Tag - tariffs

 
 

TARIFFS

Ryosei Akazawa, Japan’s chief tariff negotiator, is expected to head to Washington soon for a sixth round of high-level trade talks with the United States.
BUSINESS / Economy
Jun 10, 2025
Akazawa talks of 'dense fog' in U.S. trade talks ahead of G7 summit
Japan is sticking to its demand that all new tariffs be removed, the country's tariff czar insists.
Members of law enforcement operate amid a standoff between police and protesters following multiple detentions by Immigration and Customs Enforcement (ICE), in the Los Angeles County city of Compton, California, on Saturday.
WORLD / Politics
Jun 10, 2025
Los Angeles ICE raids fuel controversy over masked agents
The moves have ignited a politically charged debate over whether the agents are protecting their identities or engaging in intimidation tactics.
By spurring the ASEAN countries to deepen cooperation, with one another and with others, U.S. tariffs could bring about an even more prosperous — and, crucially, resilient — grouping.
COMMENTARY / World
Jun 9, 2025
Trump vs. a united ASEAN
By spurring the ASEAN countries to deepen cooperation, U.S. tariffs could bring about an even more prosperous — and, crucially, resilient — grouping.
Japan's gross domestic product shrank at an annualized pace of 0.2% in the three months through March, the revised data showed, confirming the country's economy shrank even before U.S. President Donald Trump amped up tariff pressure in April.
BUSINESS / Economy
Jun 9, 2025
Japan confirms GDP contraction, backing BOJ’s cautious stance
GDP shrank at an annualized pace of 0.2% in the three months through March, a less severe drop than the initial estimate of a 0.7% decline.
Rare-earth magnets in Tianjin, China
WORLD / Politics
Jun 9, 2025
U.S. and China to resume trade talks with focus on rare earth exports
Both sides have accused the other of reneging on a deal in Geneva in May where they tried to start dialing back their trade war.
Ryosei Akazawa, Japan's top tariff negotiator, speaks to reporters in Washington on Friday after holding talks with U.S. officials.
BUSINESS
Jun 8, 2025
Akazawa vows to redouble efforts for tariff accord with U.S.
Ishiba and Trump may hold a bilateral meeting on the sidelines of the three-day Group of Seven summit in Canada from June 15.
U.S. President Donald Trump (R) meets with Chinese President Xi Jinping at the G20 leaders summit in Osaka in 2019.
WORLD / Politics
Jun 8, 2025
Trump’s China gambit belies rocky road ahead on tariff deals
The U.S. president has scheduled a call with Xi Jinping, paving the way for a new round of talks on Monday in London.
Prime Minister Shigeru Ishiba speaks during a forum in Tokyo on May 29.
JAPAN / Politics
Jun 7, 2025
Ishiba and Lee might have first meeting at G7 summit
New South Korean leader Lee Jae-myung will attend the G7 summit in Canada for three days starting June 15, and could meet Prime Minister Shigeru Ishiba.
Ryosei Akazawa, Japan's top negotiator in tariff talks with the U.S. speaks to reporters at the Japanese Embassy in Washington on Friday.
BUSINESS / Economy
Jun 7, 2025
Japan won’t wait for G7 summit for possible U.S. trade deal
Trade discussions between Japan and the U.S. have "progressed” but have not yet reached a consensus on a deal to revisit sweeping U.S. tariffs, Tokyo's top negotiator said.
South Korean President Lee Jae-myung and his wife, Kim Hye-Kyung (left), arrive for a ceremony to mark the 70th Memorial Day at Seoul National Cemetery on Friday.
ASIA PACIFIC / Politics
Jun 7, 2025
South Korea's Lee and Trump agree to work toward swift tariff deal
The future of South Korea's export-oriented economy may hinge on what kind of deal the country's new president, Lee Jae-myung, can strike with U.S. leader Donald Trump.
U.S. President Donald Trump speaks during an event in the Oval Office of the White House in Washington on May 28.
BUSINESS
Jun 7, 2025
Trump says China's Xi agreed to let rare earth minerals flow to U.S.
Trump's comment came one day after a rare call with Xi aimed at resolving trade tensions that have been brewing over the topic for weeks.
U.S. President Donald Trump meets with Chinese leader Xi Jinping at the Group of 20 summit in Osaka in June 2019.
BUSINESS / Economy / FOCUS
Jun 7, 2025
Xi bets Trump detente leads to future wins on chips and tariffs
The Chinese leader hopes for tangible wins in the weeks and months ahead, including tariff reductions, an easing of export controls and a generally more civil tone.
Chinese premier Li Qiang during an ASEAN-China summit in Kuala Lumpur on May 27.
ASIA PACIFIC
Jun 6, 2025
China seeks improved ties with Canada amid rising trade tensions
China is willing to work with Canada to put ties on a healthy and stable path, Premier Li Qiang told Canadian Prime Minister Mark Carney in a phone call.
Ryosei Akazawa, Japan’s chief tariff negotiator, and U.S. Commerce Secretary Howard Lutnick held a 110-minute meeting on Thursday.
BUSINESS / Economy
Jun 6, 2025
In tariff talks with the U.S., Japan may have blinked
Tokyo is backing off from its insistence that all new tariffs be removed, according to a Friday report by the Asahi Shimbun.
Japan's exports in terms of value dropped 3% in the first 20 days of May from the same period a year earlier, indicating the impact of U.S. tariffs.
BUSINESS / Economy
Jun 6, 2025
Japan’s early May exports drop as tariff woes upend commerce
Exports measured by value dropped 3% in the first 20 days of May, which compared with a 2% rise for April.
U.S. Ambassador to Japan George Glass visits the Northrop Grumman booth during the Defence and Security Equipment International Japan trade show at Makuhari Messe in the city of Chiba last month.
JAPAN / Politics
Jun 6, 2025
U.S. envoy plays down Washington-Tokyo trade row
George Glass dismissed concerns that tensions over unilateral U.S. tariffs could lead to a repeat of the trade war between the two countries in the 1980s.
A Tirtir store in Seoul on May 23
BUSINESS / Companies
Jun 5, 2025
South Korean beauty brands bet boom in U.S. demand outlasts tariff pain
The startups are expanding their bricks-and-mortar presence in the world's biggest consumer market, confident their mass appeal will offset tariff costs.
Japan's top tariff negotiator, Ryosei Akazawa, left Tokyo for Washington on Thursday for the fifth round of trade negotiations with the United States.
BUSINESS
Jun 5, 2025
Japan to continue to seek tariff removal in latest negotiations ahead of G7
Prime Minister Shigeru Ishiba and U.S. President Donald Trump are expected to meet on the sidelines of the summit, with anticipation mounting for a trade deal announcement.
U.S. President Donald Trump and Chinese President Xi Jinping
WORLD / Politics
Jun 5, 2025
Trump’s late-night lament over Xi deepens impasse in trade fight
Exactly what the Chinese are asking the White House to relinquish in order to secure a phone call with their leader remains unclear.
The draft also expresses strong concern about China's attempts to unilaterally change the status quo by force in the East China Sea and the South China Sea.
JAPAN / Politics
Jun 5, 2025
Japan to name China as its biggest strategic challenge
It is unusual for the annual economic and fiscal policy guidelines to criticize China for its coercive behavior toward neighboring countries.

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