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October 15, 2025
 

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TARIFFS

Ryosei Akazawa, Japan’s chief tariff negotiator, speaks on Tuesday about the implementation of the Japan-U.S. trade deal.
BUSINESS / Markets
Sep 16, 2025
U.S. tariffs on Japanese autos formally cut to 15% from 27.5%
The reduction is a long-awaited implementation of the terms of a July 22 agreement.
Stephen Miran, one of U.S. President Donald Trump's top economic advisers, attends a Senate hearing on his nomination to join the Board of Governors of the Federal Reserve, in Washington on Sept. 4.
BUSINESS / Markets
Sep 16, 2025
U.S. Senate confirms Trump aide to Fed as politics loom over rate meeting
A U.S. federal appeals court also ruled that Federal Reserve Gov. Lisa Cook can remain in her position while challenging President Donald Trump's attempt to remove her.
U.S. Treasury Secretary Scott Bessent speaks to the media as U.S. Trade Representative Jamieson Greer looks on following U.S.-China talks on trade, economic and national security issues, in Madrid on Monday.
BUSINESS / Tech
Sep 16, 2025
U.S. and China reach framework deal on TikTok; Trump and Xi to speak Friday
It is the second time this year that the two sides have said they were nearing a TikTok deal.
The World Trade Organization headquarters in Geneva, Switzerland. Japan will appoint a permanent representative focusing on the WTO for the first time.
BUSINESS
Sep 15, 2025
Japan to appoint first permanent representative focusing on WTO
The decision is designed to strengthen trade cooperation with other countries and counter steep tariffs from the U.S.
U.S. President Donald Trump arrives at the White House in Washington on Sunday. Trump is scheduled to arrive in Britain on Tuesday.
WORLD / Politics
Sep 15, 2025
U.S.-U.K. nuclear pact to precede tech and whisky deals on Trump visit
Both countries will use each other’s safety assessments of reactor designs to fast-track their own checks under the new agreement.
Senior U.S. and Chinese led by U.S. Treasury Secretary Scott Bessent, U.S. Trade Representative Jamieson Greer, Chinese Vice Premier He Lifeng and Chinese trade negotiator Li Chenggang meet to discuss trade and economic issues in Madrid on Sunday.
BUSINESS
Sep 15, 2025
U.S. and China end first day of talks in Spain on trade and TikTok deadline
The talks mark the fourth time in as many months that the two nations have attempted keep their trade relationship from collapsing.
U.S. President Donald Trump’s most concrete step to rein in unprecedented budget deficits — sweeping tariff hikes — faces the danger of a legal reversal that would put the nation’s finances on an even shakier footing.
BUSINESS / Economy / FOCUS
Sep 14, 2025
Tariffs face legal threat that puts Trump’s deficit plan at risk
U.S. President Donald Trump’s most concrete step to rein in unprecedented budget deficits — sweeping tariff hikes — faces the danger of a legal reversal that would put the nation’s finances on an even shakier footing.
U.S. Treasury Secretary Scott Bessent and Japanese Finance Minister Katsunobu Kato reaffirmed in a joint statement their commitment to allowing markets to determine currency exchange rates and not targeting them for competitive advantage.
BUSINESS / Economy
Sep 12, 2025
U.S. and Japan pledge not to manipulate forex for competitive advantage
Tokyo has spent close to $150 billion in the last three years trying to prop up the yen with the last move in July last year.
South Korea’s lack of a free trade deal with Mexico puts it at a disadvantage to Japanese rival carmakers.
BUSINESS
Sep 11, 2025
Mexican tariffs give Japan’s carmakers an edge over Korean rivals
Higher tariffs are expected to apply to a list of more than 1,400 categories of products coming from countries with which Mexico has no trade agreement.
The Bank of Japan's wait-and-see approach is likely to continue given the political climate and the tariff situation.
BUSINESS / Economy
Sep 11, 2025
Rate increase in Japan less likely following Ishiba's resignation
Political uncertainty will make a move higher in October difficult.
Geopolitical shifts, technological transformation and climate change are reshaping, not reversing, globalization.
COMMENTARY / World
Sep 11, 2025
What happens next to globalization?
For starters, the rise of China and other economies is bringing an end to the postwar world order dominated by the United States.
Traders in Tokyo celebrate an earlier record high closing of the Nikkei 225. The benchmark index has been rallying in recent days on trade optimism and political hope.
BUSINESS / Markets
Sep 10, 2025
Tokyo stocks achieve record close after strong performance on Wall Street
A sustained rally has followed Prime Minister Shigeru Ishiba’s announcement of his resignation.
Heliostat mirrors at the site of Dunhuang Shouhang 100MW Tower Solar Thermal Power Generation Project in Gansu province, China, on Oct. 16, 2024
BUSINESS / Tech
Sep 10, 2025
China’s green tech firms pour billions into overseas factories
Chinese companies are expanding their supply chains abroad to capture new markets, avoid tariffs and get closer to sources of raw materials, according to new research.
