Tag - trade

 
 

TRADE

Fed Chair Jerome Powell said that at this point, it isn't clear if the economy will continue its steady pace of growth, or wilt under mounting uncertainty and a possible coming spike in inflation.
BUSINESS / Economy
May 8, 2025
Fed sees rising risks to economy as it leaves rates unchanged
With so much uncertainty over Trump's tariff moves, Fed Chair Jerome Powell said "It's really not at all clear what it is we should do."
Japan's Economic Revitalization Minister Ryosei Akazawa speaks to the press upon his arrival at Haneda Airport on April 18. He has said that all tariffs need to be reconsidered by the United States.
BUSINESS / Economy
May 7, 2025
U.S. and Japan remain far apart on tariffs
While both sides have said they will aim for a deal as soon as possible, they have also indicated that they aren't in a rush for a swift settlement.
The global shipping industry is also contending with U.S. measures beyond the barrage of levies.
BUSINESS / Markets
May 7, 2025
World’s trade superhighway feels strain from U.S.-China decoupling
Among signs of disruption are plunging fees, fewer services and a pall of uncertainty over what for decades has been one the main maritime highways of the global economy.
Nvidia CEO Jensen Huang speaks during the Milken Institute Global Conference in Beverly Hills, California, on Tuesday.
BUSINESS / Tech
May 7, 2025
Trade barriers to China's AI market a 'tremendous loss,' NVidia CEO says
Jensen Huang has argued that tightening restrictions on his company that limit access to China, the biggest market for semiconductors, will hurt U.S. national security.
The Advanced Micro Devices headquarters in Santa Clara, California
BUSINESS / Tech
May 7, 2025
AMD and Arm offer a window into the AI landscape ahead of Nvidia earnings
Though chipmaking stocks have taken a hit this year, underlying results may show a stronger foundation for the AI trade than recent stock performance indicates.
U.S. Treasury Secretary Scott Bessent testifies before a House Appropriations subcommittee oversight hearing on Capitol Hill in Washington on Tuesday.
BUSINESS / Economy
May 7, 2025
U.S.-China trade talks to start this week focused on de-escalation
The meeting will be the first confirmed trade talks between the countries since U.S. President Donald Trump announced sweeping tariffs on Beijing.
Land at an address identified on the U.S. entity list, in Shenzhen, Guangdong province, China, on Oct. 31, 2024.
ASIA PACIFIC / Politics
May 6, 2025
U.S. blacklist on China is riddled with errors and outdated details
Five former U.S. officials acknowledged difficulties in evaluating possible cases of mistaken identity and updating information on the entity list, due in part to limited staffing.
Data center servers and components containing the newest artificial intelligence chips from Nvidia are seen on display at the company's GTC software developer conference in San Jose, California, on March 19.
WORLD / Politics
May 6, 2025
U.S. lawmaker targets smuggling of Nvidia chips to China with new bill
Rep. Bill Foster said the technology to track chips after they are sold is readily available, with much of it already built into Nvidia's chips.
The U.S. economy has shifted from strong growth to heightened recession risk and uncertainty due to President Trump’s aggressive trade tariffs and budget cuts, leaving Congress to reclaim control over policy to avoid worsening economic disruption and global instability.
COMMENTARY / World
May 6, 2025
Only the U.S. Congress can end Trump's economic uncertainty
There is no chance of reining in the disruption and destruction unless the Republican-controlled U.S. Congress reclaims its constitutional authority over trade policy.
U.S. President Donald Trump and Indian Prime Minister Narendra Modi shake hands as they attend a joint news conference at the White House in Washington in February.
BUSINESS / Economy
May 6, 2025
India offers zero-for-zero tariffs on auto parts and steel from U.S.
New Delhi has proposed zero tariffs on steel, auto components and pharmaceuticals on a reciprocal basis up to a certain quantity of imports in trade negotiations with Washington.
