Tag - tariffs

 
 

TARIFFS

Chinese Foreign Minister Wang Yi at the ongoing National People's Congress in Beijing on Friday. Wang said major powers should assume international obligations and not be profit-driven.
ASIA PACIFIC / Politics
Mar 7, 2025
Major powers should not bully the weak, China's top diplomat says
They should assume international obligations and not be profit-driven, Chinese Foreign Minister Wang Yi says.
Nintendo shares sank as much as 9.8% in Tokyo Friday, as U.S. President Donald Trump doubling levies on China means game consoles, mostly made in China, could have higher selling prices in the United States due to heftier import costs.
BUSINESS / Companies
Mar 7, 2025
Nintendo shares plunge on tariff fears as foreign investors retreat
Nintendo sank 9.2% in Tokyo, its biggest intraday drop since the stock market rout on Aug. 5.
U.S. President Donald Trump and Canadian Prime Minister Justin Trudeau in December 2019
BUSINESS / Economy
Mar 7, 2025
'Psychodrama' tariff negotiations frustrate Mexico and Canada
The on-again, off-again tariffs and the high-level discussions surrounding them have exasperated negotiating teams, sources say.
U.S. President Donald Trump is exempting automakers from newly imposed tariffs on Mexico and Canada for one month, the White House said Wednesday, as a temporary reprieve following pleas from industry leaders.
BUSINESS / Economy
Mar 6, 2025
Trump’s tariff pause cheered globally and watched closely in Tokyo
The U.S. president is delaying 25% tariffs on cars from Mexico and Canada and might consider carve-outs for agricultural imports from those countries.
Sony Group President Hiroki Totoki told a news conference last month that the Playstation maker had been preparing for tariffs by building up inventory from its gaming and electronics divisions in the United States.
BUSINESS / Companies / ANALYSIS
Mar 6, 2025
Sony and Suntory build U.S. stockpiles as Japan faces Trump tariff threat
In his latest trade salvo this week, U.S. President Donald Trump hinted that he might target Tokyo next, after imposing tariffs on Mexico and China.
While you need to pass over cash for taxes, don't fall for scams that trick you into paying what you don't owe.
LIFE / Language / BILINGUAL
Mar 6, 2025
Scams, taxes and tariffs: It's that time of year.
Financial scams abound in Japan and a new one uses tax-related terminology.
U.S. President Donald Trump is applauded by Vice President JD Vance (center) and House Speaker Mike Johnson, as Trump arrives to deliver his address to a joint session of Congress at the Capitol in Washington on Tuesday.
WORLD / Politics
Mar 5, 2025
In speech, Trump warns of tariff ‘disturbance’ as he touts trade plans
Data shows new strains on the economy as factory activity stagnates, inflation simmers, consumer confidence ebbs and stocks lag behind equity markets in other countries.
MAGA hats adorn a row of monitors on the floor of the New York Stock Exchange.
BUSINESS / Markets
Mar 5, 2025
Day one of Trump’s trade war delivers wild ride for Wall Street
The S&P 500 index tumbled 2% shortly after the open Tuesday, wiping out its $3.4 trillion advance since Election Day on Nov. 5.
Many Japanese companies are exporting more to the United States to get ahead of U.S. President Donald Trump's tariff threats.
BUSINESS / Companies
Mar 5, 2025
Japanese firms boost exports to U.S. to get ahead of tariffs
Overall, Japanese exports to the U.S. jumped 8.1% in January to ¥1.5 trillion ($10 billion), the highest for the month in at least 19 years.
John Bozzella, president of the International Organisation of Motor Vehicle Manufacturers (OICA), president and CEO of the United States-based Alliance for Automotive Innovation (Auto Innovators), speaks at the Paris Automotive Summit during the 2024 Paris Auto Show on Oct. 15, 2024.
BUSINESS / Markets
Mar 5, 2025
Automakers warn that Trump tariffs will hike vehicle prices as much as 25%
Many in the industry warn that the tariffs will disrupt the integrated supply chain across North America that has been in place for more than 25 years.
