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July 05, 2025
 

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TARIFFS

Italian Prime Minister Giorgia Meloni talks with Economy Minister Giancarlo Giorgetti in the upper house of Parliament in Rome on Tuesday.
WORLD / Politics
Mar 19, 2025
Meloni cautions EU on U.S. trade war and says Italy won't send troops to Ukraine
Italian Prime Minister Giorgia Meloni, who is close to U.S. President Donald Trump, said established ties between Europe and the United States had to be preserved.
U.S. Treasury Secretary Scott Bessent walks to a television interview outside the White House in Washington on Friday. Bessent had indicated a possible delay in the activation of new reciprocal tariff rates on the United States' trading partners.
BUSINESS / Economy
Mar 19, 2025
Trump still intends for reciprocal tariffs to kick in on April 2
Treasury Secretary Scott Bessent had indicated a possible delay but the White House says trading partners would need to negotiate deals in advance to avoid new tariffs.
Shipping containers at a port in Long Beach, California. Higher tariffs will raise the cost of doing business in the U.S., raising the bar for Japanese companies to invest in America.
BUSINESS / Economy
Mar 18, 2025
Trump tariffs to raise bar to invest in the U.S., JETRO says
Higher tariffs will raise the cost of doing business in the U.S. with more expensive materials and products, said JETRO’s chair, Norihiko Ishiguro.
Officials from the state-run Alaska Gasline Development Corporation and development partner Glenfarne Group want to transport natural gas south from Alaska's remote north via a $44 billion 1,300-kilometer pipeline, to be shipped as liquefied natural gas to Japan, South Korea and Taiwan.
BUSINESS
Mar 18, 2025
Alaskan officials to seek investors in Japan as Trump touts LNG
Japanese energy firms have yet to commit, with cost being a focal point.
Bank of Japan headquarters building in February. In January, the BOJ voted to raise its short-term policy rate to 0.5% from 0.25%, taking it to the highest level since the 2008 financial crisis.
BUSINESS / Markets
Mar 17, 2025
Bank of Japan unlikely to raise rates this week as trade war intensifies
The central bank voted to raise its short-term policy rate to 0.5% from 0.25% in January, taking it to the highest level since the 2008 financial crisis.
Port City Brewing Company founder and President Bill Butcher adds bottle caps, which he imports from Mexico, into the bottle machine at his brewery in Alexandria, Virginia, on Thursday.
BUSINESS / FOCUS
Mar 16, 2025
'Impossible': U.S. breweries buffeted by Trump tariffs
From Canadian malted barley to aluminum beer cans, Trump's tariffs have hit multiple products that American craft breweries need.
Mark Carney, Canada's incoming prime minister (center), during a swearing-in ceremony at Rideau Hall in Ottawa on Friday. Carney has been sworn in as Canada's 24th prime minister, bringing the former central banker to power in the middle of an explosive trade war with the U.S.
WORLD / Politics
Mar 15, 2025
Canada has a new prime minister with a very hard first assignment
Mark Carney steps into his role as U.S. President Donald Trump sets his sights on Canada’s sovereignty and keeps threatening more tariffs.
U.S. President Donald Trump, flanked by Commerce Secretary Howard Lutnick, holds an executive order about a tariffs increase in the Oval Office of the White House in Washington on Feb. 13.
BUSINESS / Economy
Mar 15, 2025
U.S. commerce chief rules out auto tariff exemption for Japan
Commerce Secretary Howard Lutnick linked the 25% tariffs on car imports, set to begin on April 2, to cutting the U.S. trade deficit with Japan.
Yoji Muto
BUSINESS / Economy
Mar 15, 2025
Japan, China and South Korea eye trade ministers meeting
Japanese trade minister Yoji Muto will attend the envisaged meeting if he receives parliamentary approval.
The gloom is a sign of just how much U.S. President Donald Trump’s policies, particularly around trade, have rattled Wall Street nerves.
BUSINESS / Markets
Mar 14, 2025
Stocks tumble into correction as Trump policies roil sentiment
The gloom is a sign of just how much U.S. President Donald Trump’s policies, particularly around trade, have rattled Wall Street nerves.
U.S. President Donald Trump meets with Russian President Vladimir Putin in Helsinki in July 2018.
WORLD / Politics
Mar 14, 2025
Americans worry Trump is too closely aligned with Russia, poll finds
The two-day poll also found little appetite among Americans for Trump's expansionist agenda.
Alcohol is shaping up to be a key friction point in the brewing trade war.
BUSINESS / Economy
Mar 14, 2025
Trump threatens tariffs on European wine and spirits in escalating trade war
The threat came in response to a European Union plan to impose tariffs on American whiskey and other products next month.
Rolled steel is stored at a Hyundai Steel plant in Dangjin, South Korea, in 2011.
BUSINESS / Markets
Mar 13, 2025
South Korean steelmakers eye U.S. investments as Trump tariffs kick in
Posco and Hyundai Steel say investments in operations in the U.S. are among their options. Meanwhile, European steel mills warn of a flood of surplus metal.
Toyota vehicles are loaded onto a ship at the Port of Nagoya in June last year.
BUSINESS / Economy
Mar 13, 2025
Concerns grow over possible U.S. tariffs on Japan's auto sector
U.S. President Donald Trump has pointed out that the U.S. is importing a "very big" amount of Japanese cars while other countries are not really buying American cars.
Travelers make their way through the departures terminal of Toronto Pearson International Airport in Mississauga, Ontario, Canada, in 2022.
WORLD / Politics
Mar 13, 2025
Canadians, stung by Trump's tariffs and rhetoric, balk at U.S. travel
Even a 10% drop in Canadian travelers could cost the United States $2.1 billion in lost spending, the U.S. Travel Association estimated.
A worker inspects a steel coil on the factory floor before Canada's Prime Minister-designate Mark Carney visits the ArcelorMittal Dofasco steel mill in Hamilton, Ontario, Canada, on Wednesday.
BUSINESS / Economy
Mar 13, 2025
Trump threatens further tariffs as EU and Canada retaliate against U.S. levies
The U.S. tariffs have rattled investor, consumer and business confidence and raised recession fears.
Chief Cabinet Secretary Yoshimasa Hayashi during a news conference at the Prime Minister's Office on Wednesday
BUSINESS
Mar 12, 2025
Lack of exemption from U.S. steel tariffs 'regrettable,' says Japan
Top government spokesman Yoshimasa Hayashi said the two nations would continue to discuss details of the duties, which came into force at midnight U.S. time.
White House Press Secretary Karoline Leavitt holds up a piece of paper with information about tariff rates at the White House on Tuesday.
JAPAN
Mar 12, 2025
The U.S. says Japan has a 700% tariff on American rice. Is that the case?
White House Press Secretary Karoline Leavitt's accusation describes only a small portion of U.S. rice imported by Japan.
A Bloomberg survey said almost three quarters of Bank of Japan watchers who responded said that U.S. tariffs could exert enough of a drag on Japan’s economy to delay the central bank’s rate hike path.
BUSINESS / Economy
Mar 12, 2025
BOJ watchers see gradual rate hikes with higher terminal rate
Economists now anticipate the terminal rate to be 1.25%, up from 1% in the previous survey.
Coils of rolled steel sit in an industrial yard in Hamilton, Ontario, Canada
BUSINESS / Markets
Mar 12, 2025
U.S.-Canada trade war heats up as Trump doubles metals tariffs, then backs off
The switch came after a Canadian official also backed off his own plans for a 25% surcharge on electricity.
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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