Tag - tariffs

 
 

TARIFFS

Chief tariff negotiator Ryosei Akazawa in Osaka on Saturday. On Monday, Akazawa flew to the United States for another round of tariff negotiations.
BUSINESS / Economy
Jul 21, 2025
Akazawa jets to Washington for tariff talks after historic election
If an agreement with the U.S. can't be reached before Aug. 1, the "reciprocal" tariff rate imposed by the administration of U.S. President Donald Trump rises to 25%.
Shipping containers at Barcelona port
BUSINESS
Jul 21, 2025
EU to prepare retaliation plan as U.S. trade stance hardens
The overwhelming preference is to keep negotiations with Washington on track in a bid for an outcome to the impasse ahead of next month’s deadline.
China’s use of exit bans has been a point of contention between Beijing and Washington.
ASIA PACIFIC
Jul 21, 2025
China stops U.S. Department of Commerce worker from leaving country: reports
China’s use of exit bans has been a point of contention between Beijing and Washington.
A military aircraft is seen on a giant screen showing news footage about joint military drills carried out by the Chinese People's Liberation Army, outside a shopping mall in Beijing on April 1.
ASIA PACIFIC / Politics
Jul 21, 2025
China and Vietnam plan first joint army drill amid U.S. tariffs
The exercise will take place in southern China’s Guangxi region, which borders Vietnam.
A Dole Food Company worker rakes coffee cherries for them to dry at the company's Waialua coffee and cocoa farm on the North Shore of Oahu, Hawaii, in November 2011.
BUSINESS / Economy
Jul 20, 2025
Trump tariffs spell trouble for Hawaii’s few coffee farmers
Coffee is more popular in the U.S. than even bottled water, with two-thirds of Americans drinking it every day.
Prime Minister Shigeru Ishiba, who serves concurrently as  president of the Liberal Democratic Party, delivers a campaign speech in Yokohama on July 6.
JAPAN / Politics / FOCUS
Jul 19, 2025
Japan's minority government faces election snub as economic storm brews
Prime Minister Shigeru Ishiba's LDP and its partner Komeito are forecast to lose their majority in a repeat of last year's Lower House election.
Prime Minister Shigeru Ishiba, who serves concurrently as leader of the ruling Liberal Democratic Party, waves to voters from atop an election campaign van during a rally Friday in Yokohama for Sunday's Upper House election.
JAPAN / Politics / FOCUS
Jul 19, 2025
Ishiba's future in balance as polls hint at rout in Upper House election
Prime Minister Shigeru Ishiba likes the nitty gritty of policy, cigarettes and making models, but his dream job as Japanese leader could go up in smoke this weekend.
U.S. President Donald Trump steps on stage to deliver remarks at the Salute to America Celebration at the Iowa State Fairgrounds in Des Moines on July 3.
BUSINESS / Economy
Jul 19, 2025
Trump aims tariff double whammy at industries and nations by Aug. 1
In addition to measures on copper, the U.S. has discussed making announcements on lumber, chips, critical minerals and drugs, in that order, though this may change.
Former Brazilian President Jair Bolsonaro attends an interview in Brasilia on Friday.
WORLD / Politics
Jul 19, 2025
Defiant Bolsonaro says he is the one to stop Lula, China and Trump tariffs
Brazil's right-wing former president cast himself as the man to renegotiate U.S. tariffs, curb Chinese influence and beat back leftists in Brazil.
South African Deputy Minister of Finance David Masondo (left), Minister of Finance Enoch Godongwana (center) and South African Reserve Bank Gov. Lesetja Kganyago address a closing news conference on the last day of a meeting of Group of 20 finance ministers and central bank governors meeting in Durban, South Africa on Friday.
BUSINESS / Economy
Jul 19, 2025
G20 communique delivers rare show of unity amid Trump trade war
U.S. tariffs have strained the G20’s multilateral foundations and complicated South Africa’s efforts — as this year’s rotating president — to keep the group’s agenda on course.
Prime Minister Shigeru Ishiba with U.S. Treasury Secretary Scott Bessent before a meeting at the Prime Minister's Office in Tokyo on Friday.