Trucks wait in line to cross into the United States near the border customs control at the World Trade Bridge, in Nuevo Laredo, Mexico, last November.
BUSINESS / Economy
Mar 4, 2025
Trade wars intensify as U.S. tariffs on Canada, Mexico and China take force
Beijing condemned the move and swiftly retaliated, saying it would impose 10% and 15% levies on a range of agricultural imports from the United States.
U.S. President Donald Trump said Monday that if Japan and China try to weaken their currencies and put the United States "at a very unfair disadvantage," he could impose fresh tariffs on them.
BUSINESS / Economy
Mar 4, 2025
Trump, claiming Japan guiding yen lower, hints at fresh tariffs
Trump said that if Tokyo tries to weaken its currency and put the U.S. "at a very unfair disadvantage," he could unleash more measures.
A worker assembles electronic car keys at a manufacturing plant in Jalisco State, Mexico, on Feb. 20. The production of key fobs is an example of the benefits of the USMCA free trade agreement, which has simplified manufacturing and supply chains.
BUSINESS / Markets
Mar 3, 2025
The risks of Trump tariffs encapsulated in a car key
Electronic car keys are assembled in Mexico, but can cross borders in North America several times before being finished.
Maersk shipping containers are stored aboard the ‘Albert Maersk’ in Navi Mumbai, India, on Feb. 28.
BUSINESS / Markets
Mar 3, 2025
U.S. tariffs and easing of Middle East tensions threaten reversal of shipping boom
Global liner rates fell 5.9% sequentially in the week ended Feb. 27, after earlier breaking below $3,000 per 12-meter container for the first time since early May
Container cranes at the Port of Vancouver in Vancouver, British Columbia, on Friday
BUSINESS / Economy
Mar 3, 2025
Trump heads toward tariff barrage on Canada, Mexico and China
The long-promised tariffs scheduled to take effect Tuesday would easily be among the most sweeping of the Trump era, applying to roughly $1.5 trillion in annual imports.
Chinese President Xi Jinping
BUSINESS / Markets
Mar 3, 2025
Xi prepares to unveil China stimulus plan as trade war heats up
AI breakthroughs and Xi’s recent embrace of private entrepreneurs have driven a rally ahead of the National People’s Congress.
U.S. President Donald Trump’s brinkmanship puts North America back on the precipice of a trade war, which economists say would hurt U.S. growth, worsen inflation and possibly spark recessions in Mexico and Canada.
BUSINESS
Feb 28, 2025
Trump says Canada and Mexico tariffs to take effect, and adds new China duty
Trump said 25% tariffs on Canada and Mexico are on track to go into place on March 4, and said he would impose an additional 10% tax on Chinese imports.
U.S. President Donald Trump hosts his first cabinet meeting at the White House in Washington on Wednesday.
BUSINESS
Feb 27, 2025
Trump sows confusion on timing of tariffs for Canada and Mexico
Trump's comments on the timing of the tariffs prompted jumps in the value of the Canadian dollar and Mexican peso versus the greenback.
Both Canadian Prime Minister Justin Trudeau and Conservative Leader Pierre Poilievre have called for placing levies on the U.S. that are similar to those the U.S. places on Canada.
COMMENTARY / World
Feb 26, 2025
Something is rotten in Canada
So while Trump is right to say Canada’s trade surplus with the U.S. has grown, he’s wrong about why it has expanded.
Masanori Katayama (center), chairman of the Japan Automobile Manufacturers' Association, speaks during a meeting with trade and industry minister Yoji Muto at the ministry on Tuesday.
BUSINESS / Companies
Feb 26, 2025
Japanese auto industry seeks government help against U.S. tariffs
U.S. President Donald Trump said last week he wants to impose 25% tariffs on imports of autos as soon as April 2.

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Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
Can a World Expo still matter? Japan is about to find out.