Tag - trade

 
 

TRADE

A recent law passed by the Brazilian Congress grants President Luiz Inacio Lula da Silva powers to retaliate against trade barriers.
WORLD / Politics
Jul 11, 2025
Brazil's Lula pledges retaliation to Trump tariffs but keeps diplomacy open
The "law of reciprocity will be put into practice," the Brazilian president says.
Takeshi Niinami, Suntory Holdings CEO and chairperson of the Japan Association of Corporate Executives
BUSINESS / Economy
Jul 10, 2025
Japan's united front on tariffs begins to crack as doubts raised
A senior business leader has questioned the effectiveness of the government in negotiating with the U.S.
In June, the export price index for vehicles shipped to North America plunged 19.4% from a year earlier on a contract currency basis.
BUSINESS / Companies
Jul 10, 2025
Japanese carmakers slash export prices to U.S. to offset tariff hit
The move raises concerns over companies’ profitability and whether they can continue to keep raising wages at home.
Rare earth magnets in Baotou, China. India is planning to spur local production of rare-earth magnets to cut its reliance on China.
BUSINESS
Jul 10, 2025
India plans to kickstart rare-earth magnet output to cut China reliance
China's tightening of export controls on rare earths amid a trade war with the U.S. has disrupted supply chains for global carmakers, including those operating in India.
Indian Prime Minister Narendra Modi. Officials in New Delhi say they’re not overly alarmed by U.S. President Donald Trump’s latest tariff threats for now.
BUSINESS
Jul 10, 2025
Trump’s BRICS warning to India adds new twist to trade deal
U.S. President Donald Trump said India could face an additional 10% tariff alongside other members of BRICS, which he has labeled "anti-American.”
A container ship in Cebu City, the Philippines. The Philippines  sent some $14.1 billion of goods to the U.S. last year.
BUSINESS / Markets
Jul 10, 2025
Trump unveils new tariff rates, including 50% levy on Brazil
Trump cited the treatment of Jair Bolsonaro — Brazil's former populist president — calling on authorities to drop charges against him over an alleged coup attempt.
U.S. President Donald Trump speaks as Attorney General Pam Bondi (left) and Secretary of State Marco Rubio (center) look on during a Cabinet meeting at the White House in Washington on Tuesday.
JAPAN / Politics / ANALYSIS
Jul 9, 2025
Trump signals continuing trade-defense link as tariff talks drag on
The U.S. leader has again alleged that Seoul is taking advantage of Washington on defense spending and burden-sharing — a worrying sign that may also have implications for Tokyo.
A sample of gallium (Ga)
BUSINESS
Jul 9, 2025
How U.S. buyers of critical minerals bypass China's export ban
Trade data illustrate a re-routing of U.S. shipments via third countries — an issue Chinese officials have acknowledged.
Brazilian President Luiz Inacio Lula da Silva (left) and Indian Prime Minister Narendra Modi embrace at the G20 Leaders' Summit In Rio De Janeiro in 2024.
WORLD / Politics
Jul 9, 2025
Brazil’s Lula hosts Modi in bid to turn India into a major trade partner
Brazilian President Luiz Inacio Lula da Silva is desperate to finally crack the code on a relationship that has never fully taken off thanks to a litany of incompatibilities.
U.S. President Donald Trump (center) with Secretary of State Marco Rubio (left) and Defense Secretary Pete Hegseth at the White House on Tuesday
BUSINESS / Markets
Jul 9, 2025
Trump vows no tariff extension and hardens threats on copper and drugs
The U.S. president stresses he would not offer additional extensions on country-specific levies set to now hit in early August.
U.S. Treasury Secretary Scott Bessent speaks to reporters in Washington on June 27.
BUSINESS
Jul 9, 2025
U.S. Treasury Secretary Bessent to visit Japan next week for Expo
The visit comes after Donald Trump stated his intention to raise tariffs on all Japanese imports to 25% — slightly higher than the 24% rate initially announced in April.
