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April 25, 2025
 

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TARIFFS

Bank of Japan Gov. Kazuo Ueda
BUSINESS / Economy
Apr 16, 2025
Trump’s tariffs may spur policy response from BOJ, Sankei reports
Bank of Japan Gov. Kazuo Ueda's policy comments reinforce speculation that authorities aren’t likely to consider a near-term rate hike.
Facing a new round of U.S. tariffs, China may devalue the yuan — possibly by as much as 20% — if fiscal stimulus falls short, risking a global currency war as it fights to meet its growth target.
COMMENTARY / Japan
Apr 16, 2025
When will China start to devalue the yuan?
One way to think about China’s currency policy is its fiscal stance. Unless Beijing brings out the stimulus bazooka, devaluing the yuan might be the most expedient option.
The Canton Fair in Guangzhou, China, on Tuesday
BUSINESS / Economy
Apr 16, 2025
Ground zero of China trade boom reckons with decoupling from U.S.
"The China-U.S. relation is beyond salvation — this change of gears is irreversible,” said the China director at a political risk consultancy.
Prime Minister Shigeru Ishiba (center) at the Prime Minister's Office on Tuesday
JAPAN
Apr 16, 2025
Japan unlikely to compile extra budget now
Prime Minister Shigeru Ishiba believes it is necessary to closely monitor the impact of U.S. President Donald Trump's tariff policy.
Chinese President Xi Jinping (left) speaks to Communist Party of Vietnam chief To Lam in Hanoi on Monday.
ASIA PACIFIC / Politics
Apr 16, 2025
Xi’s visit shows Vietnam’s balancing act amid looming U.S. tariffs
Hanoi’s initial silence on the Chinese president's request to jointly oppose "unilateral bullying” shows its attempt to walk a tightrope between the two powers.
Recently, private companies have sharply increased rice imports while paying high tariffs, against the backdrop of shortages of rice as a staple food.
JAPAN
Apr 15, 2025
Finance Ministry calls for increasing tariff-free rice imports
Recently, private companies have sharply increased rice imports while paying high tariffs, against the backdrop of shortages of rice as a staple food.
The Bank of Japan will likely postpone raising interest rates due to uncertainties stemming from U.S. tariff measures that could deal a blow to Japan’s economy, a former executive director said.
BUSINESS / Economy
Apr 15, 2025
BOJ will likely put rate hike aside for now, ex-official says
"They will be in a wait-and-see mode for a while,” said Kenzo Yamamoto, a former executive at the Bank of Japan.
Taro Kitabayashi, chief executive officer of Norinchukin Bank, during an interview in Tokyo, on April 9. Kitabayashi said the bank finished selling off its unprofitable U.S. Treasury holdings by the end of March, thus avoiding the volatility last week as Trump’s trade policies whipsawed markets.
BUSINESS / Companies
Apr 15, 2025
Norinchukin dodges Trump’s market chaos after selling Treasuries
New Chief Executive Taro Kitabayashi said the bank finished selling off its unprofitable U.S. Treasury holdings by the end of March.
The U.S. Commerce Department has begun investigating how semiconductors and pharmaceuticals impact national security.
BUSINESS / Economy
Apr 15, 2025
Trump initiates chips and drug probes, ahead of more tariffs
The moves, announced Monday in the Federal Register, are a precursor to imposing tariffs and threaten to broaden the president’s sweeping U.S. trade war.
U.S. President Donald Trump and Prime Minister Shigeru Ishiba hold a news conference at the White House in Washington on Feb. 7. Tokyo's focus on economic strength to promote security contrasts with Washington's current era of unpredictability.
COMMENTARY / Japan
Apr 15, 2025
For real national security, try a Japanese perspective
Genuine national security starts from a strong economy, one that provides for its citizens, incentivizes growth, production and wealth, and invites foreign participation.
Toyota and Lexus cars and sport utility vehicles unloaded from car carrier ships to the Toyota Logistics Services automotive processing terminal at the Port of Long Beach in Long Beach, California, on Thursday
BUSINESS / Economy
Apr 15, 2025
Trump floats temporary reprieve for autos as parts tariffs loom
The president said he is exploring exemptions to his tariffs on imported vehicles and parts to give auto companies more time to set up manufacturing in the U.S.
Chinese leader Xi Jinping shakes hands with Vietnam's National Assembly Chairman Tran Thanh Man, in Hanoi on Monday.
ASIA PACIFIC / Politics
Apr 15, 2025
Xi urges Vietnam to join China in opposing ‘unilateral bullying’
The two countries signed a total of 45 deals covering areas including connectivity, AI, customs inspection, agricultural trade, culture and sports, among others.
In Europe, the PS5 digital edition will now cost €499.99 ($570.04), PlayStation said, while in Britain its price will be £429.99 ($566.53).
