Tag - trade

 
 

TRADE

Nissan plans to reduce production at its Fukuoka factory and shift some manufacturing of its Rogue SUV to the United States to mitigate the impact of Trump's tariffs.
BUSINESS / Companies
Apr 5, 2025
Nissan considers transferring some domestic production to U.S., report says
The carmaker plans to reduce production at its Fukuoka factory and shift some manufacturing to the U.S. to mitigate the impact of Trump's tariffs.
Prime Minister Shigeru Ishiba speaks during a news conference at the Prime Minister's Office in Tokyo on Tuesday.
JAPAN / Politics
Apr 5, 2025
Ishiba says he plans to speak to Trump about tariffs in coming days
Prime Minister Shigeru Ishiba said that these talks could see Japan offer a fresh investment package, though he ruled out a small, piecemeal deal.
Containers are stacked at a port in Vietnam
ASIA PACIFIC / Politics
Apr 5, 2025
Southeast Asia rushes to avert tariff pain by enticing Trump
Southeast Asia’s offers to negotiate contrast with China’s retaliation, while the European Union is preparing its own countermeasures if talks fail.
Shipping containers at the Port of Los Angeles in Los Angeles on Friday
BUSINESS / Economy
Apr 5, 2025
U.S. starts collecting Trump's new 10% tariff, smashing global trade norms
The initial 10% "baseline" tariff took effect at U.S. seaports, airports and customs warehouses at 12:01 a.m.
The Dow Jones Industrial Average after the close of trading on the floor at the New York Stock Exchange after the closing bell on Friday.
BUSINESS / Markets / FOCUS
Apr 5, 2025
Recession trade engulfs Wall Street on tariff fight
Traders are pricing in what increasingly looks like a negative-feedback loop as Trump indicates he’s not going to back down.
Guests play with the new Nintendo Switch 2 video game console system during a presentation at the Grand Palais in Paris on Wednesday.
BUSINESS / Tech
Apr 5, 2025
Nintendo delays Switch 2 preorders in U.S. over tariff concerns
The Kyoto-based company is delaying preorders of its hotly anticipated gaming console as it assesses the fallout from the trade tariffs.
U.S. President Donald Trump delivers remarks on reciprocal tariffs during an event in the Rose Garden entitled "Make America Wealthy Again" at the White House in Washington on Wednesday.
BUSINESS / Economy / ANALYSIS
Apr 5, 2025
Nowhere to hide: Trump tariffs leave trading partners cornered
Hit by 10% to 50% tariffs on their exports, most countries lack the firepower to hit back or the political will to slug it out.
U.S. President Donald Trump on Friday extended by 75 days a deadline for ByteDance to sell U.S. assets of the popular TikTok short video app to a non-Chinese buyer, or face a ban that was supposed to have taken effect in January under a 2024 law.
BUSINESS / Tech
Apr 5, 2025
TikTok deal put on hold after China indicated it would reject it over tariffs
Trump extended by 75 days a deadline for ByteDance to sell U.S. assets of the popular short video app to a non-Chinese buyer.
U.S. President Donald Trump's trade war has spurred the biggest market losses since the COVID-19 pandemic.
BUSINESS / Economy
Apr 5, 2025
Stocks slump again after China fires back in trade war with tariffs on U.S. goods
The trade war has spurred the biggest market losses since the COVID-19 pandemic.
Prime Minister Shigeru Ishiba speaks during a news conference at the Prime Minister's Office on April 1. He has said that Japan is facing a "national crisis" following the introduction of new tariffs by the United States.
BUSINESS / Economy
Apr 4, 2025
Japan digs deep to address 'national crisis' caused by Trump tariffs
Prime Minister Shigeru Ishiba vows to "unite the entire country" in response to the crisis.
U.S. President Donald Trump signs an executive order after delivering remarks on reciprocal tariffs during an event titled "Make America Wealthy Again" at the White House in Washington on Wednesday.
EDITORIALS
Apr 4, 2025
‘Liberation Day’ will weigh heavily on the world
While some nations will fight U.S. tariffs, Japan is among those more likely to make a deal.
Containers and cranes at the international port of Manila on Thursday.
BUSINESS
Apr 4, 2025
Philippines sees benefits as Trump tariffs hit peers harder
The Philippines is striking an optimistic tone amid global anxiety over President Donald Trump’s sweeping tariff move.
While tariffs and value-added taxes seem similar, a VAT would be a more effective, long-term solution for boosting the U.S. economy.
COMMENTARY / World
Apr 4, 2025
Europe’s VAT hurts the U.S.? Retaliate with a VAT.
Maybe misconceptions about tariffs and trade can be turned to America’s advantage.
U.S. President Donald Trump and Chinese President Xi Jinping in Osaka in 2019. With his global tariffs announcement, Trump may have undercut his own China strategy.
WORLD / Politics / ANALYSIS
Apr 4, 2025
Trump's global trade war may defeat U.S. strategic goals on China
Tariffs could cause an economic moat to form around the U.S. that ultimately undermines Washington's strategic goals on Beijing, analysts warn.
Containers stacked up at the Phnom Penh Autonomous Port in Phnom Penh on Thursday. Southeast Asian countries with a significant trade surplus with the U.S. came in for harsh treatment from Trump's stinging tariffs.
BUSINESS / Economy
Apr 4, 2025
Trump tariffs are a ‘disaster’ for world’s poorest countries
Poor nations' labor-intensive export industries face new risk in trade war.
U.S. President Donald Trump speaks with journalists onboard Air Force One en route to Miami on Thursday.
BUSINESS
Apr 4, 2025
Trump open to tariff cuts in return for ‘phenomenal’ offers
"The tariffs give us great power to negotiate,” Trump said, adding that "every country has called us.”
U.S. President Donald Trump walks in the Rose Garden at the White House in Washington on Wednesday, the day of his remarks on tariffs.
WORLD / Politics
Apr 4, 2025
For Trump, tariff gamble brings political risk
If his promises to recast the economy don't work out, it could cause political headwinds for his party and economic pain for his constituents.
U.S. President Donald Trump unveils new U.S. tariffs at the White House in Washington on Wednesday.
BUSINESS / Economy
Apr 3, 2025
Japan promises 'bold and speedy' response to Trump’s surprise 24% tariffs
The duty rate for Japanese products is the "worst among the scenarios that had been imagined" by the market.
U.S. President Donald Trump delivers remarks and signs tariffs in the Rose Garden of the White House, in Washington, on Wednesday.
BUSINESS / Economy
Apr 3, 2025
With Trump’s tariffs, the chasm between allies and the U.S. widens
Trump’s plan, which he unveiled on Wednesday and is calling "reciprocal,” would impose a wave of tariffs on dozens of countries.
Trump tosses a MAGA hat to the crowd during an event in which he unveiled new tariffs in the White House on Wednesday.
BUSINESS / Economy
Apr 3, 2025
Trump unveils 10% global tariff, with Japan levy set at 24%
The higher "reciprocal” rates are based on a government tally of levies and nontariff barriers that countries impose on U.S. goods.

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