BUSINESS / Economy
Jul 19, 2025
Ishiba and Bessent say 'good' trade agreement still possible
Prime Minister Shigeru Ishiba urged U.S. Treasury chief Scott Bessent to continue talks with Japan’s chief negotiator to achieve a win-win deal.
A Sanseito campaign van in Shinjuku. The populist party is gaining ground and challenging the more centrist parties.
BUSINESS / Economy
Jul 18, 2025
Japanese markets brace for triple whammy if opposition wins big
Bonds, stocks and the yen could be destabilized if spendthrift parties gain influence.
A member of staff works on a production line that manufactures small metal coils at Mitsuwa Electric in Tokyo on July 11.
BUSINESS / Companies
Jul 18, 2025
Japan's smaller firms say they are ready to adapt to Trump tariffs
Millions of small- and medium-sized firms that make up 99.7% of Japan's companies are world-class in their specialist niche, giving rise to confidence about weathering tariffs.
"Japan said that tariffs aren’t really the right tool to fix excessive current accounts imbalances,” Finance Minister Katsunobu Kato told reporters Thursday.
BUSINESS / Economy
Jul 18, 2025
Finance minister says tariffs not right tool to fix trade imbalances
Katsunobu Kato's comments come as the global economy braces for higher U.S. tariffs.
Once seen as an unlikely prime minister, Shigeru Ishiba has struggled to deliver on promises, mishandled ties with U.S. President Donald Trump and now faces an election where the odds don’t look good for his party to come out victorious.
COMMENTARY / Japan
Jul 18, 2025
A trade deal fumble could be Ishiba’s last mistake
Ishiba already leads a coalition that lacks a majority in the Lower House, and another bad showing Sunday will likely mean Japan is looking for its third leader in as many years.
Mazda employees walk at the company's main plant in the town of Fuchu, Hiroshima Prefecture, on Tuesday.
BUSINESS / Companies
Jul 18, 2025
Japan voters see little hope for tariff reprieve in carmaker Mazda's hometown
The economic engine of Hiroshima Prefecture faces U.S. tariffs of 25% on cars, a dispiriting prospect for an electorate already battling inflation.
Campaign posters in Tokyo. Voters in Japan put immediate economic issues ahead of longer-term concerns about the effects of tariffs.
BUSINESS / Economy
Jul 17, 2025
Trump tariffs fail to register with Japanese voters ahead of key election
Only 8% of voters surveyed by NHK rated tariffs as their top priority.
Since the Sino-U.S. trade conflict began in 2018, China has used it to strengthen self-reliance, sharpen its strategies and turn Donald Trump’s tariffs into fuel for its long-term global resilience. 
COMMENTARY / World
Jul 17, 2025
China is winning Donald Trump’s trade war
While China does not want a trade war or to decouple, it is willing to risk a trade war that the United States may lose — and it would rather decouple than kowtow to Trump.
Exports measured by value dropped 0.5% in June from a year earlier, apparently reflecting the impact from U.S. President Donald Trump's tariffs.
BUSINESS / Companies
Jul 17, 2025
Japan’s exports fall as U.S. tariffs stoke recession risks
Exports measured by value dropped 0.5% in June from a year earlier, led by cars and steel, the Finance Ministry reported.
U.S. President Donald Trump in the Great Hall of the People in Beijing in 2017. Six months into his second term, Trump has softened his harsh campaign rhetoric that focused on the U.S.’ massive trade deficit with China and resulting job losses.
WORLD / Politics
Jul 17, 2025
Trump softens tone on China to secure Xi summit and a trade deal
U.S. President Donald Trump's warmer posture toward China contrasts with his threats against other trading partners to ravage their economies with crushing tariffs.

Longform

Tetsuzo Shiraishi, speaking at The Center of the Tokyo Raids and War Damage, uses a thermos to explain how he experienced the U.S. firebombing of March 1945, when he was just 7 years old.
From ashes to high-rises: A survivor’s account of Tokyo’s postwar past