Tag - trade

 
 

TRADE

BUSINESS
Dec 2, 2019
China wants U.S. tariffs rolled back in phase one trade deal, Global Times reports
Beijing's priority in any phase one trade deal with the United States is the removal of existing tariffs on Chinese goods, China's Global Times newspaper said on Sunday, amid continued uncertainty on whether the two sides can strike a deal.
Japan Times
BUSINESS / Tech
Nov 30, 2019
U.S. weighs regulations to further restrict Huawei suppliers abroad: sources
The U.S. government may expand its power to stop foreign shipments of products containing U.S. technology to China's Huawei amid frustration that the blacklisting of the company has failed to cut off supplies to the world's largest telecommunications equipment-maker, two sources said.
Japan Times
BUSINESS
Nov 27, 2019
Canada's biggest rail strike in a decade ends with deal between CN and union
Canada's longest railroad strike in a decade ended on Tuesday as Canadian National Railway Co., the country's biggest railroad, reached a tentative agreement with workers that would help restore grain exports and transportation of chemicals and heating fuel.
BUSINESS
Nov 26, 2019
Japan denies floating one-month time frame for ending South Korea export controls
The denial marks the latest tit-for-tat between Tokyo and Seoul following years of bickering and finger-pointing amid sour bilateral relations.
Japan Times
BUSINESS / Economy
Nov 26, 2019
Strike at Canada's largest railway hits exports, ripples further through economy
A prolonged strike at Canadian National Railway Co., the country's largest railroad, sent further shocks through the economy on Monday with grain shipments scuttled and layoffs planned at fertilizer producers and an auto shipment terminal.
Japan Times
BUSINESS / Markets
Nov 26, 2019
Wall Street sets records on trade truce optimism
Each of Wall Street's three major averages kicked off the trading week by closing at records on Monday as signs pointed to progress between the United States and China on a trade truce, while a round of merger deals also helped buoy sentiment.
Japan Times
BUSINESS / Economy
Nov 26, 2019
Americans, not Chinese, pay Trump tariffs: New York Fed study
When the Trump administration imposed tariffs on Chinese imports last year, officials insisted China would pay the cost — implying Chinese firms would have to cut their prices to absorb import "taxes" of up to 25 percent when the goods hit U.S. shores.
JAPAN / Politics
Nov 25, 2019
Japan-South Korea friction flares again after GSOMIA intel pact rescue
Japan and South Korea take fresh swipes at one another, raising questions about whether relations between the U.S. allies will improve after reaching a last-minute deal to rescue an expiring intelligence-sharing pact.
Japan Times
JAPAN / Politics / ANALYSIS
Nov 23, 2019
GSOMIA lives, but what's next for Japan and South Korea ties?
After South Korea's surprise announcement to remain a party to a key intelligence-sharing pact with Japan, wartime labor, the issue at the heart of strained bilateral ties, remains far from being resolved.
Japan Times
BUSINESS / Economy
Nov 23, 2019
Despite continuation of intel pact, Japanese businesses see little hope for early recovery of ties with South Korea
Despite Seoul's eleventh-hour decision on Friday to effectively extend its military information-sharing pact with Tokyo, Japanese businesses appear to have little hope of an early recovery for bilateral ties due to the lack of a resolution of the wartime labor issue.
Japan Times
ASIA PACIFIC / Politics
Nov 23, 2019
Trump vague about whether he will veto legislation that backs Hong Kong protesters
U.S. President Donald Trump was vague on Friday about whether he would sign or veto legislation to back protesters in Hong Kong as he tries to strike a trade deal with China, and boasted that he alone had prevented Beijing from crushing the demonstrations with a million soldiers.
BUSINESS
Nov 22, 2019
Slumping vehicle sales hit employment in Japan's auto sector
Slumping vehicle sales are starting to take a toll on the employment situation in the automotive industry.
BUSINESS / Economy
Nov 22, 2019
Trump pledged to help small farms but aid is going to big ones
Donald Trump promised he would help embattled small farmers caught in the crossfire of his trade war with China. But big farms so far have been the main beneficiaries of the billions of dollars being distributed in aid payments.
BUSINESS / Economy
Nov 22, 2019
U.S. labor market and manufacturing data point to slowing economy
The number of Americans filing applications for unemployment benefits was unexpectedly unchanged at a five-month high last week, suggesting some softening in the labor market.

Longform

A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
If the 'Big One' hits, this city could face a 31-meter-high tsunami