Tag - trade

 
 

TRADE

Honda said its net profit halved in the first quarter because of U.S. tariffs, but upgraded its annual profit forecast after Tokyo finally hammered out a trade deal with Washington.
BUSINESS / Companies
Aug 6, 2025
Honda raises annual profit guidance despite U.S. tariff impact
The upward revision to operating profit was because of the tariff level and foreign exchange outlook, according to Honda.
National flags line a street to mark Swiss national day in Geneva, Switzerland, on Friday, when U.S. President Donald Trump announced he will impose a 39% tariff on imports from Switzerland, one of the steepest levies globally that threatens to leave the country’s key exports reeling.
BUSINESS / Economy
Aug 6, 2025
Switzerland’s go-it-alone approach tested by Trump tariff shock
For the pro-EU voices in Switzerland, the chaotic back and forth with the U.S. on trade will give them fresh reason to push the benefits of ties with the bloc.
U.S. President Donald Trump at the White House on Tuesday. He told CNBC that investment pledges are like signing bonuses.
BUSINESS / Economy
Aug 6, 2025
Trump: The $550 billion pledged by Japan is 'our money'
The U.S. president told CNBC that he is free to invest the funds however he wishes.
A cargo ship at the port of Oakland, California, on Aug. 4
BUSINESS / Economy
Aug 6, 2025
U.S. trade deficit narrowed 16% in June as high tariffs cast shadow on services
Days after reporting that the goods trade deficit fell to its lowest since September 2023, the U.S. said the full deficit including services was also its narrowest since then.
U.S. President Donald Trump said Monday he’ll increase the tariff rate for India "substantially” because of New Delhi’s refusal to halt the buying of Russian oil.
WORLD / Politics
Aug 6, 2025
Trump’s staffing gaps complicate India’s bid to ease U.S. tensions
It’s become urgent for New Delhi to make its case to Washington after being unexpectedly slapped with a 25% tariff and facing further threats over its ties with Russia.
U.S. President Donald Trump’s aggressive economic policies during his second term — including sweeping tariffs — risk triggering long-term damage to U.S. competitiveness and trust in the dollar.
COMMENTARY / World
Aug 6, 2025
The true costs of Trump’s economic agenda
President Donald Trump’s efforts to bring back manufacturing jobs have yielded little progress so far and are jeopardizing U.S. competitiveness.
U.S. Secretary of the Treasury Scott Bessent and Economic Revitalization Minister Ryosei Akazawa. Akazawa, Japan's chief tariff negotiator, is returning to the United States for another round of trade talks.
BUSINESS / Economy
Aug 5, 2025
Akazawa returns to U.S. for more talks as tariff deal looks shaky
Japan is urging the United States to cut the tariff on cars as soon as possible.
Demonstrators protest U.S. President Donald Trump's tariffs on Brazilian products at a rally outside the U.S. Consulate in Sao Paulo on Friday.
COMMENTARY / World
Aug 5, 2025
Trump’s tariffs defy the doomsayers — so far
Despite nearly uniform predictions of doom and disaster, the global economy has largely ignored the Trump trade revolution.
KIA vehicles are parked to be exported at a port in Pyeongtaek, South Korea, on July 31.
BUSINESS
Aug 5, 2025
South Korea and U.S. prepare for summit with details of trade deal unresolved
U.S. President Donald Trump may use the summit with counterpart Lee Jae Myung to seek more concessions on defense costs and corporate investments, left out of the deal.
U.S. President Donald Trump delivers remarks on tariffs at the White House on April 2. Power over principle is shifting global trade dynamics under the Trump administration.
COMMENTARY / World
Aug 5, 2025
No, Trump is not the ‘transactional’ president he feigns
Reliable dealmaking depends on two essential conditions: good faith and a stable set of rules, backed by reliable enforcement mechanisms.
U.S. President Donald Trump (left) and Indian Prime Minister Narendra Modi shake hands at the conclusion of a joint news conference in the White House in Washington on Feb. 13.
WORLD / Politics
Aug 5, 2025
Trump again threatens India with harsh tariffs over Russian oil purchases
A spokesperson for the Indian foreign ministry said in response that India will "take all necessary measures to safeguard its national interests and economic security."
Prime Minister Shigeru Ishiba (left) and Economic Revitalization Minister and chief tariff negotiator Ryosei Akazawa attend a budget committee session on the U.S. tariff issue in the Lower House in Tokyo on Monday.
JAPAN / Politics
Aug 4, 2025
Opposition parties fume over U.S. trade deal not being put in writing
Prime Minister Shigeru Ishiba said issuing a joint document with the U.S. will not serve the nation’s interests and may instead jeopardize the agreement.
China is not merely moving more goods; it is exporting a new, ruthlessly efficient production model powered by automation, AI and state-guided industrial optimization.
COMMENTARY / World
Aug 4, 2025
China’s unbeatable new production model export
The more pressing concern, however, is not what China exports, but how. Global cost structures are indeed being reshaped.
U.S. President Donald Trump and European Commission President Ursula von der Leyen shake hands following the announcement of a new U.S.-EU trade deal on July 27 in Turnberry, Scotland.
COMMENTARY / World
Aug 4, 2025
The EU’s economic surrender only deepens its dependence on the U.S.
The European Union’s tariff deal with U.S. President Donald Trump highlights the bloc’s inability to present a united front.
Japan's exports of food and farm produce between January and June were the highest on record for 19 items, including green tea.
BUSINESS
Aug 4, 2025
Japan food exports expand 15.5% in January to June
Exports to the U.S. hit a record first-half high of ¥141.0 billion, up 22.0% and driven by robust demand for scallops, green tea and yellowtail.
Local varieties of rice are sold in a market in Marikina City, Manila, on Oct. 6, 2023.
BUSINESS
Aug 4, 2025
Top rice importer Philippines may halt purchases to help farmers
The plan comes at a time when improving global supply prospects for the grain have pushed benchmark Asian prices to an eight-year low.
Fujifilm raised U.S. prices for the majority of its digital cameras and lenses last week, as the U.S. tariffs continue to reverberate across the consumer tech industry.
BUSINESS / Companies
Aug 3, 2025
Fujifilm raises camera and lens prices in the U.S. due to tariffs
Many of the company’s camera bodies are now $200 more expensive than they were on Thursday evening.
U.S. President Donald Trump raises his fist as he boards Air Force One at Joint Base Andrews in Maryland on Friday.
BUSINESS / Economy / FOCUS
Aug 3, 2025
Trump’s economic agenda is losing support, but Democrats see few gains
Democrats looking to retake the House of Representatives need to convince voters they can be trusted on issues like fighting inflation and lowering the cost of housing.
Workers stitch shirts at a textile factory in Noida, India, on Thursday. The U.S. is India’s largest trading partner, with the two-way trade between them at an estimated $129.2 billion in 2024.
BUSINESS
Aug 2, 2025
India aghast at Donald Trump’s ‘dead' economy dig and 25% tariffs
While Indian government officials weighed a response and business groups tallied the cost of the trade barrier, social media flared up with users protesting Trump.
Merchandise are pictured for sale at a Nintendo store in central Tokyo on Friday.
BUSINESS / Tech
Aug 2, 2025
Nintendo to raise U.S. pricing of original Switch hardware
Nintendo attributed the changes to "market conditions," a hint at the impact of the Trump administration’s tariffs.

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An illustration features the Japanese signs for "ganbare" (good luck) and the Deaflympics, which will be held between Nov. 15 and 26.
A century of Deaf sport finds its moment in Tokyo