Tag - trade

 
 

TRADE

Blunt letters dictating terms posted to social media and changes late in negotiations have left trading partners wondering what U.S. President Donald Trump will do next.
BUSINESS / Economy / ANALYSIS
Jul 12, 2025
As Trump sows tariff confusion, rules of global commerce give way to chaos
Blunt letters dictating terms posted to social media and changes late in negotiations have left trading partners wondering what Trump will do next.
U.S. Secretary of State Marco Rubio attends the East Asia Summit foreign ministers’ meeting in Kuala Lumpur on Friday.
ASIA PACIFIC / Politics
Jul 12, 2025
Trump tariffs not broached in two ASEAN-related meetings with U.S. officials
The lack of any mention of trade concerns was glaring amid reports that countries are looking at diversifying partnerships as a way to weather U.S. tariffs.
Copper rods are wound at a workshop that recycles the metal in Anqing, China, on Friday.
BUSINESS / Economy / ANALYSIS
Jul 12, 2025
Trump's copper tariffs pile more metal misery on U.S. auto industry
The duties on their own may be manageable, but prices of the red metal vital for making cars have soared to record highs.
U.S. President Donald Trump delivers remarks on tariffs in the Rose Garden of the White House in Washington in April.
BUSINESS / Economy
Jul 12, 2025
A U.S.-EU trade deal hinges on cars, agriculture and Trump
Cars and tariff levels on agriculture have emerged as key sticking points between the European Union and the U.S., sources have said.
Nissan Motor and Honda Motor are planning for Nissan to manufacture pickup trucks, which are popular in the United States, and for Honda to sell them under its own brand, sources have said.
BUSINESS / Companies
Jul 12, 2025
Nissan eyes supplying vehicles to Honda in U.S.
The move would be aimed at improving profitability and plant utilization for a turnaround, while helping mitigate the impact of U.S. tariffs.
U.S. Secretary of State Marco Rubio gestures as he boards his flight before departing from Subang Air Base, on the outskirts of Kuala Lumpur, on Friday.
WORLD / Politics
Jul 11, 2025
Rubio says Xi-Trump summit looking likely
The U.S. envoy said he had a "very constructive and positive” sit-down with Wang Yi on Friday, building on recent momentum in bilateral ties.
As the United States nears its 250th birthday, the Trump administration’s turn toward protectionism, anti-immigration policies and isolationism starkly contrasts with the founding principles of free trade, open borders and international engagement laid out in the Declaration of Independence.
COMMENTARY / World
Jul 11, 2025
Trump’s rejection of America’s founding principles
Without free trade, free immigration and internationalism, America resembles what its founders rebelled against.
Hiroshi Moriyama (left), secretary-general of the Liberal Democratic Party and also head of a suprapartisan group of Japanese lawmakers promoting Japan-China friendship, and Chinese Vice Premier He Lifeng held talks in Osaka on Friday.
JAPAN / Politics
Jul 11, 2025
China to resume Japanese beef imports
China banned Japanese beef imports after the outbreak of mad cow disease in Japan in 2001.
Pacific Investment Management says Japan has become a key destination for global investors as a trade war prompts a reevaluation of capital flows into the U.S.
BUSINESS / Companies
Jul 11, 2025
Pimco sees Japan wooing capital as tariffs spur diversification
Japan is drawing inflows that seek to benefit from "once-in-a-generation structural reforms” in equities and rising rates in fixed income, said the co-head of Pimco in Japan.
U.S. President Donald Trump’s escalating tariffs, erratic trade threats and linkage of economic and defense issues are undermining trust in America and pushing allies like Japan to rethink their dependence on Washington.
EDITORIALS
Jul 11, 2025
Trump declares war on the international economic order
Trump has a simple understanding of international relations. In his mind, might makes right.
Canada will face a 35% tariff on exports to the United States starting Aug. 1, U.S. President Donald Trump said on July 9 in a letter to Canadian Prime Minister Mark Carney.
BUSINESS / Economy
Jul 11, 2025
Trump puts 35% tariff on Canada and eyes 15% to 20% tariffs for others
U.S. President Donald Trump told Canadian Prime Minister Mark Carney the new rate would go into effect on Aug. 1 and would go up if Canada retaliated.
A cargo ship is seen at Rio de Janeiro's port in Brazil on Thursday. Unlike most countries in the world, Brazil actually has a trade deficit with the U.S.
BUSINESS / Economy / ANALYSIS
Jul 11, 2025
Brazil has few exit routes from Trump tariff but feels less pain
The U.S. takes in some 12% of Brazil's exports, less than half what China buys, and worth only around 1% of gross domestic product.
A recent law passed by the Brazilian Congress grants President Luiz Inacio Lula da Silva powers to retaliate against trade barriers.
WORLD / Politics
Jul 11, 2025
Brazil's Lula pledges retaliation to Trump tariffs but keeps diplomacy open
The "law of reciprocity will be put into practice," the Brazilian president says.
Takeshi Niinami, Suntory Holdings CEO and chairperson of the Japan Association of Corporate Executives
BUSINESS / Economy
Jul 10, 2025
Japan's united front on tariffs begins to crack as doubts raised
A senior business leader has questioned the effectiveness of the government in negotiating with the U.S.
In June, the export price index for vehicles shipped to North America plunged 19.4% from a year earlier on a contract currency basis.
BUSINESS / Companies
Jul 10, 2025
Japanese carmakers slash export prices to U.S. to offset tariff hit
The move raises concerns over companies’ profitability and whether they can continue to keep raising wages at home.
Rare earth magnets in Baotou, China. India is planning to spur local production of rare-earth magnets to cut its reliance on China.
BUSINESS
Jul 10, 2025
India plans to kickstart rare-earth magnet output to cut China reliance
China's tightening of export controls on rare earths amid a trade war with the U.S. has disrupted supply chains for global carmakers, including those operating in India.
Indian Prime Minister Narendra Modi. Officials in New Delhi say they’re not overly alarmed by U.S. President Donald Trump’s latest tariff threats for now.
BUSINESS
Jul 10, 2025
Trump’s BRICS warning to India adds new twist to trade deal
U.S. President Donald Trump said India could face an additional 10% tariff alongside other members of BRICS, which he has labeled "anti-American.”
A container ship in Cebu City, the Philippines. The Philippines  sent some $14.1 billion of goods to the U.S. last year.
BUSINESS / Markets
Jul 10, 2025
Trump unveils new tariff rates, including 50% levy on Brazil
Trump cited the treatment of Jair Bolsonaro — Brazil's former populist president — calling on authorities to drop charges against him over an alleged coup attempt.
U.S. President Donald Trump speaks as Attorney General Pam Bondi (left) and Secretary of State Marco Rubio (center) look on during a Cabinet meeting at the White House in Washington on Tuesday.
JAPAN / Politics / ANALYSIS
Jul 9, 2025
Trump signals continuing trade-defense link as tariff talks drag on
The U.S. leader has again alleged that Seoul is taking advantage of Washington on defense spending and burden-sharing — a worrying sign that may also have implications for Tokyo.
A sample of gallium (Ga)
BUSINESS
Jul 9, 2025
How U.S. buyers of critical minerals bypass China's export ban
Trade data illustrate a re-routing of U.S. shipments via third countries — an issue Chinese officials have acknowledged.

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