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U.S. President Donald Trump delivers remarks on reciprocal tariffs during an event in the Rose Garden entitled "Make America Wealthy Again" at the White House in Washington on Wednesday.
BUSINESS / Economy / ANALYSIS
Apr 5, 2025

Nowhere to hide: Trump tariffs leave trading partners cornered

Hit by 10% to 50% tariffs on their exports, most countries lack the firepower to hit back or the political will to slug it out.
Taiwanese National Security Council Secretary-General Joseph Wu (left), President Lai Ching-te (center) and Defense Minister Wellington Koo pose for photos with soldiers as they visit the troops during the Rapid Response Exercise at the Songshan military airbase in Taipei on March 21.
ASIA PACIFIC / Politics
Apr 5, 2025

Taiwan's top security official visits U.S. for talks

The visit marked Donald Trump's first use of the so-called special channel since returning to the White House on Jan. 20.
Guests play with the new Nintendo Switch 2 video game console system during a presentation at the Grand Palais in Paris on Wednesday.
BUSINESS / Tech
Apr 5, 2025

Nintendo delays Switch 2 preorders in U.S. over tariff concerns

The Kyoto-based company is delaying preorders of its hotly anticipated gaming console as it assesses the fallout from the trade tariffs.
The International Space Station is seen as a small object to the upper left of the moon.
BUSINESS / Tech
Apr 5, 2025

Honda to test renewable tech in space soon

The auto giant is developing a mechanism capable of generating electricity and oxygen continuously — enabling astronauts to breathe.
The Dow Jones Industrial Average after the close of trading on the floor at the New York Stock Exchange after the closing bell on Friday.
BUSINESS / Markets / FOCUS
Apr 5, 2025

Recession trade engulfs Wall Street on tariff fight

Traders are pricing in what increasingly looks like a negative-feedback loop as Trump indicates he’s not going to back down.
Prime Minister Shigeru Ishiba speaks during a news conference at the Prime Minister's Office in Tokyo on Tuesday.
JAPAN / Politics
Apr 5, 2025

Ishiba says he plans to speak to Trump about tariffs in coming days

Prime Minister Shigeru Ishiba said that these talks could see Japan offer a fresh investment package, though he ruled out a small, piecemeal deal.
Shipping containers at the Port of Los Angeles in Los Angeles on Friday
BUSINESS / Economy
Apr 5, 2025

U.S. starts collecting Trump's new 10% tariff, smashing global trade norms

The initial 10% "baseline" tariff took effect at U.S. seaports, airports and customs warehouses at 12:01 a.m.
U.S. President Donald Trump waves as he walks to deliver remarks on reciprocal tariffs during an event in the Rose Garden entitled "Make America Wealthy Again" at the White House in Washington on Wednesday.
BUSINESS / Economy
Apr 6, 2025

'Hang tough, it won't be easy': Trump defiant on tariffs

The comments came as Trump's widest-ranging trade measures took effect in a move that could trigger retaliation and escalating economic tensions.
American autoworkers assemble Honda Accords at the Japanese company's Marysville Auto Plant in the state of Ohio in December 2017.
COMMENTARY / Japan
Apr 1, 2025

Ford is as American as apple pie. Or is that Honda?

Trump's 25% auto tariffs will raise car prices, complicate manufacturing and prioritize outdated protectionism over industry trends like electrification and software.
Soybeans are harvested near Stuttgart, Arkansas in October 2023.
BUSINESS / Economy / FOCUS
Apr 6, 2025

'Anxious' U.S. farmers see tariffs as threatening earnings

U.S. farmers hoping for a profit this year instead find themselves facing lower crop prices — and the prospect of ceding more ground in foreign markets.
Kids view the area from a lookout point over cranes and containers at the Port of Keelung, Taiwan, on Thursday.
BUSINESS
Apr 7, 2025

Taiwan eyes zero tariffs with U.S., pledges more investment

The U.S. is Taiwan's most important international backer and main source of arms, despite the lack of formal diplomatic ties.
People walk past the communist-era Palace of Culture and Science in the center of Warsaw on April 2.
BUSINESS / Economy
Apr 7, 2025

Sex toys and exploding cosmetics: anatomy of a 'hybrid war' on the West

European security chiefs described the parcel fires as part of a "hybrid war" being waged by Russia to destabilize countries that support Ukraine.
The Leica museum in Wetzlar, western Germany, on March 18. The Leica camera turns 100 this year.
BUSINESS / Tech
Apr 7, 2025

Snappy birthday: Germany's Leica camera turns 100

The Leica 1 camera made its debut at the Leipzig Spring Fair in 1925.
In a reflection of persistent price pressure, real wages declined for a second straight month in February, falling 1.2% from a year earlier.
BUSINESS / Economy
Apr 7, 2025

Japan’s nominal wages rise in bright spot as outlook darkens

Nominal cash earnings for workers climbed 3.1% in February from a year earlier, with the pace accelerating from a revised 1.8% in January, the labor ministry said Monday.
Billionaire Bill Ackman — an ally of U.S. President Donald Trump — has said the new U.S. trade regime is a "mistake.”
BUSINESS / Economy
Apr 7, 2025

Hedge fund billionaires denounce Trump’s tariffs as rout deepens

The widening criticism came as Trump offered no indication he was prepared to claw back a punishing trade overhaul set to begin on April 9.
Kwai Chung container ports in Hong Kong earlier this month
BUSINESS / Markets
Apr 7, 2025

East Asia tries a mix of measures to counter U.S. tariffs as markets suffer

U.S. President Donald Trump last week announced a raft of tariffs, with almost every country affected.

Longform

An ongoing shortage of rice has resulted in rising prices for Japan's main food staple.
Why Japan is running out of rice — and farmers to grow it