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July 05, 2025
 

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TARIFFS

People walk through an Apple Store in Hong Kong on Friday.
BUSINESS / Tech / FOCUS
Apr 13, 2025
Apple was on brink of crisis before tariff concession from Trump
Donald Trump’s 125% tariffs on goods produced in China threatened to upend its supply chain as seriously as the COVID-19 snarls did five years ago.
A pedestrian walks past an electronic board showing the morning numbers on the Tokyo Stock Exchange along a street in the Japanese capital on Friday.
BUSINESS / Markets
Apr 13, 2025
Punch drunk traders across Asia ready for another week of drama
Even though investors were fearful of events last weekend, the reaction in markets was more extreme than many countenanced.
The Liberal Democratic Party and Komeito are increasingly divided over economic measures to deal with inflation and U.S. tariffs.
JAPAN / Politics
Apr 12, 2025
Ruling coalition divided over consumption tax cut
While some are leaning toward a tax cut, LDP Secretary-General Hiroshi Moriyama and others are seeking a cash handout instead.
Machineries seen at a factory in Binh Duong, Vietnam
BUSINESS / Economy / ANALYSIS
Apr 12, 2025
What Samsung and Vietnam stand to lose in Trump's tariff war
Trump's punishing potential 46% tariff has exposed the vulnerability of the Southeast Asian country's export model.
U.S. President Donald Trump wants Apple to begin building iPhones in the United States. But Apple is unlikely to move production to the country in the foreseeable future for a variety of reasons.
BUSINESS / Tech / FOCUS
Apr 12, 2025
Why Trump’s dream of made-in-the-USA iPhones isn’t going to happen
Apple is unlikely to move production to the U.S. in the foreseeable future for a variety of reasons, including a shortage of facilities and labor.
Cargo is uploaded onto a China-Europe freight train at the China-Kazakhstan (Lianyungang) Logistics Cooperation Base in Lianyungang, China, on Thursday.
BUSINESS / Economy / FOCUS
Apr 12, 2025
Jolted by Trump, EU woos new partners from Asia to Latin America
The EU has embarked on a charm offensive to diversify its alliances, with summits lined up back-to-back and trade talks launched in all directions.
U.S. President Donald Trump waves as he steps off Air Force One at Palm Beach International Airport in Palm Beach, Florida, on Friday.
BUSINESS / Economy
Apr 12, 2025
Trump defends policy as White House says he's 'optimistic' on China deal
President Donald Trump has insisted that his tariff policy is "doing really well," with the White House saying that 15 countries have offers "on the table."
A trader works on the floor of the New York Stock Exchange during afternoon trading on Wednesday in New York.
BUSINESS / Economy / ANALYSIS
Apr 12, 2025
Asset flight challenges U.S. safe haven status
The U.S. has long been considered a financial safe haven —but Trump's trade war is starting to raise questions about if that's still true.
People shop in Bayonne, New Jersey, on Tuesday. U.S. President Donald Trump has upended the world economy with sweeping tariffs that have raised the specter of an international recession.
BUSINESS / Economy
Apr 12, 2025
U.S. economists say recession risk still high after Trump tariff pivot
Despite U.S. President Donald Trump's decision this week to delay tariffs on major trading partners, experts remain pessimistic about the economy.
U.S. President Donald Trump and Chinese leader Xi Jinping arrive prior to a meeting on the sidelines of the Group of 20 Summit in Hamburg, Germany, in July 2017.
ASIA PACIFIC / Politics
Apr 12, 2025
Trump-Xi truce appears elusive as China prepares to dig in
Authorities in Beijing seem intent on proving that they can withstand even more trade pain from the Trump administration.
The Bank of Japan's headquarters in Tokyo
BUSINESS
Apr 11, 2025
Price expectations rise in Japan as tariffs cloud BOJ rate path
Households expect average annual inflation of 9.6% over the next five years, the highest since June 2006.
A China Shipping cargo container at a port in Long Beach, California, on Thursday
BUSINESS
Apr 11, 2025
China slaps 125% tariffs on U.S. goods but will 'ignore' further hikes
The move further deepens a trade war between the world's two largest economies.
Having had two meetings with U.S. President Donald Trump, Prime Minister Shigeru Ishiba is slowly building a personal relationship with him, which matters greatly to the U.S. president and in resolving bilateral issues.
JAPAN / Politics / FOCUS
Apr 11, 2025
Can anyone deal with Trump better than Ishiba?
Trump’s shift on Japan tariffs offers relief, but Ishiba’s grip remains shaky amid internal discontent and challenging U.S. demands.
Bank of Japan Gov. Kazuo Ueda at a news conference in January. He has been in the top position for two years.
