Tag - trade

 
 

TRADE

Finance Minister Katsunobu Kato met with U.S. Treasury Secretary Scott Bessent in Washington on Thursday.
BUSINESS / Economy
Apr 25, 2025
No discussion of yen target, Kato says after Bessent meeting
The two countries possibly committing to a specific number in terms of the yen-dollar exchange rate has helped drive up the value of the Japanese currency.
Without a coordinated international response to U.S. President Donald Trump's tariffs, growing uncertainty could lead to a fragmented global economy marked by slower growth and chronic instability.
COMMENTARY / World
Apr 25, 2025
Trump’s tariff chaos could reverse 80 years of economic progress
U.S. President Donald Trump’s trade policies are undermining the rules-based system established after World War II.
Shipping containers at a port in Pyeongtaek, South Korea, on April 15
ASIA PACIFIC / Politics
Apr 25, 2025
South Korea and U.S. aim for package of deals before tariff pause ends in July
The U.S. and South Korea had a "very successful" meeting on Thursday, U.S. Treasury Secretary Scott Bessent said afterwards.
U.S. President Donald Trump speaks at the White House in Washington on Thursday.
BUSINESS / Economy
Apr 25, 2025
Trump’s trade whiplash sinks world into dreaded ‘uncertainty’
"The worry I hear more often is actually not even tariffs, it is uncertainty,” IMF Managing Director Kristalina Georgieva told reporters Thursday. "Let’s have clarity.”
Finance Minister Katsunobu Kato is is expected to meet with Treasury Secretary Scott Bessent in Washington.
BUSINESS / Economy
Apr 24, 2025
U.S. indicates no hard target for yen ahead of key trade talks
The United States has argued that the yen is too weak, making its value against the dollar a top agenda item in trade discussions.
A worker labors on a spinning machine at a factory in Solo, Central Java, Indonesia in September 2019. For Indonesia, China’s trade power means lost jobs and hard choices.
COMMENTARY / World
Apr 24, 2025
Asia would welcome trade deals that exclude China
The real cost to developing countries of China’s trade practices runs deeper: lost jobs can be counted, but missed opportunities can’t.
U.S. President Donald Trump has said he is seeking a "fair deal with China."
BUSINESS / Economy
Apr 24, 2025
Trump seeks 'fair deal' with China but pathway unclear
Trump told reporters his country would have a "fair deal with China," adding that "everything's active" when asked if Washington was talking to Beijing.
Economic Revitalization Minister Ryosei Akazawa last week at Haneda Airport. The chief tariff negotiator believes the gap between the United States and Japan on trade issues remains wide.
BUSINESS / Economy
Apr 23, 2025
Mood shifts to measured optimism in U.S.-Japan trade dispute
Japan has so far engaged in a charm offensive aimed at staying onside while politely poking holes in the president's arguments and expectations.
A restaurant owner pours California-grown Calrose rice into a rice cooker at his restaurant in Tokyo
BUSINESS / Economy
Apr 23, 2025
Japan weighs using U.S. rice imports as tariff negotiation tool with Trump
The government hopes an import quota will give them more cards to play in tariff negotiations with the U.S.
Japan’s chief tariff negotiator, Ryosei Akazawa, poses with a "Make America Great Again" cap at the White House in Washington on April 16.
JAPAN / Politics / ANALYSIS
Apr 23, 2025
Japan wants to 'separate' tariff and security issues. That may be tough.
Disentangling the two will prove a challenge as U.S. President Donald Trump continues to voice long-held complaints about the alliance’s fairness.
Japan has walked a delicate path — taking steps to hedge its dependence on China while distancing itself from the politics of Washington.
BUSINESS / Economy
Apr 23, 2025
Trump’s trade war with China puts Japan in a tight spot
Japan had long maintained deep economic ties with both China and the United States. Recent trade tensions may challenge that approach.
Japan has started discussing specific measures to expand liquefied natural gas imports from the United States to reduce its trade surplus, as demanded by Washington.
BUSINESS
Apr 23, 2025
Japan mulls expanding imports of LNG from the U.S. for tariff negotiations
In 2024, Japan imported ¥542.6 billion of LNG from the U.S.
Former Foreign Minister Taro Kono
BUSINESS
Apr 23, 2025
Japan must correct Trump’s false data for trade talks, says Kono
Kono said matters related to regional security shouldn’t be discussed as part of the trade talks, nor should the question of how best to manage relationships with China.
Milled rice at a rice mill in Nakhon Pathom province, Thailand
BUSINESS
Apr 23, 2025
Trump tariffs threaten to pile more pain on Thailand's rice sector
Thailand is among the Southeast Asian nations hardest hit by Trump's proposed measures, facing a 36% tariff on goods unless ongoing negotiations are successful.
U.S. Secretary of Treasury Scott Bessent says a de-escalation between the U.S. and China will come in the very near future.
BUSINESS / Economy
Apr 23, 2025
Bessent expects tariff standoff with China to deescalate
The U.S. Treasury secretary is optimistic that tensions could cool in the coming months but cautioned that a larger deal could take longer.
A farmhand prunes trees on a 4-year-old cocoa plantation, replanted after swollen shoot disease, in Enchi, Ghana, on March 4.
BUSINESS / Economy / FOCUS
Apr 23, 2025
Cocoa crunch isn’t over yet as top growers struggle with supply
Africa’s cocoa heartland has long grappled with blight and aging trees, leaving farms vulnerable as severe weather hammered crops in recent years.
The yen strengthened dramatically this month — hitting ¥139.9 to the dollar on Tuesday — and could become a topic of conversation in trade talks between the United States and Japan.
BUSINESS / Economy / FOCUS
Apr 22, 2025
Yen on the march as Plaza Accord 2.0 debate grows
The U.S. has claimed that Japan's currency is undervalued, with some in the administration of President Donald Trump calling for a Plaza Accord 2.0.
People walk past the venue for the China Import and Export Fair in Guangzhou, Guangdong province, China, on April 15.
ASIA PACIFIC / Politics
Apr 22, 2025
China ramps up charm offensive toward Taiwan alongside pressure, study shows
The number of Taiwanese attending state-supported business events in China last year is 3% higher than 2023, a Taiwan-based nongovernmental organization says.
Indian Prime Minister Narendra Modi walks as he receives U.S. Vice President JD Vance, his wife, Usha Vance, along with their children, before Vance and Modi's meeting in New Delhi on Monday.
BUSINESS / Economy / ANALYSIS
Apr 22, 2025
As U.S. VP visits India, all eyes on New Delhi’s tariff strategy
Experts warn that India’s response — even if successful — might not offer a blueprint for others since each has a unique relationship with the U.S.
Chinese leader Xi Jinping. A high-level Japanese delegation will deliver a letter from Prime Minister Shigeru Ishiba to Xi this week.
JAPAN / Politics
Apr 22, 2025
Ishiba pens letter to Xi as Japan aims to avoid trade crossfire
The gesture highlights Japan’s desire to balance managing its relationships with China, its largest trading partner, and with the U.S., its sole formal security ally.

Longform

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