Tag - trade

 
 

TRADE

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.
Prime Minister Shigeru Ishiba (left) and Chilean President Gabriel Boric at the Prime Minister's Official Residence in Tokyo on Sunday
JAPAN / Politics
May 11, 2025
Ishiba and Boric reaffirm importance of free trade
Ishiba told Boric that Japan wants to deepen bilateral cooperation with Chile in the mining sector, given that Chile is the largest source of copper and lithium for Japan.
Yantian port in Shenzhen, Guangdong province, China. Investors are cautiously optimistic that U.S.-China trade talks underway in Switzerland will ease tensions and market volatility, though few expect a major breakthrough amid deep-rooted disputes and high tariffs.
BUSINESS / Markets
May 11, 2025
Wary investors hope U.S.-China talks cool high-stakes trade war
The highly anticipated meeting in Switzerland could mark one of the biggest developments since U.S. President Donald Trump launched sweeping tariffs on April 2.
Prime Minister Shigeru Ishiba speaks during a Lower House committee meeting on Friday.
BUSINESS / Economy
May 11, 2025
Ishiba vows Japan will stand its ground, demanding U.S. lift auto tariffs
The U.S. is an important market for the Japanese automobile industry, accounting for about 20% of its total car exports in terms of volume and about 30% in terms of value.
U.S. Treasury Secretary Scott Bessent takes questions at the White House on April 29. Bessent, a former hedge fund manager, is leading trade talks with China in Geneva.
BUSINESS / Economy
May 11, 2025
U.S. and China conclude first day of talks in bid to ease trade war
U.S. President Donald Trump said negotiators had "a very good meeting” on their first day of an effort to deescalate the rivals' trade war.
U.S. Treasury Secretary Scott Bessent leaves his hotel for a meeting with Chinese officials on tariffs in Geneva on Saturday.
BUSINESS / Economy
May 10, 2025
U.S. and China begin talks in bid to 'de-escalate' trade war
The talks were the first between the world's two largest economies since U.S. President Donald Trump slapped steep new levies on China last month.
U.S. President Donald Trump makes a trade announcement as U.S. Secretary of Commerce Howard Lutnick (second from left), U.S. Vice President JD Vance (third from left), British Ambassador to the United States Peter Mandelson (third from right),  U.S. Trade Representative Jamieson Greer (second from right) and U.S. Secretary of Agriculture Brooke Rollins (right) look on in the Oval Office of the White House in Washington on Thursday.
BUSINESS / Economy / ANALYSIS
May 10, 2025
Trump’s first trade pact offers faint glimpse of art of the deal
For global leaders puzzling over how to negotiate with Donald Trump, the U.S. president’s inaugural pact with the U.K. offers a few clues on how much ground he’s prepared to give.
An attendee wearing a Super Mario costume plays a Nintendo Switch 2 game console at the ExCeL London international exhibition and convention center in London on April 11.
BUSINESS / Tech
May 10, 2025
Nintendo doesn’t rule out Switch 2 price hike after soft outlook
The firm expects shipments of the system to be nearly 1.8 million shy of analysts' estimates, and could raise the price, depending on how Trump administration tariffs work out.

Longform

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