BUSINESS / Economy
Apr 11, 2025
After two years in top job, BOJ's Ueda faces his biggest challenge yet 
Communication will be more crucial from now on, as the economic outlook will be more uncertain than ever because of the U.S. tariffs.
Sony and Nintendo might have to raise the prices of their game consoles, which are assembled mainly in China and are shipped to the United States.
BUSINESS / Companies
Apr 11, 2025
Nintendo Switch 2 and Sony PS5 likely to get price hikes due to tariffs
Pricing could come close to $590 for the soon-to-be-released Nintendo Switch 2 or Sony’s PS5 Astro Bot bundle.
Prime Minister Shigeru Ishiba gives instructions to Economic Revitalization Minister Ryosei Akazawa (third from left) and others at the Prime Minister's Office on Friday.
BUSINESS / Economy
Apr 11, 2025
Japan braces for talks on yen and BOJ in trade negotiations with U.S.
Ryosei Akazawa, who is heading the task force, is reportedly set to meet U.S. Treasury Secretary Scott Bessent next week.
Fast Retailing Chairman and CEO Tadashi Yanai smiles during a news conference on Thursday in Tokyo's Minato Ward.
BUSINESS / Companies
Apr 11, 2025
Fast Retailing's first-half sales hit record high
The growth reflected strong domestic sales of Heattech heat-retention garments and down jackets.
U.S. President Donald Trump and Prime Minister Shigeru Ishiba at the White House in February
JAPAN / Politics
Apr 11, 2025
Trump calls U.S.-Japan alliance ‘one-sided’ as nations prepare for tariff talks
The U.S. president's remarks rekindled fears that he might use the talks to ask Tokyo to pay more for hosting troops, buy more weapons or further boost defense spending.
U.S. Treasury Secretary Scott Bessent speaks outside the White House in Washington on Wednesday. Bessent appears to have taken a larger role in articulating U.S. President Donald Trump's trade policies to financial markets.
BUSINESS / Economy
Apr 11, 2025
Amid turmoil over tariffs, Bessent rises in Trump trade world
Multiple sources close to the White House said the former hedge fund manager was giving the U.S. president the best counsel among a team of advisers on trade.
U.S. President Donald Trump's abrupt U-turn on his tariff measures has been met with a mix of relief and bewilderment.
BUSINESS / Economy
Apr 11, 2025
U.S. allies greet Trump’s tariff U-turn with relief and defiance
As governments try to divine what would convince Trump to grant permanent waivers, his new willingness to reverse course inserts another layer of uncertainty.
A prophesied disaster (likely) won’t strike Japan this weekend
A viral manga prediction of a July 5 disaster has gripped Japan with anxiety and triggered an economic impact, but experts warn that while such dates are unreliable, the threat of a massive earthquake remains real. 
Magnitude 5.5 earthquake jars Tokara Islands amid flurry of seismic activity
A strong quake struck off the Tokara Islands on Thursday afternoon, with the island chain having recorded around 1,000 earthquakes since a burst of seismic activity first began on June 21.
Japan to require flight passengers to keep power banks within sight
The transport ministry has announced new regulations requiring flight passengers to keep power banks within sight to mitigate fire risks while on board planes.
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Residents of Tokara Islands begin evacuation as seismic swarm continues
Details about evacuations from Akuseki Island, located in the Tokara island chain in Kagoshima Prefecture, is seen written on a whiteboard in the city of Kagoshima on Thursday.
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Flag football facing challenges and opportunities ahead
Japan’s women’s flag football team at the 2025 International Bowl in Los Angeles in June. The sport is enjoying continued growth in the country.
From Hokusai’s Great Wave, shinkansen to One Piece: a cultural treasure box for Lego Japan
Michael Ebbesen, general manager of Lego Japan, says Lego bricks based on Japanese culture have a rich global appeal and are sellable around the world.
With farmed fish, RelationFish swims against the tide in fine dining
Chef Hideaki Matsuo (middle) and the staff of Oseto Suisan Fisheries prepare to check on their sustainably farmed fish.
As Southeast Asia heats up, a Japanese cooling giant sees a major opportunity
An employee of Daikin Cambodia explains the use of different tools during an air conditioner installation training session in Phnom Penh. Daikin is one of Japan’s oldest air conditioning companies, but as Japan’s population falls, the firm is keying in on overseas growth.

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One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
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