U.S. President Donald Trump (left) and Commerce Secretary Howard Lutnick at Morristown Airport, New Jersey, on Sunday. Trump on Monday sent letters to 12 countries notifying them of new "reciprocal" tariff rates effective Aug. 1.
BUSINESS / Economy
Jul 8, 2025
Japan stands its ground after Trump letter delivers 25% U.S. tariff shock
Tokyo holds the line on its negotiating position, especially when it comes to auto exports.
Japan posted a current account surplus of ¥3,436.4 billion in May, the highest level for the month, according to the Finance Ministry.
BUSINESS / Economy
Jul 8, 2025
Japan's current account surplus sets record for May as trade deficit shrinks
The current account balance, the broadest indicator of a country's international trade and investment flows, was in the black for the fourth consecutive month.
Despite months of negotiations and Japan’s key role as a U.S. ally and investor, Prime Minister Shigeru Ishiba faces frustration as U.S. President Donald Trump’s tariff threats persist — damaging trust and complicating relations.
COMMENTARY / Japan
Jul 8, 2025
Donald Trump’s ‘copy-and-paste’ tariffs will no doubt rile ‘Mr. Japan’
Trump's copy-and-paste wording sent to world leaders was virtually identical, including telling Tokyo to open its "heretofore closed trading markets” — whatever that means.
U.S. Secretary of State Marco Rubio on Capitol Hill in Washington on May 20
ASIA PACIFIC / Politics
Jul 8, 2025
Trump's latest tariffs cast shadow on Rubio's first Asia trip as top U.S. envoy
Rubio is expected to seek to firm up U.S. ties with partners unnerved by Trump's global tariff strategy, but the tariff announcements seem certain to make that task harder.
Former Prime Minister Fumio Kishida attends the EU-Japan summit in Brussels in July 2023. Economic cooperation between the EU, Japan and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership is showing promise but faces political and structural hurdles that could limit progress.
COMMENTARY / Japan
Jul 8, 2025
EU-CPTPP talks highlight shared goals and stubborn obstacles
EU economic cooperation with Japan and the CPTPP shows promise but could face political and structural hurdles that limit progress.
A truck is driven past shipping containers stacked up at Pusan Newport Terminal in Busan, South Korea, on July 1.
BUSINESS / Economy
Jul 8, 2025
South Korea vows to fix regulations after Trump’s new tariff deadline
Seoul says it will accelerate negotiations to reach a mutually beneficial agreement with Washington.
White House press secretary Karoline Leavitt holds a trade letter sent by the White House to Japan during a news conference at the White House in Washington on Monday.
BUSINESS / Economy
Jul 8, 2025
Trump announces new tariff rate on Japan — and extension of deadline to Aug. 1
The United States will raise its “reciprocal tariff” on Japan to 25% effective Aug. 1, President Donald Trump said in a letter addressed to Prime Minister Shigeru Ishiba on Monday.
Brazilian President Luiz Inacio Lula da Silva speaks during the BRICS summit, at the Museum of Modern Art in Rio de Janeiro on Sunday.
WORLD / Politics
Jul 7, 2025
BRICS leaders condemn Gaza and Iran attacks, urging global reforms
With forums such as the G7 and G20 hamstrung by divisions and Trump's "America First" approach, the grouping has opened new space for diplomatic coordination.
U.S. President Donald Trump stands next to Commerce Secretary Howard Lutnick, as he speaks to members of the media, upon his arrival at Morristown Airport, in Morristown, New Jersey, on Sunday.
BUSINESS / Economy
Jul 7, 2025
U.S. tariffs to kick in Aug. 1, barring trade deals
The U.S. Treasury chief signaled that letters President Donald Trump is poised to send trading partners this week aren’t the final word on countries’ immediate tariff rates.

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An illustration features the Japanese signs for "ganbare" (good luck) and the Deaflympics, which will be held between Nov. 15 and 26.
A century of Deaf sport finds its moment in Tokyo