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September 12, 2025
 

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TRADE

U.S. Treasury Secretary Scott Bessent speaks to members of the media after a Senate Republican policy luncheon at the U.S. Capitol in Washington on Friday.
BUSINESS / Economy
Jun 28, 2025
Tariff deals could be wrapped up by Sept. 1, Bessent says as talks pick up
The U.S. Treasury chief did not mention any changes to a July 9 deadline for countries to reach deals with the United States or see tariffs spike higher.
Canadian Prime Minister Mark Carney and U.S. President Donald Trump arrive for a family photo during the Group of Seven leaders' summit at the Kananaskis Country Golf Course in Kananaskis, Alberta, on June 16.
BUSINESS / Economy
Jun 28, 2025
Trump halts trade talks with Canada, shattering optimism over tariff deals
The move came just hours after U.S. Treasury Secretary Scott Bessent struck an upbeat tone on trade, saying deals could be reached by Sept. 1.
Government-stockpiled rice aiming at resolving persisting price rises displayed at a supermarket in Tokyo on May 31
BUSINESS
Jun 27, 2025
Japan private-sector rice imports soar in May
Restaurants and consumers are increasingly turning to U.S. brands in search of cheaper prices.
Governments seeking agreements to whittle down country-by-country tariffs U.S. President Donald Trump announced on April 2, and then suspended until July 9, have no idea where additional levies will land.
BUSINESS / Economy
Jun 27, 2025
Trump’s threat of more tariffs makes U.S. trade partners wary of signing deals
The U.S. might apply levies under Section 232 of the Trade Expansion Act on a range of foreign-made products in certain industries.
U.S. Secretary of Commerce Howard Lutnick attends an event at the White House in Washington on Thursday.
BUSINESS / Economy
Jun 27, 2025
Lutnick says U.S.-China truce signed and 10 trade deals imminent
The move includes a commitment from China to deliver rare earths used in everything from wind turbines to jet planes.
Japanese automakers make 3.3 million cars in the U.S. a year, far more than the 1.37 million that they ship there, Japan's chief trade negotiator Ryosei Akazawa says.
BUSINESS / Economy
Jun 26, 2025
Japan can’t accept 25% car tariffs, Akazawa reiterates
Japanese automakers make roughly 3.3 million cars in the U.S. a year, far more than the 1.37 million that they ship there, the negotiator said.
A worker moves a shipping container at Felixstowe port in Felixstowe, U.K.
BUSINESS / Markets
Jun 25, 2025
Pressure for Trump trade deals ramps up with two weeks to go
As of July 9, exporting nations without a bilateral accord in place will face Trump’s so-called "Liberation Day” tariffs that are much higher than the current baseline 10% level.
Ryosei Akazawa, Japan’s chief tariff negotiator (left), meets with Nippon Steel Chairman and CEO Eiji Hashimoto.
BUSINESS
Jun 24, 2025
Japan needs a big, beautiful trade deal with the United States
A creative solution along the lines of the U.S. Steel "golden share" has been suggested.
Japan has already told the EU that the Japanese eel is at no risk of extinction due to international trade.
JAPAN
Jun 24, 2025
Japan opposes EU moves toward eel trade regulation under CITES
Japan plans to collaborate with countries including China and South Korea to urge signatories to reject the proposal.
The Strait of Hormuz separating Iran (top) from the United Arab Emirates and Oman (bottom) as seen from the International Space Station in 2021. More than half of the oil imported by East Asia passes through the Strait, experts estimate.
BUSINESS / Economy
Jun 24, 2025
Asian countries most vulnerable to Strait of Hormuz blockade
Japanese customs data showed 95% of crude oil imports last year came from the Middle East.
An Iranian military ship takes part in an annual drill in the coastal area of the Gulf of Oman and near the Strait of Hormuz, Iran, in this picture obtained in December 2022.
WORLD / Politics
Jun 23, 2025
China criticizes attack on Iran as U.S. asks Beijing for trade route help
Beijing "strongly” condemns the attacks on Iran, according to a four-sentence statement from the Foreign Ministry on Sunday.
An under-construction container ship sits at the Daewoo DSME shipyard in Okpo, South Korea, in December 2014.
BUSINESS / Economy / FOCUS
Jun 22, 2025
South Korea counts on shipbuilding to ease U.S. tariff woes
Already hit by sector levies on steel and car exports, Seoul is laser-focused on negotiations over a 25% country-specific tariff.
Lexus GX 550 SUV is displayed at the New York International Auto Show in New York in March last year.
BUSINESS / Companies
Jun 21, 2025
Toyota to raise U.S. auto prices by more than $200 from July
Some Toyota- and Lexus-branded models will see their prices raised by an average of $270 and $208, respectively.
Chief tariff negotiator Ryosei Akazawa has said that his U.S. counterparts are open to an extension of the July 9 deadline for countries that are making an effort toward a deal.
BUSINESS / Economy
