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October 15, 2025
 

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TARIFFS

Indian Prime Minister Narendra Modi at the presidential palace in New Delhi on Aug. 5
BUSINESS / Economy
Aug 27, 2025
U.S. slams India with 50% tariffs, among highest in the world
The move upends a decadeslong push by Washington to forge closer ties with New Delhi and court India as a counterweight to China.
A man reads The Times of India newspaper in Delhi on Wednesday. Donald Trump’s tariffs on India expose New Delhi’s overreliance on U.S. exports but also create an opening for India to pivot toward Asia.
COMMENTARY / World
Aug 27, 2025
Trump’s tariffs should spur Indo-Japan convergence
Historically, India has never been a treaty ally of the U.S., but it has maintained a strong relationship with America.
Chief negotiator Ryosei Akazawa will be pushing for U.S. auto tariffs to be lowered soon.
BUSINESS / Economy
Aug 27, 2025
Akazawa heading to Washington for 10th round of tariff talks
The U.S. promises clarity on Japan's $550 billion pledge by the end of the week.
A craftsman checks the grading of a polished diamond in the grading department of a diamond processing unit in Surat, India, on Aug. 15.
BUSINESS / Markets
Aug 27, 2025
In India's diamond hub, looming U.S. tariffs cut into growing trade ambitions
Trump's levies threaten to sever India's access to its largest diamond market, which accounts for nearly a third of its $28.5 billion annual shipments of gems and jewelry.
Containers at a dock at the Port of Cape Town in Cape Town in 2024. China’s exports to Africa so far in 2025 are more than in the whole of 2020 and on track to exceed $200 billion for the first time.
BUSINESS / Markets
Aug 27, 2025
China is pouring exports into Africa faster than anywhere else
China’s exports to Africa so far in 2025 are more than in the whole of 2020 and on track to exceed $200 billion for the first time.
U.S. Commerce Secretary Howard Lutnick suggested that an agreement between the U.S. and Japan will be made public soon.
BUSINESS / Economy
Aug 26, 2025
Agreement on Japan’s $550 billion investment pledge to be released this week
The U.S. commerce secretary continues to insist that the U.S. president will control the funds.
Japan Post's UGX will still be available for many rejected packages.
BUSINESS / Economy
Aug 26, 2025
Japan Post to stop accepting some parcels for shipment to the U.S.
Packages containing commercial items or valued above $100 will be rejected.
A worker operates machinery at a sawmill in Sundsvall, Sweden
BUSINESS / Companies
Aug 26, 2025
Tariff uncertainty leaves European companies with tough decisions
There are difficult conversations with American customers about pricing and hard choices to be made about where to invest in.
U.S. President Donald Trump and South Korean leader Lee Jae Myung attend a bilateral meeting in the Oval Office at the White House in Washington on Monday.
ASIA PACIFIC / Politics
Aug 26, 2025
'Peacemaker’ Trump says he wants to meet North Korea’s Kim this year
The U.S. president said “big progress” was possible, during a summit with South Korean leader Lee Jae Myung in Washington that also focused on defense and trade issues.
U.S. Attorney General Pam Bondi speaks next to U.S. Vice President JD Vance and Terry Cole, Administrator of the U.S. Drug Enforcement Administration (DEA), during the signing of executive orders by U.S. President Donald Trump in the Oval Office at the White House in Washington on Monday.
BUSINESS / Tech
Aug 26, 2025
U.S. weighing sanctions on EU officials implementing Digital Services Act
The law aims to make the online environment safer, in part by compelling tech giants to tackle illegal content such as hate speech and child sexual abuse material.
To critics, the White House move to invest in chipmaker Intel threatens the U.S. business world's nimbleness.
BUSINESS / Markets
Aug 26, 2025
Trump wants more deals such as Intel's, worrying business community
The approach upends a decades-old view of the U.S. economy, in which the government only took corporate stakes in rare emergencies.
South Korean President Lee Jae Myung and Prime Minister Shigeru Ishiba shake hands at joint press announcement after summit talks in Tokyo on Saturday.
JAPAN / Politics
Aug 24, 2025
At meeting rich in symbolism, Ishiba and South Korea's Lee agree to steadily build ties
In the two countries' first joint document in 17 years, the leaders agreed to work together "to advance future-oriented and mutually beneficial common interests."
Statues of bulls in Pudong's Lujiazui Financial District in Shanghai on Aug. 18
BUSINESS / Markets
Aug 24, 2025
Bubble risks grow as China’s stock bull run defies economy angst
A deflationary spiral that’s eroded corporate pricing power in the world’s second-largest economy is one of the biggest reasons to doubt the sustainability of the current rally.
Canadian Prime Minister Mark Carney walks after speaking, as Canada announced that it is removing many retaliatory tariffs on U.S. goods as a goodwill gesture designed to restart stalled trade talks, during a news conference on Parliament Hill in Ottawa on Friday.
BUSINESS / Economy / FOCUS
Aug 23, 2025
Carney’s tariff shift helps business and creates a political headache
On Friday, Carney announced the end of 25% retaliatory tariffs imposed by his predecessor, Justin Trudeau, on a wide range of food and other consumer goods.
Sergio Gor
ASIA PACIFIC / Politics
Aug 23, 2025
Trump nominates Sergio Gor to be next U.S. ambassador to India
Sergio Gor, who is currently the director of the White House Presidential Personnel Office, would also serve as a special envoy for South and Central Asian affairs.
Federal Reserve Chairman Jerome Powell attends the Kansas City Federal Reserve's Jackson Hole Economic Policy Symposium in Moran, Wyoming, on Friday.
BUSINESS / Economy
Aug 23, 2025
U.S. Fed chair opens door to rate cut as Trump steps up pressure
But Fed chief Jerome Powell also continued to argue that policymakers must guard against the prospect that President Donald Trump’s tariffs lead to persistent inflation.
Prime Minister Shigeru Ishiba delivers a speech at the closing ceremony of the Japan-led Ninth Tokyo International Conference on African Development, or TICAD 9, on Friday in Yokohama.
JAPAN
Aug 22, 2025
TICAD adopts Yokohama Declaration to strengthen multilateral trade
The communique emphasized proposals to solve problems facing African states, apparently reflecting Japan's wish to highlight a different approach to that of China.
The Port of Los Angeles. A U.S. official, speaking on condition of anonymity, said European carmakers could see relief from the current U.S. tariffs within "hopefully weeks."
BUSINESS / Economy
Aug 22, 2025
EU pushes for reduced U.S. auto tariffs to apply retroactively from Aug. 1
The statement came as the partners set out details of a framework trade deal struck in July.
U.S. President Donald Trump speaks about the economy in the Oval Office on Aug. 7. From immigration to the Fed, Trump is making risky moves that could undo his wins while Democrats double down on policies that so far are not working.
COMMENTARY / World
Aug 20, 2025
On economic policy, the White House is its own worst enemy
The White House needs to calm down and choose consolidation over controversy and chaos while the Democratic Party must dump, not just downplay, its plainly unpopular positions.
U.S. Commerce Secretary Howard Lutnick said that a document on his country's trade deal with Japan is being prepared.
BUSINESS / Economy
Aug 20, 2025
Lutnick: Japan’s $550 billion will be directed by Trump
The U.S. commerce secretary said the funds promised by Tokyo in the course of tariff talks will be deployed to benefit the United States.
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.
Pace eyes great strides for Japan’s art market
Pace Japan Vice President Kyoko Hattori, the de facto head of the nation’s business, believes a larger, more lucrative art market will allow Japan to be more attractive for collectors.
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.

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By Patrick St. Michel

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