Tag - trade

 
 

TRADE

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.
U.S. President Donald Trump's 100th day rally in Warren, Michigan, on April 29
BUSINESS
May 4, 2025
Auto workers welcome Trump tariffs, no matter the fate of Wall Street
According to some autoworkers, the tariffs are their best chance of restoring American manufacturing might.
Warren Buffett, CEO of Berkshire Hathaway, speaks to the media as he arrives at an annual shareholders meeting in Omaha, Nebraska, in May, 2019.
BUSINESS / Companies
May 4, 2025
Warren Buffett to retire from Berkshire Hathaway by year's end
Buffett indicated several years ago 62-year-old Greg Abel would be his pick for successor.
A Shein pop-up store in New York. Many goods imported from China now face a 145% tariff.
BUSINESS
May 3, 2025
Young Americans sour on Trump’s China tariffs despite election-year bump
For Republicans, the trade war is poised to reverse gains with a demographic that could be key to maintaining control of Congress.
Ryosei Akazawa, Japan's tariff envoy, speaks to members of the media at the Japanese Embassy in Washington on May 1.
BUSINESS
May 3, 2025
Japan's tariff envoy says Tokyo insisting on U.S. rethink
After arriving back in Japan, Ryosei Akazawa told reporters that the two sides "made progress" toward an agreement, but stressed Tokyo was insisting that all tariffs be reviewed.
A Honda vehicle is assembled at a plant in Lincoln, Alabama. Despite concerns about U.S. President Donald Trump's economic policies, around half of Japanese firms remain committed to the American market, according to a recent survey.
COMMENTARY / Japan / Geoeconomic Briefing
May 2, 2025
Japan Inc. cautiously optimistic despite rising uncertainty
Trump's economic policies and geopolitical risks are front of mind for many Japanese companies. But many remain committed to staying in the U.S. and China, says a recent survey.
The economic fallout from the U.S.-China confrontation may be giving new momentum to efforts to bring both sides to the negotiating table.
ASIA PACIFIC / Politics
May 2, 2025
China says it’s assessing U.S. talks, hinting at possible thaw
U.S. President Donald Trump has repeatedly said Chinese President Xi Jinping needs to contact him in order to begin tariff talks.
U.S. Commerce Secretary Howard Lutnick (far left), U.S. Treasury Secretary Scott Bessent (left) and Ryosei Akazawa, Japan's chief tariff negotiator. The second round of tariff negotiations between Japan and the United States were held on Thursday in Washington.
BUSINESS / Economy
May 2, 2025
Second round of U.S.-Japan tariff talks ends inconclusively in Washington
Neither foreign exchange rates nor defense spending were discussed, said Ryosei Akazawa, Japan's chief tariff negotiator.
While the results were better than analysts had expected, investors are focused on how tariff concerns will play out in the coming quarter.
BUSINESS / Companies
May 2, 2025
Tim Cook says unchanged U.S. tariffs could dent Apple’s next-quarter margins
Apple Q2 beats expectations but warns that unchanged tariffs could cost the company $900 million and requires drastic supply-chain realignment.
U.S. President Donald Trump (center), Secretary of State Marco Rubio (left) and Secretary of Defense Pete Hegseth attend a Cabinet meeting at the White House in Washington on Wednesday.
WORLD / Politics
May 1, 2025
Trump's Cabinet shrugs off economic contraction, at odds with pledges
Figures show U.S. gross domestic product contracted at an annual rate of 0.3 percent in the first quarter.
U.S. President Donald Trump during a cabinet meeting at the White House in Washington on Wednesday.
WORLD / Politics
May 1, 2025
Trump says tariffs politically risky, but he’s not rushing deals
Trump said there was a significant political risk to his efforts, but added that he remained determined to push on.
U.S President Donald Trump meets with economic revitalization minister Ryosei Akazawa at the White House during Akazawa's first trip to the U.S. to discuss tariffs.
BUSINESS / Economy
Apr 30, 2025
Akazawa heads to Washington as Japanese automakers 'losing $1 million an hour' 
Speaking to reporters at Haneda Airport in Tokyo, Japan’s chief trade negotiator remained polite but firm as he suggested that the pressure is on.
A drone view shows the car market in Sarmada town, Idlib, Syria, on March 17.
WORLD / Politics
Apr 30, 2025
A tale of two Syrias: Free-market opening sows resentment of new rulers
Bashar Assad's mismanagement helped push the country of 24 million into an economic tailspin, amid Western sanctions and brutal civil war.
Trade minister Yoji Muto
BUSINESS
Apr 30, 2025
Japan keen to team up with ASEAN for free trade system
ASEAN said it will continue constructive dialogue with Washington while maintaining the rules-based multilateral trade system.
Amazon packages at a distribution center in Washington
BUSINESS / Companies
Apr 30, 2025
Amazon denies tariff label pivot after Trump called to complain
The administration’s broadsides against Amazon on Tuesday highlighted the potential political risk for companies if they decide to break out the cost of tariffs for customers.
Japan’s carmakers are being pushed to combine their resources in an environment roiled by tariffs, as well as to counter Chinese auto firms’ rapid expansion.
BUSINESS / Companies
Apr 30, 2025
Japan's carmakers face consolidation amid tariffs and China's rise, says hedge fund
Man Group’s Stephen Harget thinks the phenomenon could be Japan-specific as automakers in other regions have already been through such a cycle.
Prime Minister Shigaru Ishiba and CDP head Yoshihiko Noda at a parliamentary session in Tokyo on April 23.
JAPAN / Politics
Apr 30, 2025
Ishiba hears advice from across the aisle on how Japan should handle Trump
A shared sense of national crisis and a desire to appeal to voters ahead of the July Upper House elections is pushing opposition parties to speak up.

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