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Yoshiaki Nohara
Trade minister Yoji Muto says his talks in Washington with U.S. officials didn’t result in any confirmation to exclude Tokyo from upcoming tariff measures.
BUSINESS / Economy
Mar 11, 2025
Japan's trade minister fails to win tariff exemption assurance from U.S.
New duties on car imports would deal a direct blow to the economy of Japan, which is already bracing for an indirect impact from tariffs the U.S. is imposing on other nations.
Japan's economy expanded in the October-December quarter at a slower pace than earlier reported as consumption came in weaker than expected.
BUSINESS / Economy
Mar 11, 2025
Japan’s economic growth revised lower ahead of BOJ meet
The revised figures highlight pockets of weakness in the Japanese economy even as it continues to moderately expand.
Trade Minister Yoji Muto speaks during a meeting with steel and aluminum company executives on Feb. 25.
BUSINESS / Economy
Mar 8, 2025
Japan to send trade minister Muto to U.S. amid tariff tensions
The visit is set to take place from March 9 to March 11, just before the extra levies on steel and aluminum are expected to kick in on March 12.
Consumer prices excluding fresh food in the capital rose 2.2% in February from a year earlier, the internal affairs ministry said Friday.
BUSINESS / Economy
Feb 28, 2025
Tokyo inflation slows slightly more than expected on subsidy impact
Consumer prices excluding fresh food in the capital rose 2.2% in February from a year earlier, according to the internal affairs ministry.
Chief Cabinet Secretary Yoshimasa Hayashi said on Wednesday that the Japanese government has raised the issue of auto tariffs with the U.S. government, given the importance of Japan’s automobile industry.
BUSINESS / Economy
Feb 19, 2025
Japan raises auto tariff issue with U.S. as Trump threatens hike
The U.S. president's threat to impose a 25% levy on car imports would likely deliver a big blow to Japan’s economy.
Vehicles bound for shipment at a port in Yokohama. Japan's auto exports to the United States surged 21.8% in January as U.S. President Donald Trump's tariff threats continued to mount.
BUSINESS / Economy
Feb 19, 2025
Japan’s exports rise again ahead of Trump’s tariff measures
Exports measured by value increased 7.2% from a year earlier, led by shipments of cars and ships.
Vehicles bound for shipment at a port in Yokohama. Last year, auto and auto parts made up a third of Japan’s shipments to the United States.
BUSINESS
Feb 14, 2025
Japan begins talks with U.S. to sound out Trump tariff specifics
Trump has singled out Japan and South Korea as nations he believes are taking advantage of the U.S., according to a White House official.
Japanese household consumption in December grew at the fastest pace since August 2022, but it is uncertain whether the gains are sustainable, given wage growth in the month was largely supported by the temporary effect of bonuses.
BUSINESS / Economy
Feb 7, 2025
Japan’s household spending jumps the most since 2022 as wages rise
Outlays adjusted for inflation gained 2.7% in December from a year earlier, according to internal affairs ministry data.
Finance Minister Katsunobu Kato holds a virtual meeting with U.S. Treasury Secretary Scott Bessent last week.
BUSINESS / Economy
Feb 2, 2025
Japan to closely monitor impact on yen of Trump tariffs, Kato says
Kato spoke as the world braces for first salvo in Trump's tariff war, with general levies of 25% on Canada and Mexico and 10% on China.
Bank of Japan Gov. Kazuo Ueda speaks during a news conference at the central bank's headquarters in Tokyo on Jan. 24.
BUSINESS / Economy
Jan 31, 2025
BOJ's Ueda voices confidence conveying rate hike message to market
Ueda said the BOJ’s policy settings are still accommodative after recent rate hikes and that would remain the case as the central bank continues to support the inflation trend.
Consumer prices excluding fresh food in Tokyo climbed 2.5% in January from a year earlier, the fastest pace since last February.
BUSINESS / Economy
Jan 31, 2025
Tokyo inflation hits fastest pace in a year, supporting BOJ view
Consumer prices excluding fresh food in the capital climbed 2.5% in January from a year earlier.
Prime Minister Shigeru Ishiba answers questions during a Lower House plenary session on Monday. Ishiba needs to secure passage of the annual budget to demonstrate he can run policy effectively with his minority government.
JAPAN / Politics
Jan 28, 2025
Japan's opposition DPP to block budget without higher tax allowance
The ruling LDP and Komeito are also negotiating with Nippon Ishin no Kai, who want the government to make school education free for all students.
Japan's exports gained 2.8% in December from a year ago, led by chipmaking machinery and semiconductor parts, government data shows.
BUSINESS / Economy
Jan 23, 2025
Japan’s exports rose in December ahead of anticipated Trump tariffs
Exports measured in value gained 2.8% from a year ago led by chipmaking machinery and semiconductor parts, although shipments fell in terms of volume.
Consumer spending in Japan has been on a downtrend for months.
BUSINESS / Economy
Jan 10, 2025
Japan’s household spending falls, weighing on BOJ rate hike path
Outlays adjusted for inflation fell 0.4% in November from a year earlier, led by household durable goods and clothing.
Consumer prices excluding fresh food rose 2.7% in November from a year earlier driven by higher energy costs.
BUSINESS / Economy
Dec 20, 2024
Japan’s inflation accelerates on energy as BOJ seeks more data
Consumer prices excluding fresh food rose 2.7% in November from a year earlier driven by higher energy costs.
Honmoku pier in Yokohama. While the value of exports has risen, trade is giving limited support to the economy.
BUSINESS / Economy
Dec 18, 2024
Weak yen helps Japan’s exports rise ahead of BOJ meet
Exports measured in value rose 3.8% from a year earlier led by chipmaking machinery and nonferrous metals.
Daishiro Yamagiwa, the chairman of the Liberal Democratic Party's group for semiconductors, says a project to develop a domestic manufacturer of next-generation semiconductors is a battle for the nation's survival.
BUSINESS / Companies
Dec 18, 2024
Japan to support Rapidus even if it delays goal, chip czar says
"We’ve carried out our semiconductor strategy with determination and the Rapidus project is a core part of the strategy,” Daishiro Yamagiwa said.
Akihisa Nagashima, national security adviser to Prime Minister Shigeru Ishiba, speaks during an interview in Tokyo on Thursday.
JAPAN / Politics
Dec 13, 2024
Japan must brace and prepare for Trump tariffs, top adviser says
"Japan must be prepared for Trump following through on his plans,” says Prime Minister Ishiba's national security adviser Akihisa Nagashima.
Japan's economy expanded in the July-September period at a faster pace than initially estimated, with consumer spending relatively solid for a second straight quarter, in a sign that underlying strength may be returning to the economy.
BUSINESS / Economy
Dec 9, 2024
Japan’s economy shows more resilience as BOJ considers hike timing
GDP grew at an annualized pace of 1.2% in the three months through September from the previous quarter.
The United States was Japan’s biggest export destination in 2023 with cars and auto parts making up a third of shipments.
JAPAN / Politics
Dec 6, 2024
Japan eyes talks with Trump that include cutting auto tariffs
Analysts say close personal ties between Trump and late Prime Minister Shinzo Abe played a role in smoothing out trade and diplomatic relations.

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