Tag - trade

 
 

TRADE

With Trump's tariffs, countries with lower labor costs like China will continue to outcompete the United States and gain stronger footholds in global markets.
COMMENTARY / World
Apr 9, 2025
Trump’s tariffs will accelerate America’s economic decline
Trump’s critics rightly point out that the tariff will raise U.S. car prices, but that is just one of its many drawbacks.
U.S. Secretary of Defense Pete Hegseth (left) talks with Panama Canal Authority Administrator Ricaurte Vasquez during a tour of the Miraflores locks, in Panama City, Panama, on Tuesday.
WORLD / Politics
Apr 9, 2025
U.S. will not let China disrupt Panama Canal: Pentagon chief
U.S. Defense Secretary Pete Hegseth said the U.S. and Panama together would "take back the Panama Canal from China's influence" and keep it open to all nations.
A woman looks at cranes and shipping containers from an observation platform at Pyeongtaek port in Pyeongtaek, South Korea, on April 2.
BUSINESS / Markets
Apr 9, 2025
Trump optimistic after call about tariffs with South Korea
South Korea's trade minister is traveling to Washington to meet U.S. Trade Representative Jamieson Greer for tariff negotiations.
Traders work on the floor of the American Stock Exchange (AMEX) area of the New York Stock Exchange (NYSE) on Friday.
BUSINESS / Markets
Apr 9, 2025
Market calm is shattered as abrupt selloffs roil Wall Street
As recession fears build, markets have continued to flash warning signs.
Economic revitalization minister Ryosei Akazawa enters the Prime Minister's Office in Tokyo on Tuesday.
BUSINESS / Economy
Apr 8, 2025
Japan and U.S. appoint tariff negotiators after Ishiba-Trump phone call
Ryosei Akazawa, minister in charge of economic and fiscal policy, will spearhead talks with the U.S.
A screen displays rising share prices outside a securities firm in Tokyo on Tuesday.
BUSINESS / Markets
Apr 8, 2025
Japan stocks rebound on hopes of Trump tariff deal and weaker yen
Major shares on the Tokyo Stock Exchange ended Tuesday's session at 33,012.58, up 1,876 points, or 6.02%, from Monday, when it suffered its third-biggest daily point loss.
Nippon Steel’s proposal to buy U.S. Steel is being given a second national security review by U.S. President Donald Trump.
BUSINESS / Companies
Apr 8, 2025
Nippon Steel’s purchase of U.S. Steel to get new national security review
The order for a second review came after a call between Trump and Prime Minister Shigeru Ishiba over the tariffs.
Japan posted a surplus in the current account balance for the first time in two months, mainly as the trade balance turned into a surplus.
BUSINESS / Economy
Apr 8, 2025
Japan's current account surplus hits record high in February
The country posted a surplus in the current account balance, mainly as the trade balance turned into a surplus.
Japan is facing challenges with Donald Trump's new tariffs and is considering increased purchases of U.S. goods, negotiating tariff reductions and expanding auto production in the U.S. to reduce the trade deficit and avoid further economic tension.
COMMENTARY / Japan
Apr 8, 2025
What is Japan's play on Trump's tariffs?
Japan had expected some consideration for being the largest source of foreign direct investment in the U.S. from 2019 to 2024, with total investment of around $860 billion.
Donald Trump’s complaints about Japan’s auto market are based on misconceptions, as Japan has not imposed car tariffs since 1978 and American cars fail to meet local preferences.
COMMENTARY / Japan
Apr 8, 2025
The Japan tariff myth that just won’t die
The belief that unfair trade practices are at fault isn’t only false, but also one of those enduring myths that refuses to die.
A television station broadcasts U.S. President Donald Trump speaking during a Rose Garden event, on the floor of the New York Stock Exchange in New York on Wednesday.
BUSINESS / Markets / FOCUS
Apr 8, 2025
Frustrated world leaders wonder if Trump even wants a deal
U.S. President Donald Trump has set a high bar, telling reporters that any agreements would need to eliminate bilateral trade deficits.
U.S. President Donald Trump meets with Israeli Prime Minister Benjamin Netanyahu in the Oval Office of the White House in Washington on Monday.
BUSINESS / Economy
Apr 8, 2025
Trump threatens to hike China tariffs further as market plunge continues
A global trade war touched off by U.S. President Donald Trump's sweeping tariffs escalated further on Monday.
Prime Minister Shigeru Ishiba attends a joint press conference with U.S. President Donald Trump at the White House in Washington on Feb. 7.
JAPAN / Politics
Apr 7, 2025
Japan responds to Trump's tariffs with a polite phone call and request
The call was the first interaction between the two leaders since the U.S. president rolled out new tariffs targeting almost every country on the planet.
Kwai Chung container ports in Hong Kong earlier this month
BUSINESS / Markets
Apr 7, 2025
East Asia tries a mix of measures to counter U.S. tariffs as markets suffer
U.S. President Donald Trump last week announced a raft of tariffs, with almost every country affected.
Prime Minister Shigeru Ishiba said Japan does not intend to seek direct confrontation with the U.S. over the newly levied tariffs, during a parliamentary committee session in Tokyo on Monday.
BUSINESS / Economy
Apr 7, 2025
Japan to avoid direct confrontation with the U.S. over Trump tariffs
The Japanese prime minister is calling for a more diplomatic and fact-based approach, in part by examining U.S. allegations about trade barriers.
Prime Minister Shigeru Ishiba attends a news conference in Tokyo on April 1. The approval rating for Ishiba's Cabinet fell to 30.6% over the weekend, according to a JNN poll.
JAPAN / Politics
Apr 7, 2025
Ishiba under pressure to take stronger stance against U.S. on tariffs
Some opposition leaders are urging the prime minister to rally his party around a strategy before speaking with the U.S. president, but others are eyeing his removal.
Pedestrians stand in front of an electronic board showing the numbers of the Nikkei Stock Average on the Tokyo Stock Exchange along a street in the Japanese capital on Monday.
BUSINESS / Markets
Apr 7, 2025
Nikkei plunges in third-biggest daily loss ever amid Trump tariff concerns
The index closed down 2,644 points, or 7.82%, from Friday at 31,136.58, its lowest finish since Oct. 31, 2023.
U.S. President Donald Trump boards Air Force One as he departs for Washington, at Palm Beach International Airport in Palm Beach, Florida, on Sunday.
BUSINESS / Economy
Apr 7, 2025
Trump team rejects market fears, projecting defiance on tariffs
U.S. President Donald Trump’s top economic officials dismissed investors’ fears of inflation and recession, insisting a boom is on the horizon.
Billionaire Bill Ackman — an ally of U.S. President Donald Trump — has said the new U.S. trade regime is a "mistake.”
BUSINESS / Economy
Apr 7, 2025
Hedge fund billionaires denounce Trump’s tariffs as rout deepens
The widening criticism came as Trump offered no indication he was prepared to claw back a punishing trade overhaul set to begin on April 9.
People walk past the communist-era Palace of Culture and Science in the center of Warsaw on April 2.
BUSINESS / Economy
Apr 7, 2025
Sex toys and exploding cosmetics: anatomy of a 'hybrid war' on the West
European security chiefs described the parcel fires as part of a "hybrid war" being waged by Russia to destabilize countries that support Ukraine.

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Dangami House is a 180-year-old former samurai residence of the Kato clan, who ruled over Ozu, Ehime Prefecture, until the Meiji Restoration.
A house, a legacy and the quiet work of restoration in rural Japan