Tag - trade

 
 

TRADE

A liquefied natural gas (LNG) tanker is tugged toward a thermal power station in Futtsu, Chiba Prefecture, in 2017.
BUSINESS
May 14, 2025
Japan under pressure from U.S. to invest in Alaska LNG pipeline
Doubts over the pipeline's profitability and viability leaves Japan's participation in the $44 billion (nearly ¥6.7 trillion) project uncertain.
Chinese Vice Premier He Lifeng attends a meeting with global business leaders at the Great Hall of the People in Beijing on March 28.
WORLD / Politics
May 14, 2025
China surrounded Xi aide with seasoned experts to seal U.S. deal
The crew engaging with Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer was on public display for the first time Sunday.
U.S. President Donald Trump's policies, including attacks on research funding, immigration and trade threaten the foundations of American economic exceptionalism, and the resulting damage may be difficult to undo.
COMMENTARY / World
May 14, 2025
American exceptionalism meets its maker
The question is whether U.S. President Donald Trump’s destructive policies have now brought this economic exceptionalism to an end.
Trade Minister Yoji Muto will skip the Asia-Pacific Economic Cooperation meeting, a decision that will likely lower Tokyo’s chances of securing an opportunity for bilateral talks with U.S. Trade Representative Jamieson Greer.
BUSINESS / Economy
May 14, 2025
Japan’s key officials to skip APEC meet attended by U.S. trade representative
This won’t be the first time Japan’s trade minister will miss the APEC gathering in recent years, but sending a lower-ranking official may make it harder to hold one-on-one talks.
U.S. President Donald Trump speaks during the Saudi-U.S. business investment forum in Riyadh, Saudi Arabia, on Tuesday.
BUSINESS / Tech
May 14, 2025
Trump’s Middle East visit opens floodgate of AI deals led by Nvidia
Saudi Arabia and the United Arab Emirates are poised to win wider access to advanced AI chips from Nvidia and Advanced Micro Devices.
Chinese leader Xi Jinping speaks during the opening ceremony of the China-CELAC (Community of Latin American and Caribbean States) Forum in Beijing on Tuesday.
ASIA PACIFIC / Politics
May 13, 2025
China's Xi slams 'bullying' as Beijing hosts Latin American leaders
The Chinese leader also pledged $9.2 billion in credit toward "development" for the region — part of a broad set of initiatives aimed at deepening cooperation.
Huntar Company CEO Jason Cheung adjusts some of the toys on display at his office in Union City, California, on May 8. His company manufactures toys in China for clients in the U.S., Canada and Europe.
BUSINESS / Markets
May 13, 2025
Tariffs crippled U.S.-owned factory in China that made toys for Walmart
Huntar Company CEO Jason Cheung says his company would survive if tariffs come down quickly. If they don't, he'd lose everything.
U.S. President Donald Trump speaks during a news conference in the Roosevelt Room of the White House in Washington on Monday.
WORLD / Politics / FOCUS
May 13, 2025
Trump’s diplomatic frenzy spins big gambles as signs of success
The latest moves reveal a White House eager to show it has momentum to pivot from a volatile first 100 days.
The 90-day truce in the U.S.-China trade war was a huge relief for small businesses and millions of workers on both sides of the Pacific.
COMMENTARY / World
May 13, 2025
Trump and Xi tone down a senseless trade war
It was a huge relief for small businesses and millions of workers on both sides of the Pacific.
Then-Chinese Vice President Xi Jinping visits a school in South Gate, California, in February 2012. Experts say Xi won big in his standoff with U.S. President Donald Trump.
BUSINESS / Economy / ANALYSIS
May 13, 2025
Xi defiance pays off as Trump meets most China trade demands
Going forward, experts say, this will make the Chinese side confident that they have leverage over the U.S. in any negotiations.
A bulk carrier arrives at the Port of Los Angeles on April 28.
BUSINESS / Markets
May 13, 2025
China tariff relief spurs shipping rush and price hike U-turns
The temporary tariff relief means that U.S. companies will try to quickly ship out products that were being held in factory warehouses in China.
Sinovac, a Chinese COVID-19 vaccine, is administered in Bangkok in 2021. The recent U.S. withdrawal from the World Health Organization has further opened the field for Beijing to assert its role in global health, including through vaccine diplomacy.
COMMENTARY / World
May 12, 2025
If China triumphs, America has itself to blame
While Trump's policies bite at home, Beijing is stepping in to fill the void left by the U.S. retreat from global leadership in areas ranging from trade and investment to health.
Prime Minister Shigeru Ishiba at the White House earlier this year. Ishiba said Monday that farmers won't be sacrificed for automakers in Japan's tariff negotiations with the U.S.
BUSINESS / Economy / FOCUS
May 12, 2025
Japan might be playing long game in U.S. tariff talks
Tokyo is resisting making any major concessions, possibly in the hope that mounting domestic pressure will force U.S. President Donald Trump to give it a better deal.
U.S. Trade Representative Jamieson Greer and U.S. Treasury Secretary Scott Bessent attend a news conference after trade talks with China, in Geneva on Monday.
BUSINESS / Economy
May 12, 2025
U.S. and China agree to lower tariffs in 90-day cooling-off period
The temporary move will give the world’s two largest economies three more months to resolve their differences.
People stand in front of a big screen displaying the Nikkei share average outside a brokerage in Tokyo late last month.
BUSINESS / Markets
May 12, 2025
Japan’s Topix extends rally to 12th day as tariff worries ease
The Topix closed 0.3% higher at 2742.08, giving it its longest winning streak since 2017.
Capsules of Takeda Pharmaceutical's Prevacid heartburn drug. The company's share price dropped by over 5% on Monday after U.S. President Donald Trump announced a plan to order a cut in U.S. prescription drug costs.
BUSINESS / Markets
May 12, 2025
Asian pharma stocks tumble on Trump signal to cut U.S. drug prices
The U.S. president's social media post put pressure on drug-related stocks on worries their profits will take a hit if they have to reduce prices in the U.S.
Exports in fiscal 2024 climbed 4.1% from the previous year to ¥106.24 trillion, led by shipments of semiconductor manufacturing equipment and vehicles.
BUSINESS / Economy
May 12, 2025
Japan's FY2024 current account surplus hits record ¥30 trillion
A weaker yen boosted dividend and interest flows from overseas, a Finance Ministry report showed.
Workers sew garments along a production line at Thanh Cong Textile Garment in Ho Chi Minh City, Vietnam, on April 28.
BUSINESS / Companies
May 12, 2025
Chinese factories are looking for the next China
Tariffs have resulted in the cost of sending products to the United States soaring in recent weeks, forcing companies to find new trade routes.
An electric vehicle factory in Ningbo, China, on April 9, 2024. For years, Xi Jinping, the leader of China, has planned to make the world dependent on its exports and know-how, but the strategy has costs for his own country.
BUSINESS / Economy
May 12, 2025
This is the trade conflict Xi Jinping has been waiting for
A willingness to weaponize the supply chain may be one of the starkest examples of how Xi is redefining China’s relationship with the world.
U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer address the media after trade talks with China in Geneva on Sunday.
BUSINESS / Economy
May 12, 2025
U.S. and China cite ‘substantial progress’ in Geneva trade talks
U.S. negotiators described "substantial progress" and also said details would be announced Monday.

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