Tag - tariffs

 
 

TARIFFS

U.S. President Donald Trump's tactics, which may work with Elon Musk, are unlikely to succeed with China, where strategic leverage and national security concerns make such coercive methods ineffective.
COMMENTARY / World
Jun 13, 2025
Donald Trump’s antics may work with Elon Musk, but not with China
Trump’s tactics may work against Elon Musk given that his administration has leverage over Musk’s critical business activities. But with China, it does not.
U.S. President Donald Trump came into office promising to radically remake the U.S.-China trade relationship.
ASIA PACIFIC / Politics
Jun 13, 2025
For Trump, resolving U.S.-China trade fight comes at a cost
The back-and-forth to seal a deal with Beijing exposed that key U.S. industries are reliant on magnets largely sourced from China.
Prime Minister Shigeru Ishiba speaks to reporters at the Prime Minister's Office after holding talks with opposition leaders Thursday.
BUSINESS
Jun 12, 2025
Japan and U.S. still far apart in tariff talks, Ishiba cited as saying
Ishiba is expected to meet U.S. President Donald Trump on the sidelines of the Group of Seven leaders gathering in Canada starting Sunday, but a deal is far from certain.
U.S. Secretary of Treasury Scott Bessent and Chinese Vice Premier He Lifeng shake hands at Lancaster House in London on Monday.
BUSINESS
Jun 12, 2025
Deal to get U.S.-China trade truce back on track is done, Trump says
The deal removes Chinese export restrictions on rare earth minerals and allows Chinese students access to U.S. universities.
Nike branded shoes on display at a store in Ho Chi Minh City, Vietnam, on April 11
BUSINESS / Companies
Jun 12, 2025
Vietnam trade envoy meets U.S. execs at Nike and Walmart ahead of tariff talks
Vietnam has engaged in weeks of intense diplomacy with the U.S. — the largest export market of the trade-reliant country — as it seeks to avert a threatened 46% tariff.
The Business Sentiment Index for large firms registered minus 1.9 for the April-June quarter, slipping into negative territory for the first time since the first quarter of 2024.
BUSINESS
Jun 12, 2025
Japan’s firms see business climate worsen amid U.S. tariff hits
The Business Sentiment Index for large firms slipped into negative territory for the first time since the first quarter of 2024.
Jera's LNG agreements with U.S. suppliers bolster Japan’s role as the world’s second-largest LNG importer, and come as U.S. President Donald Trump is pushing to expand exports of the fuel.
BUSINESS / Companies
Jun 12, 2025
Jera touts 20-year LNG agreements with U.S. suppliers
Japan’s largest power generation company has reached agreements to buy as much as 5.5 million tons per year of liquefied natural gas from U.S. suppliers.
World Bank Deputy Chief Economist Ayhan Kose speaks during an interview on Monday in Washington.
BUSINESS / Economy
Jun 11, 2025
World Bank sees Japan's growth slowing in 2025
The institution has lowered its 2025 growth estimate for Japan's gross domestic product to 0.7% in inflation-adjusted real terms.
As the administration of U.S. President Donald Trump does not respect multilateralism, former Japanese Ambassador to the United States Ichiro Fujisaki warned the president may start saying his country will no longer participate in the G7 summit.
JAPAN / Politics
Jun 11, 2025
Former Japan envoy to U.S. calls for avoiding Trump's isolationist policies at G7
Former Japanese Ambassador to the United States Ichiro Fujisaki warned U.S. President Donald Trump may start saying his country will no longer participate in the summit.
U.S. Commerce Secretary Howard Lutnick speaks to members of the media at Lancaster House in London on Tuesday.
BUSINESS / Economy
Jun 11, 2025
U.S. and China officials agree on plan to ramp down trade tensions
Officials on both sides expressed optimism but the framework must now be approved by leaders in Washington and Beijing.
Ryosei Akazawa, Japan’s chief tariff negotiator, is expected to head to Washington soon for a sixth round of high-level trade talks with the United States.
BUSINESS / Economy
Jun 10, 2025
Akazawa talks of 'dense fog' in U.S. trade talks ahead of G7 summit
Japan is sticking to its demand that all new tariffs be removed, the country's tariff czar insists.
Members of law enforcement operate amid a standoff between police and protesters following multiple detentions by Immigration and Customs Enforcement (ICE), in the Los Angeles County city of Compton, California, on Saturday.
WORLD / Politics
Jun 10, 2025
Los Angeles ICE raids fuel controversy over masked agents
The moves have ignited a politically charged debate over whether the agents are protecting their identities or engaging in intimidation tactics.
By spurring the ASEAN countries to deepen cooperation, with one another and with others, U.S. tariffs could bring about an even more prosperous — and, crucially, resilient — grouping.
COMMENTARY / World
Jun 9, 2025
Trump vs. a united ASEAN
By spurring the ASEAN countries to deepen cooperation, U.S. tariffs could bring about an even more prosperous — and, crucially, resilient — grouping.
Japan's gross domestic product shrank at an annualized pace of 0.2% in the three months through March, the revised data showed, confirming the country's economy shrank even before U.S. President Donald Trump amped up tariff pressure in April.
BUSINESS / Economy
Jun 9, 2025
Japan confirms GDP contraction, backing BOJ’s cautious stance
GDP shrank at an annualized pace of 0.2% in the three months through March, a less severe drop than the initial estimate of a 0.7% decline.
Rare-earth magnets in Tianjin, China
WORLD / Politics
Jun 9, 2025
U.S. and China to resume trade talks with focus on rare earth exports
Both sides have accused the other of reneging on a deal in Geneva in May where they tried to start dialing back their trade war.
Ryosei Akazawa, Japan's top tariff negotiator, speaks to reporters in Washington on Friday after holding talks with U.S. officials.
BUSINESS
Jun 8, 2025
Akazawa vows to redouble efforts for tariff accord with U.S.
Ishiba and Trump may hold a bilateral meeting on the sidelines of the three-day Group of Seven summit in Canada from June 15.
U.S. President Donald Trump (R) meets with Chinese President Xi Jinping at the G20 leaders summit in Osaka in 2019.
WORLD / Politics
Jun 8, 2025
Trump’s China gambit belies rocky road ahead on tariff deals
The U.S. president has scheduled a call with Xi Jinping, paving the way for a new round of talks on Monday in London.
Prime Minister Shigeru Ishiba speaks during a forum in Tokyo on May 29.
JAPAN / Politics
Jun 7, 2025
Ishiba and Lee might have first meeting at G7 summit
New South Korean leader Lee Jae-myung will attend the G7 summit in Canada for three days starting June 15, and could meet Prime Minister Shigeru Ishiba.
Ryosei Akazawa, Japan's top negotiator in tariff talks with the U.S. speaks to reporters at the Japanese Embassy in Washington on Friday.
BUSINESS / Economy
Jun 7, 2025
Japan won’t wait for G7 summit for possible U.S. trade deal
Trade discussions between Japan and the U.S. have "progressed” but have not yet reached a consensus on a deal to revisit sweeping U.S. tariffs, Tokyo's top negotiator said.
South Korean President Lee Jae-myung and his wife, Kim Hye-Kyung (left), arrive for a ceremony to mark the 70th Memorial Day at Seoul National Cemetery on Friday.
ASIA PACIFIC / Politics
Jun 7, 2025
South Korea's Lee and Trump agree to work toward swift tariff deal
The future of South Korea's export-oriented economy may hinge on what kind of deal the country's new president, Lee Jae-myung, can strike with U.S. leader Donald Trump.

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