U.S. President Donald Trump South Korean leader and Lee Jae Myung meet in the Oval Office of the White House in Washington on Aug. 25.
BUSINESS / Economy
Sep 10, 2025
U.S. and South Korea in deadlock over $350 billion investment fund
Seoul has been emphasizing to U.S. officials that it cannot accept the same terms as Japan’s $550 billion investment pledge finalized last week.
U.S. President Donald Trump delivers remarks on tariffs in the Rose Garden of the White House in Washington on April 2.
BUSINESS / Economy
Sep 10, 2025
U.S. Supreme Court to review Trump tariffs on fast-track schedule
The justices said they will hear arguments in the first week of November, an unusually aggressive schedule that suggests the court will try to resolve the case quickly.
Shipping containers are parked at Thar Dry Port in Sanand in the western part of Gujarat, India, on Aug. 27.
BUSINESS / Economy
Sep 10, 2025
Trump floats massive tariffs on China and India to pressure Russia
Other potential measures include further sanctions on Russia’s oil tankers and finance sector.
Ryosei Akazawa, Japan's chief negotiator, says that U.S. tariffs on Japanese autos will fall soon.
BUSINESS / Economy
Sep 9, 2025
Akazawa heralds U.S. trade deal as he moots wrinkle in it
He notes Japan cannot finance any project that contravenes its laws.
U.S. President Donald Trump meets with South Korean President Lee Jae Myung at the Oval Office, at the White House, in Washington on Aug. 25.
ASIA PACIFIC / Politics
Sep 9, 2025
Shackled workers threaten to unravel South Korea’s wins with Trump
The incident spotlights billions in U.S. investment plan and carefully crafted diplomacy that helped Seoul land one of the world's best tariff deals.
Kono Taro, Liberal Democratic Party lawmaker and former digital transformation minister, speaks during an interview in Tokyo on Tuesday.
BUSINESS / Economy
Sep 9, 2025
BOJ should raise rates to strengthen yen and curb inflation, says Taro Kono
The comments come days after Prime Minister Shigeru Ishiba’s decision to resign raised questions about the outlook for economic policies.
The Nikkei Stock Average's opening, high and low prices on Tuesday are seen on a stock quotation board outside a brokerage in Tokyo.
BUSINESS / Markets
Sep 9, 2025
Nikkei 225 hits record on Ishiba resignation news, then falls back in afternoon
The benchmark reached a new all-time high in the morning of 44,185.73
Hypothermia in the land of the rising Sanae
Amid the election of Sanae Takaichi as Liberal Democratic Party president, and possibly the next prime minister, Japan's economy shows signs of recovery, but weak wages, a conservative corporate culture and currency issues raise doubts about a true economic thaw.
Number of scenarios now on the table for who might be Japan’s next prime minister
Newly-elected leader of Japan's Liberal Democratic Party Sanae Takaichi (right) celebrates with Prime Minister Shigeru Ishiba after winning the LDP leadership election in Tokyo on October 4.
After plenty of ups and downs, Osaka Expo concludes with message of unity
The sun sets on the Grand Ring on the final day of the Osaka Expo on Monday.
A frenetic diplomatic schedule looms for Japan’s next leader — whomever that may be
As horse-trading and speculation surge over who will be elected the next prime minister in parliament — the ruling Liberal Democratic Party's Sanae Takaichi or a possible candidate put forward by a unified opposition — Japan’s next leader will be confronted with a quick succession of key diplomatic events.
Ghost of Yotei’s bloodstained fun sidesteps Ainu identity
Ghost of Yotei, the follow-up to 2020's smash hit Ghost of Tsushima, is a violent, vengeful and engaging romp through 17th-century Hokkaido that fails to stick the landing on its most sensitive cultural material.
A frenetic diplomatic schedule looms for Japan’s next leader — whomever that may be
As horse-trading and speculation surge over who will be elected the next prime minister in parliament — the ruling Liberal Democratic Party's Sanae Takaichi or a possible candidate put forward by a unified opposition — Japan’s next leader will be confronted with a quick succession of key diplomatic events.
Ghost of Yotei’s bloodstained fun sidesteps Ainu identity
Ghost of Yotei, the follow-up to 2020's smash hit Ghost of Tsushima, is a violent, vengeful and engaging romp through 17th-century Hokkaido that fails to stick the landing on its most sensitive cultural material.
At Osaka Expo, gas giants promote a greener future. But is it a lot of hot air?
The Gas Pavilion had welcomed around 500,000 visitors by the end of August, making it one of the most popular exhibits at the Osaka Expo.
‘Takaichi trade’ starts unwinding as political calculus upended by Komeito exit
Less than a week ago, Sanae Takaichi seemed set to become Japan's first female prime minister.
‘Save the Ring’ calls intensify as Osaka Expo’s end nears
Visitors lounge on the grassy hill on the top of the Grand Ring during the 2025 Osaka Expo in the city of Osaka in May.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

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By Patrick St. Michel

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