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November 22, 2024
 

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TARIFFS

Asian banks are shifting focus from trade financing to wealth management and capital markets to offset potential losses from U.S. tariffs and capitalize on growing regional and global wealth.
COMMENTARY / World
Nov 13, 2024
The wealthy will shield Asian banks from Trump tariffs
Asian banks are shifting focus from trade financing to wealth management and capital markets to offset potential losses from U.S. tariff.
Joe Biden’s tariffs on Chinese electric vehicles and other imports are more than symbolic — they are a signal that the U.S. won’t accept a surge of imports that could undermine crucial parts of his administration’s agenda.
COMMENTARY / World
May 21, 2024
The U.S. is preparing for a second 'China shock'
The immediate impact of these tariffs will be small, because the United States currently imports very few of the affected goods from China.
Japan Times
BUSINESS / Economy
Dec 10, 2022
WTO says Trump’s metals tariffs broke rules as U.S. rejects findings
The 25% tariffs on global steel imports and 10% import taxes on global aluminum violated basic WTO rules, a dispute-settlement panel said.
Japan Times
JAPAN
Apr 20, 2022
Japan expels eight Russians and tightens sanctions on Moscow
As Moscow's war against Ukraine continues, the eight accused of spying on Japan left Tokyo's Haneda Airport with their families on a chartered plane arranged by the Russian government.
Japan Times
JAPAN
Mar 16, 2022
Japan to revoke Russia's most favored nation trade status
The U.S., EU and U.K. have announced similar moves following a G7 leaders' statement describing actions to deny the preferred trade status to Moscow.
Japan Times
BUSINESS
Feb 9, 2022
Biden moves to soothe allies in China’s shadow with Japan deal
The deal would allow most steel shipments from Japan to to enter tariff-free for the first time since 2018 and would see the countries working together to combat Chinese trade practices.
Japan Times
BUSINESS / Economy
Feb 8, 2022
U.S. and Japan reach an agreement to remove Trump-era steel tariffs
The new deal will take effect on April 1 and requires Japan to take 'concrete steps' to fight global excess steel manufacturing capacity, largely centered in China.
Japan Times
BUSINESS / Economy
Feb 1, 2022
Japan's U.S. ambassador calls talks on easing metals tariffs 'robust'
Koji Tomita said the U.S.-EU quota agreement that is now allowing some steel and aluminum into the United States duty free is a template for the talks.
Japan Times
BUSINESS / Economy
Dec 14, 2021
U.S. pitches truce to Japan over Trump-era steel and aluminum tariffs
The proposed truce comes as the Biden administration aims to sign what could prove a 'very powerful” economic framework agreement with Asian nations.
Japan Times
COMMENTARY / World
May 11, 2020
National security is in the eye of the beholder
National security is being used as a respectable veneer for otherwise legally questionable actions.
Japan Times
BUSINESS
Feb 21, 2020
Washington state acts to drop Boeing tax break to head off EU tariffs
Washington state lawmakers moved on Wednesday to remove a key tax break for Boeing Co. and other aerospace firms in a bid to head off possible European tariffs on U.S. goods and ease a transatlantic trade dispute over aircraft subsidies.
Japan Times
BUSINESS
Feb 6, 2020
China to halve tariffs on U.S. imports worth $75 billion from Feb. 14
China will halve tariffs on some $75 billion (¥8.24 trillion) of imports from the U.S. later this month, reciprocating a U.S. action and likely satisfying part of their interim trade deal.
Japan Times
BUSINESS / Economy
Feb 6, 2020
U.S. trade deficit narrowed in 2019 for first time in six years
The U.S. trade deficit fell for the first time in six years in 2019 as the White House's trade war with China curbed the import bill, keeping the economy on a moderate growth path despite a slowdown in consumer spending and weak business investment.
Japan Times
BUSINESS
Feb 6, 2020
Phase 1 trade deal ambiguity gives China ample room for coronavirus delays in funding U.S. 'export boom'
The United States' expected "export boom" to China in the aftermath of the Phase 1 trade deal will be delayed, as China battles the rapidly spreading coronavirus, White House economic adviser Larry Kudlow said on Tuesday.
Japan Times
BUSINESS
Feb 3, 2020
Johnson ready to walk away from EU talks without formal trade deal
Boris Johnson plans to say he's prepared to quit talks over the U.K.'s future trade relationship with the European Union if he doesn't get what he wants.
Japan Times
BUSINESS
Jan 28, 2020
Auto tariffs to be key topic in Japan-U.K. trade talks after Brexit
Auto tariffs are expected to come up as a top agenda item in Japan-U.K. trade talks that are expected to start as early as this spring after the latter's exit from the European Union.
Japan Times
BUSINESS
Jan 21, 2020
Macron and Trump declare a truce in digital tax dispute
French President Emmanuel Macron said Monday he had a "great discussion" with U.S. President Donald Trump over a digital tax planned by Paris and said the two countries will work together to avoid a rise in tariffs.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Russia launched intercontinental ballistic missile during attack on Ukraine, Kyiv says
A Yars intercontinental ballistic missile is launched during a test from the Plesetsk cosmodrome in Northern Arkhangelsk region of Russia, in this still image captured from video released on Oct. 29.
Ishiba aggravates his own political failures with diplomatic faux pas
Prime Minster Shigeru Ishiba is greeted at the APEC summit in Lima by Canadian Prime Minister Justin Trudeau on Friday. The Japanese leader was criticized for remaining seated while meeting several world leaders at the event.
Japan's 3.31 million visitors in October set monthly record
Kiyomizu Temple in Kyoto in December 2023. Famous autumn leaf colors contributed to increased tourism demand last month from many markets across Asia, Europe and North America, the Japan National Tourism Organization has said.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.
Japanese expats in Asia find community through rugby
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
In Fukushima, a weekend of prose, poetry and translation
Aomori-based writer JJ Carter presented on tabletop gaming as creative inspiration for building characters and narratives.
For Dr. Nakamats, aging is just experience in action
Though he didn't win the recent gubernatorial election in Tokyo, the 96-year-old Dr. Nakamats' run was seen as inspirational in Japan's aging society.

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