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July 31, 2025
 

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TARIFFS

An electronic board shows the broad Topix index hitting a record high on Thursday.
BUSINESS / Markets
Jul 27, 2025
Japan investors brace for BOJ and earnings results after Trump-fueled rally
As the dust settles following the U.S.-Japan trade deal that sent markets on a wild ride, investors are questioning whether the rally was a sign of things to come.
U.S. President Donald Trump speaks during a meeting with Philippine leader Ferdinand Marcos Jr. in the Oval Office of the White House in Washington on Tuesday.
BUSINESS / Economy / FOCUS
Jul 26, 2025
Trump tariffs leave costly China supply question unanswered
The U.S. president has threatened to rocket rates up to 40% for products deemed to be transshipped, or re-routed, through Southeast Asia.
Prime Minister Shigeru Ishiba delivers a speech at an event in Karuizawa, Nagano Prefecture, on Friday afternoon.
BUSINESS
Jul 26, 2025
Ishiba rules out joint document on U.S. tariffs as deal's details trickle out
Prime Minister Shigeru Ishiba has faced criticism from the opposition as numerous details about the agreement remain unclear.
U.S. President Donald Trump speaks to the media after arriving at Glasgow Prestwick Airport, in Prestwick, Scotland, on Friday.
BUSINESS / Economy
Jul 26, 2025
EU’s Von der Leyen to meet Trump in bid to clinch trade deal
After months of talks and shuttle diplomacy between Brussels and Washington, the two sides have been zeroing in on an agreement.
Batam, a duty-free Indonesian enclave a short ferry ride from Singapore, has become a key waypoint in a convoluted global shuffle involving Chinese solar panels and U.S. tariffs.
BUSINESS
Jul 25, 2025
China’s stealthy solar exports stay one step ahead of U.S. tariffs
Of Indonesia’s 10 biggest exporters of solar cells and panels to the U.S. during the first half of 2025, six in Batam were found to be owned by executives at Chinese companies.
Bank of Japan officials view the trade deal with the U.S. as reducing a key source of uncertainty for Japan’s economy and businesses, allowing the central bank to focus on monitoring the tariffs’ actual impact in incoming economic data, according to people familiar with the matter.
BUSINESS / Economy
Jul 25, 2025
BOJ is said to see potential rate hike environment this year
Assuming there’s no change to the U.S. tariff deal, the central bank will likely have enough data by the end of the year to be able to consider whether a rate hike is appropriate.
Visitors at Matryoshka Square, a theme park in the border town of Manzhouli, in China’s Inner Mongolia, on July 10. Much of the trade between China and Russia has long run through Manzhouli.
WORLD / Politics
Jul 25, 2025
How a Chinese border town keeps Russia’s economy afloat
The economic strategy of the town of Manzhouli underlines Russia’s evolution into a supplier of raw materials to China’s vast manufacturing sector.
U.S. President Donald Trump on Wednesday in Washington, the day after he agreed to an 11th-hour trade deal with Japan.
BUSINESS / Economy
Jul 24, 2025
Big unanswered questions follow Japan's big, beautiful deal with the U.S.
The $550 billion investment plan, in particular, is the subject of doubt and discussion.
A boy and his father walk through the toy section of Walmart in King of Prussia, Pennsylvania, on Nov. 29, 2019.
BUSINESS / Markets
Jul 24, 2025
Toy makers nix batteries and other materials to save costs amid tariff war
The duties imposed by U.S. President Donald Trump are particularly painful for companies like Hasbro and Mattel, as 80% of toys sold in the U.S. come from China.
As U.S. tariffs caused global uncertainty, Japanese carmakers in particular have been losing momentum as the industry faced pressure from levies.
BUSINESS / Markets
Jul 24, 2025
Firms in Japan likely to log lower profits amid tariff and political uncertainty
While tariffs caused global uncertainty, Japanese carmakers in particular have been losing momentum as the industry faced pressure from the levies.
U.S. President Donald Trump’s trade deal opening Japan to U.S. auto exports sounds big but means little in practice because American carmakers don’t make what Japanese consumers want, such as the Honda N-Box, the nation's best-selling model.
COMMENTARY / Japan
Jul 24, 2025
Japan trade deal offers U.S. automakers relief, not new markets
The peculiar tastes of America’s consumers put its vehicles at a disadvantage overseas that tariffs won’t fix.
Prime Minister Shigeru Ishiba’s last-minute trade deal with the U.S. may calm tariff fears but has cost him politically, leaving Japan’s ruling party divided and his leadership on the brink.
COMMENTARY / Japan
Jul 24, 2025
‘Mr. Japan’ bends the knee — and falls on his sword
Shigeru Ishiba’s trade deal with Donald Trump will be his last act as leader
U.S. President Donald Trump gestures after signing executive orders in Washington on Wednesday.
JAPAN / Politics
Jul 24, 2025
Trump says Tokyo agreed to buy U.S. defense gear, but questions remain
