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August 30, 2025
 

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TARIFFS

The White House says U.S. President Donald Trump "has a spine of steel and will not break.”
BUSINESS / Economy
Apr 10, 2025
Trump shock pushes U.S. and China toward decoupling cliff edge
Trump's 120% tariffs on Chinese goods and Beijing’s determination to fight back in kind mean a seismic cleavage is rapidly becoming a reality.
Shipping containers at a port in Nanjing, in eastern China's Jiangsu province, on Tuesday
BUSINESS / Economy
Apr 9, 2025
China raises tariffs on U.S. goods to 84% as trade war escalates
China’s move came hours after Trump's sweeping measures went into force, taking the cumulative rate announced this year to 104%.
U.S. President Donald Trump speaks as he attends the National Republican Congressional Committee dinner in Washington on Tuesday. Trump allowed new tariffs — including a 24% levy on Japan — to go into effect as scheduled on Wednesday.
BUSINESS / Markets
Apr 9, 2025
Trump's tariff gambit leaves Asia stunned and scrambling
Tariffs take time to actually affect prices and trade flows, but financial markets are already responding to the possibility of severe economic dislocation.
A man walks past an electronic board showing the numbers of the Nikkei stock average on the Tokyo Stock Exchange in the Japanese capital on Wednesday.
BUSINESS / Markets
Apr 9, 2025
Japan's Nikkei down nearly 4% at close
The Nikkei 255 index of shares ended the day down 3.93% at 31,714.03. The yen came off earlier highs to trade at ¥145.27 per dollar, up 0.7%.
Shipping containers on the outskirts of Houston on Tuesday. China has vowed to "fight to the end" after Donald Trump further ramped up tariffs.
BUSINESS / Markets
Apr 9, 2025
Trump tariffs take effect, hiking trade levies to a 100-year high
The latest tariffs push levies imposed on China this year to as high as 104%, along with import taxes on roughly 60 trading partners that run trade surpluses with the U.S.
Bank of Japan Gov. Kazuo Ueda said Wednesday the central bank's stance is to conduct policy appropriately by carefully assessing the remaining uncertainties surrounding tariffs.
BUSINESS / Economy
Apr 9, 2025
BOJ's Ueda conveys wait-and-see stance on U.S. tariffs
He suggests the central bank will see how the tariff measures evolve before assessing the potential impact, and any required response.
U.S. President Donald Trump delivers remarks on tariffs in the Rose Garden at the White House on April 2.
COMMENTARY / World
Apr 9, 2025
A conversation of the deaf after Trump’s tariffs
Trump likes win-win scenarios, but his version is different from those of his trade partners.
With Trump's tariffs, countries with lower labor costs like China will continue to outcompete the United States and gain stronger footholds in global markets.
COMMENTARY / World
Apr 9, 2025
Trump’s tariffs will accelerate America’s economic decline
Trump’s critics rightly point out that the tariff will raise U.S. car prices, but that is just one of its many drawbacks.
A woman looks at cranes and shipping containers from an observation platform at Pyeongtaek port in Pyeongtaek, South Korea, on April 2.
BUSINESS / Markets
Apr 9, 2025
Trump optimistic after call about tariffs with South Korea
South Korea's trade minister is traveling to Washington to meet U.S. Trade Representative Jamieson Greer for tariff negotiations.
Traders work on the floor of the American Stock Exchange (AMEX) area of the New York Stock Exchange (NYSE) on Friday.
BUSINESS / Markets
Apr 9, 2025
Market calm is shattered as abrupt selloffs roil Wall Street
As recession fears build, markets have continued to flash warning signs.
Economic revitalization minister Ryosei Akazawa enters the Prime Minister's Office in Tokyo on Tuesday.
BUSINESS / Economy
Apr 8, 2025
Japan and U.S. appoint tariff negotiators after Ishiba-Trump phone call
Ryosei Akazawa, minister in charge of economic and fiscal policy, will spearhead talks with the U.S.
A screen displays rising share prices outside a securities firm in Tokyo on Tuesday.
BUSINESS / Markets
Apr 8, 2025
Japan stocks rebound on hopes of Trump tariff deal and weaker yen
Major shares on the Tokyo Stock Exchange ended Tuesday's session at 33,012.58, up 1,876 points, or 6.02%, from Monday, when it suffered its third-biggest daily point loss.
Japan is facing challenges with Donald Trump's new tariffs and is considering increased purchases of U.S. goods, negotiating tariff reductions and expanding auto production in the U.S. to reduce the trade deficit and avoid further economic tension.
COMMENTARY / Japan
Apr 8, 2025
What is Japan's play on Trump's tariffs?
Japan had expected some consideration for being the largest source of foreign direct investment in the U.S. from 2019 to 2024, with total investment of around $860 billion.
Donald Trump’s complaints about Japan’s auto market are based on misconceptions, as Japan has not imposed car tariffs since 1978 and American cars fail to meet local preferences.