BUSINESS
Apr 14, 2025
Sony announces PS5 price hikes in some regions
The price of the PS5 digital edition, which has no disk drive, will rise by more than 10% in Europe, Britain and Australia.
Maryland Gov. Wes Moore during an interview in Tokyo. The governor is in Japan on a four-day trade and investment mission.
BUSINESS / Economy
Apr 14, 2025
Maryland governor talks trains and trade while in Japan
Gov. Wes Moore said he believes the Northeast Maglev — which may use technology from Japan — could transform the region's economy.
Prime Minister Shigeru Ishiba speaks during a Lower House Budget Committee session on Monday.
BUSINESS / Economy
Apr 14, 2025
Japan avoids tariff confrontation ahead of crucial U.S. trade talks
Prime Minister Shigeru Ishiba again ruled out imposing retaliatory measures, arguing that escalation would not serve the country’s national interest.
Chinese leader Xi Jinping waves as he arrives for a two-day state visit at Hanoi's Noi Bai International Airport in Hanoi on Monday.
ASIA PACIFIC / Politics
Apr 14, 2025
Xi seeks to win with Southeast Asia trip as Trump pauses some tariffs
Xi arrived in Vietnam on Monday and was due to visit Malaysia and Cambodia later this week, just days after Trump raised tariffs on China but gave everyone else a 90-day pause.
While U.S. President Donald Trump has imposed new tariffs on nearly every country in the world, China is clearly his primary target.
COMMENTARY / World
Apr 14, 2025
How should Beijing respond to Trump’s tariffs?
Many are already comparing it to President Herbert Hoover’s 1930 Smoot-Hawley Tariff Act, which slashed global trade by 66% in five years and deepened the Great Depression.
The yen rose 2.3% against the dollar last week and hit its strongest level since September on Friday.
BUSINESS
Apr 14, 2025
Hedge funds and asset managers boost bullish yen bets amid tariffs
The yen has been one of the best performers against the dollar this month as investors anticipate that the trade war may hurt global economic growth.
U.S. President Donald Trump holds a chart next to Secretary of Commerce Howard Lutnick as Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington on April 2.
BUSINESS / Economy
Apr 14, 2025
Trump warns tariffs are coming for electronics after reprieve
The American president downplayed a weekend exemption as a procedural step in his overall push to remake U.S. trade.
The Trump administration, in a desperate bid to cushion trade war inflation, is pushing for cheap oil, but $50-a-barrel will ultimately widen the very trade deficit the U.S. president wants to reduce.
COMMENTARY / World
Apr 13, 2025
$50-a-barrel oil is a problem for the U.S. trade deficit
If oil prices fall to $50, under that scenario, total petroleum production in America will probably decline by 1 million barrels a day by the end of 2025.
Amid uncertain tariffs, is now the time to buy a new iPhone?
An Apple store in Tokyo's Shibuya Ward in September. Prices for the newest iPhone models start at around ¥100,000 ($700) in Japan.
Japan must correct Trump’s false data for trade talks, says Kono
Former Foreign Minister Taro Kono
Japan wants to 'separate' tariff and security issues. That may be tough.
Japan’s chief tariff negotiator, Ryosei Akazawa, poses with a "Make America Great Again" cap at the White House in Washington on April 16.
Social media helps fuel growing 'sex tourism' in Japan
People walk down a street in the red-light entertainment area of Kabukicho in the Shinjuku district of Tokyo on March 31.
Japan set to fine cyclists on the spot for rule violations from 2026
Under new rules, those who use smartphones while riding a bicycle would be subject to the maximum fine of ¥12,000.
Amid uncertain tariffs, is now the time to buy a new iPhone?
An Apple store in Tokyo's Shibuya Ward in September. Prices for the newest iPhone models start at around ¥100,000 ($700) in Japan.
Built in a flash, Osaka Expo pavilions wrestle with sustainability
Kengo Kuma & Associates oversaw the construction of the Malaysia pavilion, which is encased in interwoven rows of bamboo that appear to ripple.
Japan weighs using U.S. rice imports as tariff negotiation tool with Trump
A restaurant owner pours California-grown Calrose rice into a rice cooker at his restaurant in Tokyo
Is Japan’s parliament ready to welcome more youth to its ranks?
Lower House lawmaker Kai Odake in his Tokyo office on Wednesday
Crow meat, goat tartare: Mauvaise Herbe raises its game
Crow meat, shaped into a ball and attached to a foot of the bird, is one of the peculiar offerings of game at Mauvaise Herbe.

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One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
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SUSTAINABLE JAPAN

Tsukuba massif granite, one of the world’s few heritage stones
Tsukuba massif granite, one of the world’s few heritage stones

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