Tag - tariffs

 
 

TARIFFS

A man checks a mainboard at an assembly line to produce ventilators at a Vsmart factory outside Hanoi in 2020.
BUSINESS / Economy
Jun 16, 2025
U.S. pushes Vietnam to decouple from Chinese tech, sources say
Local firms have expressed a general willingness to adapt, but many warned that instant changes "would destroy business."
Rare earths from Australia's Mount Weld mine. Japanese companies have a supply agreement with a company that sources rare earths from the mine.
BUSINESS / Economy / FOCUS
Jun 16, 2025
Japan and the U.S. face challenges in economic security discussions
In their trade negotiations, the subject is much discussed, especially as rare earths become an issue.
A defiant U.S. President Donald Trump attend the 44th Group of Seven gathering in Charlevoix, Canada, in 2018.
WORLD / Politics
Jun 16, 2025
Trump returns to G7 he once loathed as Iran crisis intensifies
President Donald Trump arrives in Canada as the center of attention for a Group of Seven summit of world leaders whose main purpose will be to mollify him.
Prime Minister Shigeru Ishiba speaks to reporters at the Prime Minister's Office in Tokyo on Sunday ahead of his departure for a Group of Seven leaders' summit in Canada.
JAPAN / Politics
Jun 16, 2025
Ishiba arrives in Canada for G7, with Trump trade deal on his mind
The Japanese leader hopes to persuade U.S. President Donald Trump to drop trade tariffs that have imperiled his country's economy.
A man works at the site of a rare earth metals mine at Nancheng county, in China's Jiangxi province, in October 2010.
ASIA PACIFIC / Politics
Jun 15, 2025
U.S.-China trade truce leaves military-use rare earth issue unresolved
The renewed U.S.-China trade truce left a key area of export restrictions tied to national security untouched, an unresolved conflict that threatens a more comprehensive deal.
Ryosei Akazawa, Japan's economic revitalization minster, speaks to members of the media in Washington on Friday.
BUSINESS / Economy
Jun 15, 2025
Japan and U.S. trade negotiators spoke again Saturday
Japan's top tariff negotiator, Ryosei Akazawa, and U.S. Commerce Secretary Howard Lutnick spoke by phone and explored the possibility of a trade deal.
Ryosei Akazawa, Japan's top tariff negotiator, speaks to reporters in Washington on Friday.
BUSINESS / Economy
Jun 14, 2025
Japan seeks possibility of trade deal with U.S. as G7 summit looms
Japan's top tariff negotiator offered no hint whether a deal could be announced at the upcoming G7 summit in Canada.
U.S. President Donald Trump holds a joint news conference with Prime Minister Shigeru Ishiba at the White House in February.
BUSINESS
Jun 13, 2025
In phone talks, Ishiba and Trump confirm meeting next week to discuss tariffs
The call came as Japan's top tariff negotiator gets set for a sixth round of discussions with his U.S. counterparts over Trump's tariffs.
Bank of Japan officials now see inflation slightly outpacing earlier forecasts, potentially paving the way for rate hike talks if global trade tensions subside, sources say.
BUSINESS / Economy
Jun 13, 2025
BOJ is said to see inflation running stronger than expected
Some officials see the relative strength in inflation reflecting a change in price-setting behavior with sharp increases in the price of rice likely to harden inflationary views.
Japan’s top trade negotiator Ryosei Akazawa speaks to reporters Friday at Haneda Airport in Tokyo before heading to Washington.
BUSINESS
Jun 13, 2025
Akazawa sees a deal with U.S. sparing Japan from higher car levies
Akazawa heads to the U.S. as the two nations eye a potential trade deal out of an expected summit in Canada between Trump and Prime Minister Shigeru Ishiba.
U.S. President Donald Trump's tactics, which may work with Elon Musk, are unlikely to succeed with China, where strategic leverage and national security concerns make such coercive methods ineffective.
COMMENTARY / World
Jun 13, 2025
Donald Trump’s antics may work with Elon Musk, but not with China
Trump’s tactics may work against Elon Musk given that his administration has leverage over Musk’s critical business activities. But with China, it does not.
U.S. President Donald Trump came into office promising to radically remake the U.S.-China trade relationship.
ASIA PACIFIC / Politics
Jun 13, 2025
For Trump, resolving U.S.-China trade fight comes at a cost
The back-and-forth to seal a deal with Beijing exposed that key U.S. industries are reliant on magnets largely sourced from China.
Prime Minister Shigeru Ishiba speaks to reporters at the Prime Minister's Office after holding talks with opposition leaders Thursday.
BUSINESS
Jun 12, 2025
Japan and U.S. still far apart in tariff talks, Ishiba cited as saying
Ishiba is expected to meet U.S. President Donald Trump on the sidelines of the Group of Seven leaders gathering in Canada starting Sunday, but a deal is far from certain.
U.S. Secretary of Treasury Scott Bessent and Chinese Vice Premier He Lifeng shake hands at Lancaster House in London on Monday.
BUSINESS
Jun 12, 2025
Deal to get U.S.-China trade truce back on track is done, Trump says
The deal removes Chinese export restrictions on rare earth minerals and allows Chinese students access to U.S. universities.
Nike branded shoes on display at a store in Ho Chi Minh City, Vietnam, on April 11
BUSINESS / Companies
Jun 12, 2025
Vietnam trade envoy meets U.S. execs at Nike and Walmart ahead of tariff talks
Vietnam has engaged in weeks of intense diplomacy with the U.S. — the largest export market of the trade-reliant country — as it seeks to avert a threatened 46% tariff.
The Business Sentiment Index for large firms registered minus 1.9 for the April-June quarter, slipping into negative territory for the first time since the first quarter of 2024.
BUSINESS
Jun 12, 2025
Japan’s firms see business climate worsen amid U.S. tariff hits
The Business Sentiment Index for large firms slipped into negative territory for the first time since the first quarter of 2024.
Jera's LNG agreements with U.S. suppliers bolster Japan’s role as the world’s second-largest LNG importer, and come as U.S. President Donald Trump is pushing to expand exports of the fuel.
BUSINESS / Companies
Jun 12, 2025
Jera touts 20-year LNG agreements with U.S. suppliers
Japan’s largest power generation company has reached agreements to buy as much as 5.5 million tons per year of liquefied natural gas from U.S. suppliers.
World Bank Deputy Chief Economist Ayhan Kose speaks during an interview on Monday in Washington.
BUSINESS / Economy
Jun 11, 2025
World Bank sees Japan's growth slowing in 2025
The institution has lowered its 2025 growth estimate for Japan's gross domestic product to 0.7% in inflation-adjusted real terms.
As the administration of U.S. President Donald Trump does not respect multilateralism, former Japanese Ambassador to the United States Ichiro Fujisaki warned the president may start saying his country will no longer participate in the G7 summit.
JAPAN / Politics
Jun 11, 2025
Former Japan envoy to U.S. calls for avoiding Trump's isolationist policies at G7
Former Japanese Ambassador to the United States Ichiro Fujisaki warned U.S. President Donald Trump may start saying his country will no longer participate in the summit.
U.S. Commerce Secretary Howard Lutnick speaks to members of the media at Lancaster House in London on Tuesday.
BUSINESS / Economy
Jun 11, 2025
U.S. and China officials agree on plan to ramp down trade tensions
Officials on both sides expressed optimism but the framework must now be approved by leaders in Washington and Beijing.

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