Tag - trade

 
 

TRADE

U.S. President Donald Trump's 100th day rally in Warren, Michigan, on April 29
BUSINESS
May 4, 2025
Auto workers welcome Trump tariffs, no matter the fate of Wall Street
According to some autoworkers, the tariffs are their best chance of restoring American manufacturing might.
Warren Buffett, CEO of Berkshire Hathaway, speaks to the media as he arrives at an annual shareholders meeting in Omaha, Nebraska, in May, 2019.
BUSINESS / Companies
May 4, 2025
Warren Buffett to retire from Berkshire Hathaway by year's end
Buffett indicated several years ago 62-year-old Greg Abel would be his pick for successor.
A Shein pop-up store in New York. Many goods imported from China now face a 145% tariff.
BUSINESS
May 3, 2025
Young Americans sour on Trump’s China tariffs despite election-year bump
For Republicans, the trade war is poised to reverse gains with a demographic that could be key to maintaining control of Congress.
Ryosei Akazawa, Japan's tariff envoy, speaks to members of the media at the Japanese Embassy in Washington on May 1.
BUSINESS
May 3, 2025
Japan's tariff envoy says Tokyo insisting on U.S. rethink
After arriving back in Japan, Ryosei Akazawa told reporters that the two sides "made progress" toward an agreement, but stressed Tokyo was insisting that all tariffs be reviewed.
A Honda vehicle is assembled at a plant in Lincoln, Alabama. Despite concerns about U.S. President Donald Trump's economic policies, around half of Japanese firms remain committed to the American market, according to a recent survey.
COMMENTARY / Japan / Geoeconomic Briefing
May 2, 2025
Japan Inc. cautiously optimistic despite rising uncertainty
Trump's economic policies and geopolitical risks are front of mind for many Japanese companies. But many remain committed to staying in the U.S. and China, says a recent survey.
The economic fallout from the U.S.-China confrontation may be giving new momentum to efforts to bring both sides to the negotiating table.
ASIA PACIFIC / Politics
May 2, 2025
China says it’s assessing U.S. talks, hinting at possible thaw
U.S. President Donald Trump has repeatedly said Chinese President Xi Jinping needs to contact him in order to begin tariff talks.
U.S. Commerce Secretary Howard Lutnick (far left), U.S. Treasury Secretary Scott Bessent (left) and Ryosei Akazawa, Japan's chief tariff negotiator. The second round of tariff negotiations between Japan and the United States were held on Thursday in Washington.
BUSINESS / Economy
May 2, 2025
Second round of U.S.-Japan tariff talks ends inconclusively in Washington
Neither foreign exchange rates nor defense spending were discussed, said Ryosei Akazawa, Japan's chief tariff negotiator.
While the results were better than analysts had expected, investors are focused on how tariff concerns will play out in the coming quarter.
BUSINESS / Companies
May 2, 2025
Tim Cook says unchanged U.S. tariffs could dent Apple’s next-quarter margins
Apple Q2 beats expectations but warns that unchanged tariffs could cost the company $900 million and requires drastic supply-chain realignment.
U.S. President Donald Trump (center), Secretary of State Marco Rubio (left) and Secretary of Defense Pete Hegseth attend a Cabinet meeting at the White House in Washington on Wednesday.
WORLD / Politics
May 1, 2025
Trump's Cabinet shrugs off economic contraction, at odds with pledges
Figures show U.S. gross domestic product contracted at an annual rate of 0.3 percent in the first quarter.
U.S. President Donald Trump during a cabinet meeting at the White House in Washington on Wednesday.
WORLD / Politics
May 1, 2025
Trump says tariffs politically risky, but he’s not rushing deals
Trump said there was a significant political risk to his efforts, but added that he remained determined to push on.
U.S President Donald Trump meets with economic revitalization minister Ryosei Akazawa at the White House during Akazawa's first trip to the U.S. to discuss tariffs.
BUSINESS / Economy
Apr 30, 2025
Akazawa heads to Washington as Japanese automakers 'losing $1 million an hour' 
Speaking to reporters at Haneda Airport in Tokyo, Japan’s chief trade negotiator remained polite but firm as he suggested that the pressure is on.
A drone view shows the car market in Sarmada town, Idlib, Syria, on March 17.
WORLD / Politics
Apr 30, 2025
A tale of two Syrias: Free-market opening sows resentment of new rulers
Bashar Assad's mismanagement helped push the country of 24 million into an economic tailspin, amid Western sanctions and brutal civil war.
Trade minister Yoji Muto
BUSINESS
Apr 30, 2025
Japan keen to team up with ASEAN for free trade system
ASEAN said it will continue constructive dialogue with Washington while maintaining the rules-based multilateral trade system.
Amazon packages at a distribution center in Washington
BUSINESS / Companies
Apr 30, 2025
Amazon denies tariff label pivot after Trump called to complain
The administration’s broadsides against Amazon on Tuesday highlighted the potential political risk for companies if they decide to break out the cost of tariffs for customers.
Japan’s carmakers are being pushed to combine their resources in an environment roiled by tariffs, as well as to counter Chinese auto firms’ rapid expansion.
BUSINESS / Companies
Apr 30, 2025
Japan's carmakers face consolidation amid tariffs and China's rise, says hedge fund
Man Group’s Stephen Harget thinks the phenomenon could be Japan-specific as automakers in other regions have already been through such a cycle.
Prime Minister Shigaru Ishiba and CDP head Yoshihiko Noda at a parliamentary session in Tokyo on April 23.
JAPAN / Politics
Apr 30, 2025
Ishiba hears advice from across the aisle on how Japan should handle Trump
A shared sense of national crisis and a desire to appeal to voters ahead of the July Upper House elections is pushing opposition parties to speak up.
Chinese President Xi Jinping and Kenyan President William Ruto attend a welcome ceremony at The Great Hall of The People on April 24 in Beijing.
WORLD / Politics
Apr 30, 2025
Xi is trying to turn world against U.S. as Trump cuts deals
Chinese officials are racing to turn foreign governments against the U.S.
Industrial production dropped 1.1% in March compared with the previous month, according to the industry ministry.
BUSINESS / Companies
Apr 30, 2025
Japan's factory output falls in sign of frailty before tariffs
Industrial production dropped 1.1% in March compared with the previous month, the industry ministry reported Wednesday. Economists had forecast a 0.4% drop.
Canada's Prime Minister Mark Carney speaks to the media upon arriving at his office on Parliament Hill on Tuesday in Ottawa. Carney pledged Tuesday to beat the United States in Donald Trump's trade war after winning Canada's election and leading his Liberal Party to another term in power.
WORLD / Politics
Apr 30, 2025
Carney’s plan to manage Trump: Keep calm, find new friends
Carney assured anxious voters that the country could not just survive the trade war — but win it.
U.S. President Donald Trump at his 100th day rally in Michigan on Tuesday
WORLD / Politics
Apr 30, 2025
Trump bashes Powell and touts tariffs at rally marking 100 days
The president’s denunciation came even though earlier this month he said he did not plan to fire the central bank chief.

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