Tag - tariffs

 
 

TARIFFS

Ryosei Akazawa, Japan's chief tariff negotiator, speaks to reporters in Washington on Wednesday.
BUSINESS / Economy
Apr 17, 2025
Japan and the U.S. begin tariff talks on good terms, but without breakthroughs
Prime Minister Shigeru Ishiba said there are still gaps between the respective stances of Japan and the U.S.
The most common reason for disapproving of the Ishiba Cabinet was that it is not promising, given by 28.9%, followed by distrust of the prime minister at 21.3% and a lack of leadership at 19.8%.
JAPAN / Politics
Apr 17, 2025
Ishiba Cabinet approval sinks to 23.1% in new poll
The figure was down 4.8 percentage points from the previous month.
Chinese President Xi Jinping waves upon his departure to Cambodia at the Bunga Raya VIP complex of the Kuala Lumpur International Airport in Sepang, Malaysia.
ASIA PACIFIC / Politics
Apr 17, 2025
Xi urges ‘Asian family’ unity as Trump seeks to confine China
The Chinese president seeks to keep countries from cutting deals with the U.S. at the expense of his nation.
Economists fail to understand that Donald Trump's tariff policy is part of a broader strategy to prepare the U.S. for long-term competition with China, driven by national security concerns rather than traditional economic or trade policy.
COMMENTARY / Japan
Apr 17, 2025
What economists 'don’t get' about Trump tariffs
My view is that the U.S. has started to prepare seriously for a long-term competition with China for global dominance.
With Prime Minister Shigeru Ishiba's visit to Vietnam and the Philippines later this month, Japan is hoping to counter China through stronger cooperation with Southeast Asian countries.
JAPAN / Politics
Apr 17, 2025
Ishiba to visit Vietnam and the Philippines from April 27
The trip comes at a time when China is cozying up to Southeast Asian countries.
Arata Hirano, owner of the restaurant Shokudou Arata, pours California-grown Calrose rice into a rice cooker at his restaurant in Tokyo.
JAPAN
Apr 17, 2025
More Japanese embracing foreign rice, even before it became a tariff topic
A change in mindset could allow Tokyo leeway to relax restrictions if rice becomes a thorny topic in tariff talks with U.S. President Donald Trump.
A drone view shows a cargo ship at Kwai Tsing Container Terminals in Hong Kong on Wednesday.
BUSINESS / Economy
Apr 17, 2025
U.S. looks to box in China by recruiting other trading partners
Washington is set to ask nations to limit Beijing’s might when they negotiate tariffs.
Bottles of Hakkaisan-brand sake for export
BUSINESS
Apr 17, 2025
U.S. tariffs overshadow Japan's agriculture and food exports
Japanese goods need to be sold by "emphasizing that there are no alternatives" to them, said Kazuhito Yamashita, senior researcher at the Canon Institute for Global Strategies.
U.S. President Donald Trump speaks during a Cabinet meeting at the White House on Thursday in Washington.
JAPAN / Politics / ANALYSIS
Apr 16, 2025
Trump calls the U.S.-Japan alliance ‘one-sided.’ Tokyo says otherwise.
Some observers believe the U.S. president’s worldview is stuck in the 1980s, a time when trade deficits with Japan captured the attention of U.S. policymakers.
Production of Honda’s five-door hybrid Civic is set to be relocated to the firm’s plant in Indiana in June or July.
BUSINESS
Apr 16, 2025
Honda to shift production of Civic from Japan to U.S. due to tariffs
Production of the five-door hybrid model will be relocated around June or July to Honda’s plant in Indiana.
Economic revitalization minister Ryosei Akazawa, Japan's chief tariff negotiator, responds to a question at Haneda Airport in Tokyo ahead of his visit to the United States on Wednesday.
BUSINESS / Economy
Apr 16, 2025
Akazawa, Japan’s tariff czar, jets to Washington for mission impossible 
Tokyo realizes that achieving a satisfactory meeting of the minds with Washington will be a real challenge.
Stacked parcels are seen as an employee stands at a service counter at a post office in Hong Kong on Wednesday.
ASIA PACIFIC / Politics
Apr 16, 2025
Hong Kong postal service halts U.S. parcels over tariff ‘bullying'
The move comes as Trump’s tariff offensive on China increasingly affects the former British colony.
Samples of rare earth minerals on display at the Molycorp Mountain Pass Rare Earth facility in California in 2015
WORLD / Politics
Apr 16, 2025
Seven rare earth metals that China is weaponizing against the U.S.
China’s dominance of both mining and processing rare earth minerals means these niche metals have become a cudgel to use against opponents.
Bank of Japan Gov. Kazuo Ueda
BUSINESS / Economy
Apr 16, 2025
Trump’s tariffs may spur policy response from BOJ, Sankei reports
Bank of Japan Gov. Kazuo Ueda's policy comments reinforce speculation that authorities aren’t likely to consider a near-term rate hike.
Facing a new round of U.S. tariffs, China may devalue the yuan — possibly by as much as 20% — if fiscal stimulus falls short, risking a global currency war as it fights to meet its growth target.
COMMENTARY / Japan
Apr 16, 2025
When will China start to devalue the yuan?
One way to think about China’s currency policy is its fiscal stance. Unless Beijing brings out the stimulus bazooka, devaluing the yuan might be the most expedient option.
Donald Trump’s punitive tariffs have dealt a blow to U.S. credibility and the greenback. It’s a bigger leap to project the currency's demise.
COMMENTARY / World
Apr 16, 2025
King dollar’s reign looks secure — for now
The greenback survived Trump's first term at the pinnacle and will likely endure his second.
The Canton Fair in Guangzhou, China, on Tuesday
BUSINESS / Economy
Apr 16, 2025
Ground zero of China trade boom reckons with decoupling from U.S.
"The China-U.S. relation is beyond salvation — this change of gears is irreversible,” said the China director at a political risk consultancy.
Prime Minister Shigeru Ishiba has sent a delegation to Washington for high-stakes tariff talks, as other nations watch to see if Tokyo can secure favorable terms from the Trump administration.
COMMENTARY / Japan
Apr 16, 2025
If Japan can’t get a good trade deal, can anyone?
The Asian nation is the canary in the tariff coal mine. If it can’t secure a good deal, there’s little hope for others.
Prime Minister Shigeru Ishiba (center) at the Prime Minister's Office on Tuesday
JAPAN
Apr 16, 2025
Japan unlikely to compile extra budget now
Prime Minister Shigeru Ishiba believes it is necessary to closely monitor the impact of U.S. President Donald Trump's tariff policy.
The trade war is ratcheting up tensions between Beijing and Washington. Taipei needs to be more prepared. 
COMMENTARY / World
Apr 15, 2025
Taiwan is under siege with or without tariffs
Taiwan must urgently strengthen defenses and unite politically to counter rising threats from China, despite Trump’s trade war.

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Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
Can a World Expo still matter? Japan is about to find out.