Jun 20, 2025
Japan hopes good-faith negotiations will buy it some time in U.S. tariff talks
U.S negotiators have said that the July 9 deadline is flexible and that extensions might be granted.
About three-quarters of Japanese imported crude oil travels through the Strait of Hormuz, which Iran has threatened to close.
BUSINESS / Economy / FOCUS
Jun 20, 2025
Japan’s economy is particularly vulnerable amid Middle East conflict
The yen is not trading like a safe-haven asset following Israel's efforts to knock out Iran's nuclear program.
Economic Revitalization Minister Ryosei Akazawa deflected a question over whether Japan will seek an extension of the deadline for the across-the-board tariffs.
BUSINESS / Economy
Jun 20, 2025
Japan won’t fixate on July 9 in U.S. trade talks, says Akazawa
Tokyo's top trade negotiator deflected a question over whether Japan will seek an extension of the deadline for the across-the-board tariffs.
Norway's central bank in Oslo. The krone slid roughly 1% against the dollar and the euro after a rate cut.
BUSINESS / Economy / ANALYSIS
Jun 20, 2025
Oil, war and tariffs tear up global markets' central bank roadmap
Monetary policy uncertainty is one more headwind for markets to navigate against a backdrop of geopolitical and trade risks.
Japan’s trade surplus with the U.S. last year stood at ¥8.6 trillion ($59.3 billion). Roughly 82% of the gap was due to Japan’s surplus in cars and auto parts.
BUSINESS / Economy
Jun 19, 2025
U.S. focus on auto trade gap is sticking point for Japan deal
Prime Minister Shigeru Ishiba briefed CDP leader Yoshihiko Noda and others about the latest developments in the bilateral trade negotiations.
Workers pack bathroom fittings in a factory of the Taiwanese-owned LCM Group in Kunshan, China, on June 10.
ASIA PACIFIC / Politics
Jun 18, 2025
Taiwan's entrepreneurs in China feel heat from cross-strait tensions
Safety fears have led many Taiwanese manufacturers to turn to less politically sensitive locales such as Vietnam and Thailand.
Mitsubishi Motors is raising prices on some of its models, including the gasoline version of Outlander Sport sold in the U.S. market.
BUSINESS / Companies
Jun 18, 2025
Mitsubishi Motors raises U.S. prices as tariffs roil carmakers
The new prices will affect vehicles delivered after Wednesday and won’t be applied to cars currently on display in showrooms.
Workers say corporate South Korea was warned about questionable U.S. visas before Hyundai raid
Activists holding signs that reads "No one is illegal!" protest against a huge immigration raid last week in the U.S. state of Georgia, in front of the U.S. Embassy in Seoul on Tuesday.
As Manila modernizes its military, new opportunities emerge for Tokyo
A Brahmos missile system is displayed during a rehearsal for a military parade in New Delhi in January. The Philippines will soon receive its second batch of the supersonic cruise missiles from India.
Thousands without power in Tokyo as heavy rain batters Kanto region
Heavy rain hit Tokyo and surrounding areas Thursday afternoon, causing thousands to lose power, prompting flood warnings, grounding flights and causing transportation issues.
Why more hotels in Japan are offering room-only service
Nipponia Hotel Ise Kawasaki Merchant Town in Ise, Mie Prefecture
Japan's cutting-edge railgun successfully strikes target vessel
The Defense Ministry’s Acquisition, Technology & Logistics Agency (ATLA) conducted a ship-board railgun shooting test from June to early July this year with the support of the Maritime Self-Defense Force.
Niinami’s ouster quick but not unusual as corporations protect reputation
Takeshi Niinami resigns as chairman and CEO of Suntory Holdings.
As Manila modernizes its military, new opportunities emerge for Tokyo
A Brahmos missile system is displayed during a rehearsal for a military parade in New Delhi in January. The Philippines will soon receive its second batch of the supersonic cruise missiles from India.
Shizuoka farmers fight to preserve sustainable tea method that’s steeped in tradition
As of August 2024, the number of confirmed chagusaba farmers had fallen to 302, just over half the 582 reported in 2015, according to the Shizuoka Chagusaba Farming Method Promotion Council.
Search is on for loopholes in Japan’s $550 billion investment pledge
U.S. Secretary of Commerce Howard Lutnick argues that U.S. President Donald Trump has sole authority to invest Japan's promised $550 billion.
In rural Hokkaido, the stops and starts of tourism revival on full display
Redevelopment plans for Kawayu Onsen have hit some snags — an example of how bringing tourists back to declining rural communities is far from easy work.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Figure skater Akiko Suzuki was once told her ideal weight should be 47 kilograms, a number she now admits she “naively believed.” This led to her have a relationship with food that resulted in her suffering from anorexia.
The silent battle Japanese athletes fight with weight
By Mai Yoshikawa

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