Tag - trade

 
 

TRADE

Indian Prime Minister Narendra Modi at the presidential palace in New Delhi on Aug. 5
BUSINESS / Economy
Aug 27, 2025
U.S. slams India with 50% tariffs, among highest in the world
The move upends a decadeslong push by Washington to forge closer ties with New Delhi and court India as a counterweight to China.
Chief negotiator Ryosei Akazawa will be pushing for U.S. auto tariffs to be lowered soon.
BUSINESS / Economy
Aug 27, 2025
Akazawa heading to Washington for 10th round of tariff talks
The U.S. promises clarity on Japan's $550 billion pledge by the end of the week.
A craftsman checks the grading of a polished diamond in the grading department of a diamond processing unit in Surat, India, on Aug. 15.
BUSINESS / Markets
Aug 27, 2025
In India's diamond hub, looming U.S. tariffs cut into growing trade ambitions
Trump's levies threaten to sever India's access to its largest diamond market, which accounts for nearly a third of its $28.5 billion annual shipments of gems and jewelry.
Containers at a dock at the Port of Cape Town in Cape Town in 2024. China’s exports to Africa so far in 2025 are more than in the whole of 2020 and on track to exceed $200 billion for the first time.
BUSINESS / Markets
Aug 27, 2025
China is pouring exports into Africa faster than anywhere else
China’s exports to Africa so far in 2025 are more than in the whole of 2020 and on track to exceed $200 billion for the first time.
U.S. Commerce Secretary Howard Lutnick suggested that an agreement between the U.S. and Japan will be made public soon.
BUSINESS / Economy
Aug 26, 2025
Agreement on Japan’s $550 billion investment pledge to be released this week
The U.S. commerce secretary continues to insist that the U.S. president will control the funds.
Japan Post's UGX will still be available for many rejected packages.
BUSINESS / Economy
Aug 26, 2025
Japan Post to stop accepting some parcels for shipment to the U.S.
Packages containing commercial items or valued above $100 will be rejected.
A worker operates machinery at a sawmill in Sundsvall, Sweden
BUSINESS / Companies
Aug 26, 2025
Tariff uncertainty leaves European companies with tough decisions
There are difficult conversations with American customers about pricing and hard choices to be made about where to invest in.
U.S. President Donald Trump and South Korean leader Lee Jae Myung attend a bilateral meeting in the Oval Office at the White House in Washington on Monday.
ASIA PACIFIC / Politics
Aug 26, 2025
'Peacemaker’ Trump says he wants to meet North Korea’s Kim this year
The U.S. president said “big progress” was possible, during a summit with South Korean leader Lee Jae Myung in Washington that also focused on defense and trade issues.
U.S. Attorney General Pam Bondi speaks next to U.S. Vice President JD Vance and Terry Cole, Administrator of the U.S. Drug Enforcement Administration (DEA), during the signing of executive orders by U.S. President Donald Trump in the Oval Office at the White House in Washington on Monday.
BUSINESS / Tech
Aug 26, 2025
U.S. weighing sanctions on EU officials implementing Digital Services Act
The law aims to make the online environment safer, in part by compelling tech giants to tackle illegal content such as hate speech and child sexual abuse material.
To critics, the White House move to invest in chipmaker Intel threatens the U.S. business world's nimbleness.
BUSINESS / Markets
Aug 26, 2025
Trump wants more deals such as Intel's, worrying business community
The approach upends a decades-old view of the U.S. economy, in which the government only took corporate stakes in rare emergencies.
South Korean President Lee Jae Myung and  Prime Minister Shigeru Ishiba shake hands at joint press announcement after summit talks in Tokyo on Saturday.
JAPAN / Politics
Aug 24, 2025
At meeting rich in symbolism, Ishiba and South Korea's Lee agree to steadily build ties
In the two countries' first joint document in 17 years, the leaders agreed to work together "to advance future-oriented and mutually beneficial common interests."
Statues of bulls in Pudong's Lujiazui Financial District in Shanghai on Aug. 18
BUSINESS / Markets
Aug 24, 2025
Bubble risks grow as China’s stock bull run defies economy angst
A deflationary spiral that’s eroded corporate pricing power in the world’s second-largest economy is one of the biggest reasons to doubt the sustainability of the current rally.
Canadian Prime Minister Mark Carney walks after speaking, as Canada announced that it is removing many retaliatory tariffs on U.S. goods as a goodwill gesture designed to restart stalled trade talks, during a news conference on Parliament Hill in Ottawa on Friday.
BUSINESS / Economy / FOCUS
Aug 23, 2025
Carney’s tariff shift helps business and creates a political headache
On Friday, Carney announced the end of 25% retaliatory tariffs imposed by his predecessor, Justin Trudeau, on a wide range of food and other consumer goods.
U.S. President Donald Trump speaks to military personnel based at Osan Air Base in South Korea in June 2019.
ASIA PACIFIC / Politics
Aug 23, 2025
Troop costs and China in focus when South Korea's Lee meets Trump
A U.S. official said a key area of focus of the summit would be so-called burden-sharing, with President Donald Trump expected to push the South Koreans for more.
Sergio Gor
ASIA PACIFIC / Politics
Aug 23, 2025
Trump nominates Sergio Gor to be next U.S. ambassador to India
Sergio Gor, who is currently the director of the White House Presidential Personnel Office, would also serve as a special envoy for South and Central Asian affairs.
Federal Reserve Chairman Jerome Powell attends the Kansas City Federal Reserve's Jackson Hole Economic Policy Symposium in Moran, Wyoming, on Friday.
BUSINESS / Economy
Aug 23, 2025
U.S. Fed chair opens door to rate cut as Trump steps up pressure
But Fed chief Jerome Powell also continued to argue that policymakers must guard against the prospect that President Donald Trump’s tariffs lead to persistent inflation.
The Port of Los Angeles. A U.S. official, speaking on condition of anonymity, said European carmakers could see relief from the current U.S. tariffs within "hopefully weeks."
BUSINESS / Economy
Aug 22, 2025
EU pushes for reduced U.S. auto tariffs to apply retroactively from Aug. 1
The statement came as the partners set out details of a framework trade deal struck in July.
Nvidia CEO Jensen Huang during an event in Washington, in July. Huang says Nvidia is currently in talks with the U.S. over the potential offering of a more powerful chip for sale in China.
BUSINESS / Tech
Aug 22, 2025
Nvidia CEO says in talks with U.S. over new China chip
The tech giant is reportedly working on a new chip based on its latest Blackwell architecture that will be more powerful than a model currently greenlit for sale to China.
Vanitha Anand Bhat, 43, who works with her husband, Raya Anand Bhat, 48, pours coconut oil into a plastic bottle inside their small coconut mill in Kochi, India, on July 23.
BUSINESS / Markets
Aug 21, 2025
Humble coconut oil turns into a luxury on rising demand, shrinking output
Output across major producer nations, from India to Southeast Asia, has been disrupted by lower rainfall and extended heat, as well as pests and disease.
A Shein distribution center in Whitestown, Indiana, on April 8. Shein and other e-commerce sites originating from China are believed to have taken advantage of duty exemption systems of other countries to export goods of modest value in small lots.
BUSINESS / Economy
Aug 21, 2025
Duty exemptions for low-value imports face review amid exploitation
An expert panel at the government's Tax Commission has noted that overseas sellers of inexpensive goods effectively exploit tax exemption systems for small-ticket item imports.

Longform

Growing families are being priced out of Tokyo’s condo market, forced to choose between downtown convenience and suburban space.
Is living in central Tokyo still affordable?