COMMENTARY / Japan
Apr 8, 2025
The Japan tariff myth that just won’t die
The belief that unfair trade practices are at fault isn’t only false, but also one of those enduring myths that refuses to die.
A television station broadcasts U.S. President Donald Trump speaking during a Rose Garden event, on the floor of the New York Stock Exchange in New York on Wednesday.
BUSINESS / Markets / FOCUS
Apr 8, 2025
Frustrated world leaders wonder if Trump even wants a deal
U.S. President Donald Trump has set a high bar, telling reporters that any agreements would need to eliminate bilateral trade deficits.
U.S. President Donald Trump meets with Israeli Prime Minister Benjamin Netanyahu in the Oval Office of the White House in Washington on Monday.
BUSINESS / Economy
Apr 8, 2025
Trump threatens to hike China tariffs further as market plunge continues
A global trade war touched off by U.S. President Donald Trump's sweeping tariffs escalated further on Monday.
Prime Minister Shigeru Ishiba attends a joint press conference with U.S. President Donald Trump at the White House in Washington on Feb. 7.
JAPAN / Politics
Apr 7, 2025
Japan responds to Trump's tariffs with a polite phone call and request
The call was the first interaction between the two leaders since the U.S. president rolled out new tariffs targeting almost every country on the planet.
Kwai Chung container ports in Hong Kong earlier this month
BUSINESS / Markets
Apr 7, 2025
East Asia tries a mix of measures to counter U.S. tariffs as markets suffer
U.S. President Donald Trump last week announced a raft of tariffs, with almost every country affected.
Prime Minister Shigeru Ishiba said Japan does not intend to seek direct confrontation with the U.S. over the newly levied tariffs, during a parliamentary committee session in Tokyo on Monday.
BUSINESS / Economy
Apr 7, 2025
Japan to avoid direct confrontation with the U.S. over Trump tariffs
The Japanese prime minister is calling for a more diplomatic and fact-based approach, in part by examining U.S. allegations about trade barriers.
Prime Minister Shigeru Ishiba attends a news conference in Tokyo on April 1. The approval rating for Ishiba's Cabinet fell to 30.6% over the weekend, according to a JNN poll.
JAPAN / Politics
Apr 7, 2025
Ishiba under pressure to take stronger stance against U.S. on tariffs
Some opposition leaders are urging the prime minister to rally his party around a strategy before speaking with the U.S. president, but others are eyeing his removal.
Most Japanese teens struggling with school find end of summer ‘painful’
Some 93.1% of Japanese teenagers who struggle with school life said they felt like they “wanted to disappear from the world" at the end of summer vacation ahead of the start of a new term, according to a recent survey released by Yokohama-based nonprofit Daisan Kazoku.
Philippine bid to acquire used Japanese warships gains steam
Tokyo is looking to transfer Abukuma-class vessels to the Philippines as part of broader efforts to boost the defense capabilities of like-minded neighbors amid growing Chinese military assertiveness in the region.
Mitsubishi’s wind-power retreat a blow to Japan's alternative-energy goals
Wind turbines in the town of Happo in Akita prefecture. Wind power is a key part of Japan's alternative energy drive.
Can anime carry the memories of World War II?
Many schools in Japan show "Grave of the Fireflies" as educational material to tell the emotionally grueling story of a boy who has no means to prevent his sister from starving to death.
Akazawa's trip to Washington for tariff talks abruptly canceled
Ryosei Akazawa, Japan's chief tariff negotiator, had been set to fly to Washington on Thursday.
Japan to launch broad review of immigration policies amid rise in foreign nationals
Foreign tourists at Narita Airport in June. A report released Friday stresses that Japan is at a turning point and that current ad-hoc measures on immigration are no longer sufficient.
Can anime carry the memories of World War II?
Many schools in Japan show "Grave of the Fireflies" as educational material to tell the emotionally grueling story of a boy who has no means to prevent his sister from starving to death.
Japan looks to build drone ‘shield’ in record defense budget request
A group of Ground Self-Defense Force service members discuss drone operations and capabilities at a joint static display during the Orient Shield 24 opening ceremony at the Yausubetsu Training Area in Hokkaido in July last year.
Jesse Kirkwood: ‘Languages are entire cultural universes with all sorts of baggage’
Jesse Kirkwood is part of a vibrant field of translators who have nurtured what might be called a “post-Murakami era of Japanese literature and translation,” one book at a time.
Mitsubishi’s wind-power retreat a blow to Japan's alternative-energy goals
Wind turbines in the town of Happo in Akita prefecture. Wind power is a key part of Japan's alternative energy drive.

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