy / FOCUS
Jul 26, 2025
Trump tariffs leave costly China supply question unanswered
The U.S. president has threatened to rocket rates up to 40% for products deemed to be transshipped, or re-routed, through Southeast Asia.
Prime Minister Shigeru Ishiba delivers a speech at an event in Karuizawa, Nagano Prefecture, on Friday afternoon.
BUSINESS
Jul 26, 2025
Ishiba rules out joint document on U.S. tariffs as deal's details trickle out
Prime Minister Shigeru Ishiba has faced criticism from the opposition as numerous details about the agreement remain unclear.
U.S. President Donald Trump speaks to the media after arriving at Glasgow Prestwick Airport, in Prestwick, Scotland, on Friday.
BUSINESS / Economy
Jul 26, 2025
EU’s Von der Leyen to meet Trump in bid to clinch trade deal
After months of talks and shuttle diplomacy between Brussels and Washington, the two sides have been zeroing in on an agreement.
Batam, a duty-free Indonesian enclave a short ferry ride from Singapore, has become a key waypoint in a convoluted global shuffle involving Chinese solar panels and U.S. tariffs.
BUSINESS
Jul 25, 2025
China’s stealthy solar exports stay one step ahead of U.S. tariffs
Of Indonesia’s 10 biggest exporters of solar cells and panels to the U.S. during the first half of 2025, six in Batam were found to be owned by executives at Chinese companies.
Bank of Japan officials view the trade deal with the U.S. as reducing a key source of uncertainty for Japan’s economy and businesses, allowing the central bank to focus on monitoring the tariffs’ actual impact in incoming economic data, according to people familiar with the matter.
BUSINESS / Economy
Jul 25, 2025
BOJ is said to see potential rate hike environment this year
Assuming there’s no change to the U.S. tariff deal, the central bank will likely have enough data by the end of the year to be able to consider whether a rate hike is appropriate.
Visitors at Matryoshka Square, a theme park in the border town of Manzhouli, in China’s Inner Mongolia, on July 10. Much of the trade between China and Russia has long run through Manzhouli.
WORLD / Politics
Jul 25, 2025
How a Chinese border town keeps Russia’s economy afloat
The economic strategy of the town of Manzhouli underlines Russia’s evolution into a supplier of raw materials to China’s vast manufacturing sector.
U.S. President Donald Trump on Wednesday in Washington, the day after he agreed to an 11th-hour trade deal with Japan.
BUSINESS / Economy
Jul 24, 2025
Big unanswered questions follow Japan's big, beautiful deal with the U.S.
The $550 billion investment plan, in particular, is the subject of doubt and discussion.
A boy and his father walk through the toy section of Walmart in King of Prussia, Pennsylvania, on Nov. 29, 2019.
BUSINESS / Markets
Jul 24, 2025
Toy makers nix batteries and other materials to save costs amid tariff war
The duties imposed by U.S. President Donald Trump are particularly painful for companies like Hasbro and Mattel, as 80% of toys sold in the U.S. come from China.
As U.S. tariffs caused global uncertainty, Japanese carmakers in particular have been losing momentum as the industry faced pressure from levies.
BUSINESS / Markets
Jul 24, 2025
Firms in Japan likely to log lower profits amid tariff and political uncertainty
While tariffs caused global uncertainty, Japanese carmakers in particular have been losing momentum as the industry faced pressure from the levies.
U.S. President Donald Trump’s trade deal opening Japan to U.S. auto exports sounds big but means little in practice because American carmakers don’t make what Japanese consumers want, such as the Honda N-Box, the nation's best-selling model.
COMMENTARY / Japan
Jul 24, 2025
Japan trade deal offers U.S. automakers relief, not new markets
The peculiar tastes of America’s consumers put its vehicles at a disadvantage overseas that tariffs won’t fix.
Prime Minister Shigeru Ishiba’s last-minute trade deal with the U.S. may calm tariff fears but has cost him politically, leaving Japan’s ruling party divided and his leadership on the brink.
COMMENTARY / Japan
Jul 24, 2025
‘Mr. Japan’ bends the knee — and falls on his sword
Shigeru Ishiba’s trade deal with Donald Trump will be his last act as leader
U.S. President Donald Trump gestures after signing executive orders in Washington on Wednesday.
JAPAN / Politics
Jul 24, 2025
Trump says Tokyo agreed to buy U.S. defense gear, but questions remain
Touting the surprise trade agreement with Japan, the U.S. president claimed that Tokyo agreed to buy billions of dollars in defense equipment.
European Council President Antonio Costa (left) and European Commission President Ursula von der Leyen (right) join hands with Prime Minister Shigeru Ishiba prior to a meeting at the Prime Minister's Office in Tokyo on Wednesday.
BUSINESS / Economy
Jul 23, 2025
Japan and EU launch trade ‘alliance’ amid concerns over U.S. and China
The new agreement will expand bilateral trade ties, promote business cooperation and explore ways to diversify critical mineral supply chains.
Prime Minister Shigeru Ishiba looks on after meeting with the Liberal Democratic Party executives at the party's headquarters in Tokyo on Wednesday.
JAPAN / Politics
Jul 23, 2025
Ishiba denies reports he will resign next month, leaving his fate unclear
Some media outlets had reported that the prime minister was poised to step down in the coming weeks.

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