For Japan, U.S. Agriculture Secretary Brooke Rollins indicated the possibility of asking for market-opening measures for agricultural products.
BUSINESS
May 6, 2025
U.S. agriculture secretary to visit Japan for trade talks
The U.S. agriculture secretary indicated the possibility of asking for market-opening measures for agricultural products.
The Hollywood sign is framed by palm trees as Donald Trump unveils a 100% tariff on films made outside of the U.S., in Los Angeles, California, on Monday.
BUSINESS / Economy
May 6, 2025
Trump tariff order on movies leaves film industry flummoxed
Tariffs on movies might prove more difficult to implement than even the highly integrated North American automobile industry.
The U.S. dollar weakened further on Monday against most major currencies, as pressure from U.S. President Donald Trump's tariffs continued.
BUSINESS / Markets
May 6, 2025
Dollar’s fall in Asia stuns investors and spreads across globe
U.S. President Donald Trump’s aggressive trade talk has rattled macro markets, undermining the dollar’s traditional haven role in times of stress.
Several Europe-based carmakers have withdrawn or cut guidance in response to the trade war, including Jeep-owner Stellantis, Porsche and Mercedes-Benz Group.
BUSINESS / Markets
May 5, 2025
European firms fare better than expected through early trade pain
Companies on the MSCI Europe index are averaging earnings growth of 3.8% so far, outpacing preseason estimates of a 1.4% decline.
In France, a state-of-the-art rare earths plant to extract key minerals like dysprosium and terbium is being built with French and Japanese support — the first of its kind outside China. Its significance goes beyond the project itself.
COMMENTARY / Japan
May 5, 2025
New rare earth plant shows strength of Japan-France cooperation
In France, a state-of-the-art rare earths plant is being built with French and Japanese support, showing the way for those who see the benefits of working together and not alone.
China's Bayan Obo rare earth mine in Inner Mongolia. As U.S.-China tensions strain critical mineral supply chains, Tokyo’s multipronged approach based on sovereignty, resilience and sustainability is gaining quiet relevance.
COMMENTARY / Japan
May 5, 2025
Japan's resource security path may hold answers to trade turmoil
Critical mineral supply chains are made vulnerable by China's dominance and U.S. protectionism. Japan's strategy may provide clues as to how to secure these vital resources.
The Hollywood Sign in Los Angeles in 2024. U.S. President Donald Trump says the U.S. movie industry is dying a "very fast death" due to the incentives that other countries are offering to draw American filmmakers.
BUSINESS
May 5, 2025
Saying Hollywood is dying, Trump orders 100% tariff on non-U.S. movies to save it
No details were provided on how the tariffs would be implemented.
Finance Minister Katsunobu Kato (right) speaks during a news conference in Milan on Sunday.
BUSINESS
May 5, 2025
Finance chief Kato walks back idea of U.S. Treasury sales as trade chip
Japan held roughly $1.13 trillion in Treasury Securities at the end of February — making it the biggest overseas holder of U.S. debt.
Workers operate sewing machines at a Thai Son S.P.  garment factory in Binh Thuan province, Ho Chi Minh City, Vietnam, on April 10. For more than 70 years, many emerging nations, especially in Asia, have become the low-cost manufacturer to the U.S., the world’s biggest consumer.
BUSINESS / Economy
May 5, 2025
Global factories struggle to overcome Trump tariffs and uncertainty
Purchasing manager indexes across Asia, along with revised numbers in Europe, showed new or persisting contractions in factory activity in April.
U.S. Treasury Secretary Scott Bessent (right) speaks during an Oval Office meeting on April 24 with President Donald Trump, Secretary of State Marco Rubio and Norwegian Prime Minister Jonas Gahr Store (not pictured) to discuss tariffs.
COMMENTARY / Japan
May 4, 2025
A turning point in trade: The U.S. effort to reverse global imbalances
This large trade imbalance is also the primary driver of the U.S. current account deficit, largely due to the gap in goods trade.

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