Tag - tariffs

 
 

TARIFFS

An employee of Kyowa Industrial walks next to the company's factory in Takasaki, Gunma Prefecture, in April.
BUSINESS / Companies
May 24, 2025
Tariff crossfire hits Toyota, Nissan and Ford suppliers in Japan
Thousands of small and midsize makers of auto parts in Japan, including suppliers for Toyota and Nissan, are facing a crisis as U.S. tariffs threaten their bottom lines.
Honda's assembly plant in Greensburg, Indiana, seen Friday, makes the hybrid and gasoline versions of its popular CR-V SUV and flagship Civic.
BUSINESS / Companies
May 24, 2025
Honda to boost hybrid vehicle production in U.S.
The automaker will also expand procurement of U.S.-made vehicle parts, including batteries for hybrid vehicles.
A worker walks near a fishing vessel under maintenance at the Kidoura Zosen K.K. shipyard in Kesennuma, Miyagi Prefecture.
BUSINESS
May 24, 2025
Japan looks to use U.S. shipbuilding cooperation as card in tariff talks
By highlighting its cooperative stance toward the United States, the Japanese government hopes to fend off U.S. tariffs.
Ryosei Akazawa, Japan’s chief tariff negotiator, shakes hands with U.S. Trade Representative Jamieson Greer in Washington on Friday.
BUSINESS / Economy
May 24, 2025
U.S. and Japan eye June G7 leaders’ summit for possible tariff deal
Ryosei Akazawa, Japan’s chief tariff negotiator, met separately with U.S. Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer in Washington.
The ASEAN logo is displayed with Kuala Lumpur's skyline in the background on Friday ahead of an ASEAN summit in the city.
BUSINESS / Economy / FOCUS
May 24, 2025
U.S. tariff tensions test Southeast Asian leaders at regional summit
ASEAN leaders will express deep concern over U.S. President Donald Trump's tariff blitz when they meet at a summit Monday, according to a draft statement.
U.S. President Donald Trump arrives in Washington on Thursday.
BUSINESS / Companies
May 23, 2025
Trump re-escalates trade threats, aiming at Apple and European Union
The tech giant has become a frequent Trump target in his push to force companies to bring more manufacturing jobs to the U.S.
Prime Minister Shigeru Ishiba briefs reporters after his call with U.S. President Donald Trump on Friday.
BUSINESS / Economy
May 23, 2025
Ishiba and Trump speak as Akazawa heads to Washington
The call raised hopes for a breakthrough as Japan's chief tariff negotiator heads to the U.S. for a third round of high-level negotiations.
Finance Minister Katsunobu Kato (right) and Bank of Japan Gov. Kazuo Ueda wait for a group photograph to be taken at a meeting of Group of Seven finance ministers and central bank governors’ in Banff, Canada, on Wednesday.
BUSINESS / Economy
May 22, 2025
Japan and U.S. reaffirm commitment to letting markets set currency rates
Finance Minister Katsunobu Kato and U.S. Treasury Secretary Scott Bessent have made a point of not discussing a target yen-dollar rate.
A cargo ship bound for China during a ceremony at a port in the northern Taiwan city of Keelung. Skittish foreign investors have pulled nearly $11 billion out of Taiwan stocks this year.
BUSINESS / Markets
May 22, 2025
No place to hide from any China-Taiwan conflict, investors say
For investors, the options are to stay out of Taiwan completely or stay invested and hope for the best.
Ryosei Akazawa, Japan's top tariff negotiator, is set to visit Washington to have talks with U.S. officials as early as Saturday.
BUSINESS / Economy
May 21, 2025
Japan and U.S. may hold third round of tariff talks as early as Saturday
Chief tariff negotiator Ryosei Akazawa is set to make a three-day visit to the U.S. from Friday.
Japan’s trade balance swung into a deficit in April after two months in the black as growth in its exports slowed.
BUSINESS / Economy
May 21, 2025
Japan’s exports slow as U.S. tariffs bite, risking a recession
Exports measured by value gained 2% in April from a year earlier, slowing from March’s 4% as cars and steel dragged on shipments.
A worker handles photovoltaic cells at Irex Energy JSC's manufacturing facility in Vung Tau, Vietnam, on July 15, 2019. The U.S. International Trade Commission has concluded that solar cells and modules imported from Cambodia, Malaysia, Thailand and Vietnam injure the domestic industry.
BUSINESS / Tech
May 21, 2025
U.S. clears way for tariffs on $13 billion of solar imports
The U.S. International Trade Commission has concluded that solar cells and modules imported from Cambodia, Malaysia, Thailand and Vietnam injure the domestic industry.
Indian Prime Minister Narendra Modi meets with U.S. President Donald Trump at the White House on Feb. 13. Trump’s coercive use of trade threats against India during the Pakistan military crisis has undermined trust in the U.S.-India partnership and exposed Washington as an unreliable security ally.
COMMENTARY / Japan
May 21, 2025
Trump’s wake-up call for India’s foreign policy
Trump may have done India a favor. His actions have exposed an uncomfortable truth: Under his leadership, the U.S. is not a dependable partner in matters of security.
A RAV4 model in 2018. The latest generation of the compact crossover available later this year comes equipped with a standard or plug-in hybrid powertrain, dropping the gas-powered option that makes up the bulk of current sales in the U.S.
BUSINESS / Companies
May 21, 2025
Toyota takes all-hybrid plunge with its bestselling U.S. vehicle
Toyota has long been skeptical of the industry push to go all-in on fully electric vehicles, opting instead for a multipronged approach.
A branch of Danish jewelry maker Pandora in central Copenhagen on Feb. 6, 2024. Pandora CEO Alexander Lacik said the company is debating whether to raise prices globally or more in the U.S.
BUSINESS / Economy
May 21, 2025
Global retailers' tariff strategy risks spreading pain beyond U.S. consumer
Raising prices elsewhere to avoid big hikes in the U.S. risks fueling inflation in those other markets.
Elon Musk boards Air Force One at Joint Base Andrews in Maryland on March 21
BUSINESS / Tech
May 21, 2025
Musk commits to Tesla CEO role and plans political pullback
"If I see a reason to do political spending in the future, I will do it,” Musk said. "I do not currently see a reason.”
Honda CEO Toshihiro Mibe says the company's investment plans for electric vehicles have been scaled back during a news conference in Tokyo Tuesday.
BUSINESS / Companies
May 20, 2025
Honda walks back EV investment and sales targets on poor demand
Honda now sees hybrids accounting for 2.2 million of 3.6 million in global sales by 2030, up from the 2 million it previously saw.
Ryosei Akazawa, Japan’s chief tariff negotiator, at a news conference on Tuesday. He said that when Japan states it wants the tariffs reviewed, it means Tokyo wants them removed.
BUSINESS / Economy
May 20, 2025
Japan confirms hard-line position ahead of possible tariff talks in Washington
Tokyo wants all new levies put into place by the administration of U.S. President Donald Trump completely removed.
Shipping containers in Oakland, California, on May 12
WORLD
May 20, 2025
Even on nontariff issues G7 finance leaders may still face U.S. pushback
A source briefed on U.S. positions in the talks in Canada has said that any consensus needs to align with Trump administration priorities.
Wendy McMahon, CEO of CBS News, speaks during the Axios BFD event in New York on Oct. 12, 2023.
BUSINESS / Companies
May 20, 2025
CBS News boss resigns amid tensions with Trump admin
"The past few months have been challenging," CEO Wendy McMahon wrote in a goodbye letter to staff. "It's become clear that the company and I do not agree on the path forward."

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