Tag - tariffs

 
 

TARIFFS

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.
Bank of Japan Gov. Kazuo Ueda speaks during a conference hosted by the bank's Institute for Monetary and Economic Studies in Tokyo on Tuesday. Ueda gave the yen a boost by clearly indicating his intention to continue raising the benchmark interest rate if the economy improves as expected.
BUSINESS / Economy
May 27, 2025
Yen rises as Ueda indicates BOJ is still eyeing more rate hikes
The yen rose as high as 142.12 against the dollar immediately after Ueda's remarks.
An activist holds a sign to protest against U.S. tariffs policy at the venue for an APEC trade ministers' meeting in Seogwipo on Jeju island, South Korea, on May 16.
BUSINESS / Economy
May 26, 2025
U.S. demanded South Korea resolve trade imbalance in recent talks: reports
The U.S. repeatedly raised the issue of the trade imbalance in the commodity sector and both countries agreed it was necessary to address it, the reports said.
Malaysian Prime Minister Anwar Ibrahim speaks with the press as he waits to greet leaders before an Association of Southeast Asian Nations (ASEAN) summit in Kuala Lumpur on Monday.
ASIA PACIFIC / Politics
May 26, 2025
ASEAN nations decry Trump tariffs at summit and seek to diversify trade
Malaysian Prime Minister Anwar Ibrahim opened talks by saying that he had written to President Donald Trump seeking a U.S.-ASEAN meeting on the topic.
Japan may offer cooperation on shipbuilding expertise and an Alaska natural gas project as part of trade talks with the United States.
BUSINESS / Economy
May 26, 2025
Japan touts ships expertise and LNG investment, with tariff talks key
There is rising momentum in the negotiations as the U.S. tariffs threaten to drag Japan’s economy into a technical recession ahead of the Upper House election.
Prime Minister Pham Minh Chinh (second from left), the businessman Dang Thanh Tam, (third from left), and Eric and Lara Trump (center) attend a groundbreaking ceremony for a new Trump hotel and golf course in the Hung Yen Province of Vietnam on May 21.
ASIA PACIFIC / Politics
May 26, 2025
Why Vietnam ignored its own laws to fast-track a Trump family golf complex
Hanoi faces intense pressure to strike a trade deal that would head off Trump’s threat of steep tariffs, which would hit about 30% of Vietnam’s exports.
European Commission President Ursula Von der Leyen gestures prior to a meeting at the EU headquarters in Brussels last Wednesday.
BUSINESS / Economy
May 26, 2025
Trump extends deadline for 50% tariffs on EU goods to July 9
U.S. President Donald Trump had threatened to impose a higher, 50% tariff on the EU starting June 1 after complaining the bloc was slow-walking negotiations.
A Boeing 747 from Qatar at Palm Beach International Airport, following President Donald Trump’s tour of the plane, in West Palm Beach, Florida, on Feb. 15. The president and his family have profited from the White House more than any other occupant, normalizing activities that once would have provoked heavy blowback and official investigations.
WORLD / Politics
May 26, 2025
As Trump family monetizes presidency, profits outstrip protests
The scale and the scope of the presidential mercantilism has been breathtaking.
The container terminal at Bremerhaven port in Bremerhaven, Germany, on April 22
BUSINESS
May 26, 2025
Europe’s shipping bottlenecks expected to persist into July
"Port delays are stretching transit times, disrupting inventory planning and pushing shippers to carry extra stock," said maritime consultancy Drewry.
Prime Minister Shigeru Ishiba shows off a gift from U.S. President Donald Trump as they hold a joint news conference at the White House on Feb. 7.
JAPAN
May 25, 2025
Prime Minister Ishiba aims to advance U.S. tariff talks with G7 summit in mind
Speaking to reporters in Kyoto, Ishiba said there has been progress in negotiations, pointing to discussions on trade expansion, nontariff measures and economic security.
Lee Jae-myung, the presidential candidate for South Korea's Democratic Party, prepares for the second televised debate for the upcoming presidential election in Seoul on Friday.
BUSINESS / Economy
May 25, 2025
South Korea presidential front-runner Lee suggests extending U.S. tariff talks
Lee Jae-myung said the deadline to reach a deal needs to be reconsidered to find a mutually beneficial agreement between the two allies.

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