Tag - trade

 
 

TRADE

A pastry chef prepares croissants for sale at a Bakehouse bakery in the Causeway Bay area of Hong Kong on July 25, 2024.
BUSINESS / Markets
Jul 7, 2025
Butter’s global price surge hits croissants and kitchens alike
Around 70% of the butter exported around the world comes from Europe and New Zealand, and each began 2025 with historically low stockpiles.
A screen displays news on U.S. President Donald Trump on the floor at the New York Stock Exchange (on June 27.
BUSINESS / Economy
Jul 7, 2025
Investors head into Trump tariff deadline benumbed and blase
The 90-day pause on the U.S. president's "Liberation Day" tariffs expire Wednesday.
China announces new restrictions on government purchases and imports of high-value EU medical devices in retaliation for Brussels' procurement curbs and EV tariffs, as trade tensions escalate.
WORLD
Jul 6, 2025
China retaliates to EU ban with import restrictions on medical devices
Tensions have been rising, with the European Union imposing tariffs on China-built electric vehicles and Beijing slapping duties on imported brandy from the bloc.
Japan's top tariff negotiator, Ryosei Akazawa, speaks to the press upon his arrival at Tokyo's Haneda Airport in April.
BUSINESS / Economy
Jul 6, 2025
Japan's top trade negotiator holds two phone meetings with U.S. commerce chief
Ryosei Akazawa held "in-depth exchanges" over the phone with U.S. Commerce Secretary Howard Lutnick on Thursday and Saturday.
Brazilian President Luiz Inacio Lula da Silva and Chinese Premier Li Qiang pose for a picture after a bilateral meeting Saturday ahead of the BRICS summit in Rio de Janeiro on July 5.
BUSINESS / Economy
Jul 6, 2025
BRICS nations voice 'serious concerns' over Trump tariffs
The summit's impact will be depleted by the absence of Vladimir Putin as well as Xi Jinping, who is skipping the meeting for the first time in his 12 years as president.
U.S. President Donald Trump arrives to speak at the Salute to America Celebration at the Iowa State Fairgrounds in Des Moines on Thursday.
WORLD / Politics
Jul 5, 2025
Trump set to start notifying countries of tariffs up to 70%
Trump’s latest threat, which fits his pattern of issuing ultimatums, aligns with earlier statements that some nations won’t have a say in their tariff level.
U.S. President Donald Trump has threatened to just decide tariff rates himself and send out letters.
BUSINESS / Economy / FOCUS
Jul 4, 2025
Japan-U.S. tariff negotiations enter uncharted territory
A deal seems impossible as both sides refuse to budge just days ahead of the deadline.
Despite trade pressure from U.S. President Donald Trump, Prime Minister Shigeru Ishiba has held firm, constrained by upcoming elections, mistrust of U.S. intentions and growing public opposition to concessions.
EDITORIALS
Jul 4, 2025
As trade deadline approaches, Japan must draw lines
Most worrisome now is a growing sense among the Japanese public that the U.S. is no longer a reliable partner.
A container ship is anchored at the Tan Vu port in Hai Phong, Vietnam. Much of Vietnam's exports to the U.S. are made up of items such as AirPods, phones or other products assembled with Chinese components and then shipped on.
BUSINESS / Economy
Jul 4, 2025
U.S. trade deal leaves Vietnam with questions and one big challenge
Companies operating in the Southeast Asian hub are on notice to move up the value chain.
U.S. President Donald Trump speaks to the press before boarding Air Force One as he departs for Iowa at Joint Base Andrews in Maryland on Thursday.
WORLD
Jul 4, 2025
Trump eyes simple tariff rates over complex talks, sending letters on Friday
President Trump said he preferred to notify most countries of a specific tariff rate, skipping detailed negotiations.
A container is loaded onto a cargo ship at Hai Phong port in Vietnam. A trade deal secured by Vietnam with the U.S. sets a high bar for Japan's tariff talks.
BUSINESS / Economy
Jul 3, 2025
Vietnam steals a march and leaves Japan in a tough spot on U.S. tariffs
The deal sets a high bar for Japan and other countries still negotiating with the United States.
The U.S. Commerce Department has told the world’s top semiconductor design software companies that government license requirements for business in China are no longer in place.
BUSINESS / Tech
Jul 3, 2025
U.S. lifts chip design software curbs on China in trade deal
The move is a sign that an accord reached by both countries in London is indeed being implemented.
A port near Shanghai. Beijing has often responded to actions it opposes with targeted trade measures.
BUSINESS
Jul 3, 2025
Beijing braces for U.S. trade deals that aim to shut out China
China is becoming increasingly wary of U.S. efforts to forge deals that could isolate Chinese firms from global supply chains.
An oil tanker unloads imported crude oil at Qingdao port in China in 2022.
BUSINESS
Jul 2, 2025
Major Chinese ports keep Iranian oil flowing despite sanctions
From January to June, terminals in the port clusters around Qingdao, Dalian and Zhoushan have helped China purchase almost 1.4 million barrels a day of Iranian crude.
U.S. President Donald Trump speaks to reporters aboard Air Force One on Tuesday.
BUSINESS / Economy
Jul 2, 2025
Trump hammers away at Japan for a third day, threatening 35% duties 
The U.S. president said he might simply end negotiations and set a tariff rate for Japanese products.
U.S. President Donald Trump speaks to reporters aboard Air Force One on Tuesday.
BUSINESS / Economy
Jul 2, 2025
Trump doubles down on Japan again by threatening 35% tariff
Japan is currently subject to 25% auto tariffs and a 50% tariff on steel and aluminum, as well as a 10% reciprocal tariff that could return to 24% if no deal is struck by July 9.
Ryosei Akazawa, Japan’s chief tariff negotiator, leaves for Washington on Thursday for his seventh round of trade talks with the United States.
BUSINESS / Economy
Jul 1, 2025
Japan-U.S. trade negotiations stall as Trump fumes 
The two sides remain far apart, and no new talks are scheduled.
Prime Minister Shigeru Ishiba and U.S. President Donald Trump hold a news conference at the White House on Feb. 7. Trade disputes, defense disagreements and diverging views on the Middle East have strained U.S.-Japan relations.
COMMENTARY / Japan
Jul 1, 2025
Is the shine coming off the U.S.-Japan ‘Golden Age’?
Trade talks between the two countries, initially expected to yield a quick agreement, have become a slog with the July 9 deadline fast approaching.
U.S. President Donald Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington in April.
BUSINESS / Economy
Jul 1, 2025
Trump floats Japan tariff as top adviser says deals to come after July 4
The U.S. president cited what he said was Japan's unwillingness to accept U.S. rice exports, the latest round of brinkmanship before a July 9 deadline for higher tariffs.
Japanese seafood in a supermarket in Hong Kong in July 2023
JAPAN
Jun 30, 2025
China partially lifts ban on Japanese seafood imports in bid to ease frictions
Tokyo labeled the move “a major turning point,” though improving the relationship still faces hurdles over China’s military moves near Japan.

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