Touting the surprise trade agreement with Japan, the U.S. president claimed that Tokyo agreed to buy billions of dollars in defense equipment.
European Council President Antonio Costa (left) and European Commission President Ursula von der Leyen (right) join hands with Prime Minister Shigeru Ishiba prior to a meeting at the Prime Minister's Office in Tokyo on Wednesday.
BUSINESS / Economy
Jul 23, 2025
Japan and EU launch trade ‘alliance’ amid concerns over U.S. and China
The new agreement will expand bilateral trade ties, promote business cooperation and explore ways to diversify critical mineral supply chains.
Prime Minister Shigeru Ishiba looks on after meeting with the Liberal Democratic Party executives at the party's headquarters in Tokyo on Wednesday.
JAPAN / Politics
Jul 23, 2025
Ishiba denies reports he will resign next month, leaving his fate unclear
Some media outlets had reported that the prime minister was poised to step down in the coming weeks.
U.S. Treasury Secretary Scott Bessent and Ryosei Akazawa, Japan chief tariff negotiator, in Tokyo
BUSINESS / Economy / ANALYSIS
Jul 23, 2025
Japan and U.S. both claim win in surprise 11th-hour tariff deal
The "reciprocal" rate is set at 15%, while the rate on autos is 12.5%
A worker places blank guitar picks into a tray at D'Addario's production facility in Farmingdale, New York, on July 10.
BUSINESS / Markets
Jul 23, 2025
Inside a U.S. guitar string-maker's strategy to navigate the trade war
While the company makes nearly all its music accessories in the U.S., its supply chain and distribution are global, with its biggest foreign market being Japan.
U.S. President Donald Trump’s aggressive tariff threats seemed effective at first because markets expected him to back down, but as investors grow numb, the risk rises he’ll follow through, triggering the very economic harm his threats were meant to avoid.
COMMENTARY / World
Jul 23, 2025
Why markets may soon call America’s tariff bluff
Complacency brings new risk: If markets tune out Trump’s tariff threats, they may stop checking harmful policies.
U.S. President Donald Trump delivers remarks on tariffs with U.S. Secretary of Commerce Howard Lutnick at the White House on April 2.
COMMENTARY / Japan
Jul 23, 2025
Trump’s tariffs undermine America's security, business and credibility
Donald Trump may have given up on free trade, but the American people have not.
Elon Musk leaves the stage after addressing a campaign rally for Donald Trump in Butler, Pennsylvania, on Oct. 5, 2024.
BUSINESS / Tech
Jul 23, 2025
SpaceX warns investors Elon Musk could return to U.S. politics
Musk had said in May he would focus on his business empire and pull back his political spending, but after a spat with Trump, he vowed to form a new political party.
Japan on edge but prepared for tsunami after huge Kamchatka earthquake
Police officers ask a man to evacuate from an empty beach following a tsunami warning, in Fujisawa, Kanagawa Prefecture, on Wednesday.
Japan to start new residency system for foreign workers
Students hoping to work in Japan attend a Japanese class at a job placement company in Hanoi in October 2022.
Last soldiers of Imperial Japanese Army have a warning for younger generations
Kunshiro Kiyozumi, 97, who was the youngest crew member of the Imperial Japanese Navy submarine I-58 in World War II, on his way to a restaurant to have lunch in Matsuyama, Japan, on April 29.
Japan marks highest-ever temperature of 41.2 C in Hyogo
Japan's temperature soared to a record 41.2 degrees Celsius in Tanba, Hyogo Prefecture, on Wednesday, surpassing the previous high of 41.1 C.
Japan should take all possible measures to raise wages, white paper says
Prolonged high prices for food and other goods have pushed down consumer sentiment and real wages, according to the Annual Report on the Japanese Economy and Public Finance for fiscal 2025.
Why Ishiba refuses to quit even amid intense pressure for him to go
Supporters of Prime Minister Shigeru Ishiba take part in a rally across the street from the Prime Minister's Office on Friday.
Behind the scenes at the Baseball Hall of Fame's new Yakyu/Baseball exhibit
“Yakyu / Baseball: The Transpacific Exchange of the Game” is set to remain on display in Cooperstown for at least five to 10 years — and possibly indefinitely.
Boys’ love dramas from Thailand make waves in Japan
Wakana, a Japanese fan of Thai BL, visits a temple in Thon Buri, Bangkok featured in the Thai adaptation of the Japanese series “Cherry Magic.” Her media consumption kindled an interest in Thai culture and language, and ultimately led her to relocate to Thailand. “I fell in love with the whole country,” she says.
Amid fossil fuel shift in U.S., hope emerges for India and Japan tie-up on solar
A technician works on the assembly line at a solar panel manufacturing hub on the outskirts of New Delhi last October.
Traditional Japanese swordsmanship — with modern matches
This year marked the eighth annual championship put on by the Hogyokukai school of traditional Japanese swordsmanship.

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