Tag - tariffs

 
 

TARIFFS

U.S. President Donald Trump speaks to reporters aboard Air Force One on Tuesday.
BUSINESS / Economy
Jul 2, 2025
Trump hammers away at Japan for a third day, threatening 35% duties 
The U.S. president said he might simply end negotiations and set a tariff rate for Japanese products.
U.S. President Donald Trump speaks to reporters aboard Air Force One on Tuesday.
BUSINESS / Economy
Jul 2, 2025
Trump doubles down on Japan again by threatening 35% tariff
Japan is currently subject to 25% auto tariffs and a 50% tariff on steel and aluminum, as well as a 10% reciprocal tariff that could return to 24% if no deal is struck by July 9.
The Bank of Japan's latest <i>tankan</i> survey beat consensus forecasts as the economy held up better than expected.
BUSINESS / Economy
Jul 1, 2025
Large Japanese companies surprisingly optimistic as U.S. tariffs bite 
In the tankan survey, automakers and smaller companies were relatively pessimistic.
Ryosei Akazawa, Japan’s chief tariff negotiator, leaves for Washington on Thursday for his seventh round of trade talks with the United States.
BUSINESS / Economy
Jul 1, 2025
Japan-U.S. trade negotiations stall as Trump fumes 
The two sides remain far apart, and no new talks are scheduled.
Prime Minister Shigeru Ishiba and U.S. President Donald Trump hold a news conference at the White House on Feb. 7. Trade disputes, defense disagreements and diverging views on the Middle East have strained U.S.-Japan relations.
COMMENTARY / Japan
Jul 1, 2025
Is the shine coming off the U.S.-Japan ‘Golden Age’?
Trade talks between the two countries, initially expected to yield a quick agreement, have become a slog with the July 9 deadline fast approaching.
U.S. President Donald Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington in April.
BUSINESS / Economy
Jul 1, 2025
Trump floats Japan tariff as top adviser says deals to come after July 4
The U.S. president cited what he said was Japan's unwillingness to accept U.S. rice exports, the latest round of brinkmanship before a July 9 deadline for higher tariffs.
Japanese seafood in a supermarket in Hong Kong in July 2023
JAPAN
Jun 30, 2025
China partially lifts ban on Japanese seafood imports in bid to ease frictions
Tokyo labeled the move “a major turning point,” though improving the relationship still faces hurdles over China’s military moves near Japan.
U.S. Secretary of Commerce Howard Lutnick met with Ryosei Akazawa, Japan’s chief tariff negotiator, on Friday.
BUSINESS / Economy
Jun 30, 2025
Japan-U.S. trade negotiations deadlocked after months of fruitless talks
Trump's comments on Sunday suggest he is in no mood to compromise on tariffs.
Rice paddies in the city of Asahikawa, Hokkaido. Rice is a major crop for Hokkaido, with the region having produced 562,400 tons of it last year.
BUSINESS / Economy / Regional Voices: Hokkaido
Jun 30, 2025
U.S. import pressure raises concerns for Hokkaido agriculture
The U.S. is nudging Japan to import more rice, soybeans, and maize — vital crops that support Hokkaido's economy.
Canadian Prime Minister Mark Carney speaks at a news conference during a NATO summit in The Hague last Wednesday.
BUSINESS / Economy
Jun 30, 2025
Canada rescinds digital services tax to advance stalled U.S. trade talks
Canadian Prime Minister Mark Carney and U.S. President Donald Trump will resume trade negotiations in order to agree on a deal by July 21, Ottawa said.
Jerome Powell, Chairman of the Board of Governors of the Federal Reserve System, in Washington on June 24. The question of how to handle the fallout from White House decisions may loom large as Powell is set to speak on a panel with peers from the euro zone, Japan, South Korea and the U.K.
BUSINESS / Markets
Jun 30, 2025
Powell and Lagarde count cost of Trump’s turbulence
At the halfway point of 2025, global policy is almost paralyzed by the need to navigate risks posed both to inflation and growth in the wake of Trump’s actions.
Japan's factory output in May fell 1.8% from a year earlier, missing expectations of a 1.6% rise.
BUSINESS / Economy
Jun 30, 2025
Japan’s factory output misses expectations as U.S. tariffs hit
Industrial production increased 0.5% from the previous month, the industry ministry reported Monday.
Beachgoers wait in an underground bomb shelter after sirens sounded to warn of an incoming Iranian missile attack in Tel Aviv on June 20. Iran has found itself humbled after a ceasefire was declared but retains plenty of capacity to hit back.
WORLD / Politics
Jun 30, 2025
Israel emerges stronger from Iran war but risks blowback
Israel building military positions beyond its borders in Syria and Lebanon opened the country to risks of repercussions from regional partners wary of its assertiveness.
A Trump hat on the floor of the New York Stock Exchange on June 18
BUSINESS / Markets
Jun 30, 2025
Trump deals poised to fall short of sweeping global trade reform
Trump and his advisers have left investors on edge ahead of July 9, offering cryptic signals about which countries were close to agreements and which were off track.
U.S. President Donald Trump and Canadian Prime Minister Mark Carney take part in an arrival ceremony during the Group of Seven leaders' summit in Kananaskis, Alberta, on June 16.
BUSINESS / Economy / FOCUS
Jun 29, 2025
Trump turns on ‘nice’ Mark Carney with Canadian tech tax ultimatum
The tax became law while Justin Trudeau was still in power and had prompted warnings of U.S. retaliation but Carney went ahead anyway.
Japan's chief tariff negotiator, Ryosei Akazawa, speaks to reporters at Tokyo's Haneda Airport on Thursday, before departing for talks on U.S. tariffs in Washington.
BUSINESS / Economy
Jun 28, 2025
Japan and U.S. to continue tariff talks as July deadline looms
One focus of the bilateral negotiations is whether the suspension of additional "reciprocal" tariffs on Japan will be extended.
U.S. Treasury Secretary Scott Bessent speaks to members of the media after a Senate Republican policy luncheon at the U.S. Capitol in Washington on Friday.
BUSINESS / Economy
Jun 28, 2025
Tariff deals could be wrapped up by Sept. 1, Bessent says as talks pick up
The U.S. Treasury chief did not mention any changes to a July 9 deadline for countries to reach deals with the United States or see tariffs spike higher.
Canadian Prime Minister Mark Carney and U.S. President Donald Trump arrive for a family photo during the Group of Seven leaders' summit at the Kananaskis Country Golf Course in Kananaskis, Alberta, on June 16.
BUSINESS / Economy
Jun 28, 2025
Trump halts trade talks with Canada, shattering optimism over tariff deals
The move came just hours after U.S. Treasury Secretary Scott Bessent struck an upbeat tone on trade, saying deals could be reached by Sept. 1.
Toyota’s global sales that include subsidiaries Daihatsu and Hino reached 955,532 vehicles last month, up 8% from a year earlier.
BUSINESS / Companies
Jun 27, 2025
Toyota sales hit third monthly record on Japan and U.S. demand
Toyota’s global sales — including subsidiaries Daihatsu and Hino — rose 8% from a year earlier to reach 955,532 vehicles in May.
A monitor in Tokyo on Friday shows the 225-issue Nikkei average exceeding 40,000 for the first time since January.
BUSINESS / Markets
Jun 27, 2025
Nikkei hits 40,000 level as trade hopes fuel Japan stock rally
Exporters such as carmakers were among the biggest contributors to gains.

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