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December 23, 2024
 

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TARIFFS

U.S. President-elect Donald Trump attends a viewing of the launch of the sixth test flight of the SpaceX Starship rocket, in Brownsville, Texas, on Nov. 19.
BUSINESS / Economy
Nov 27, 2024
Trump names trade envoy and top economic advisor to fill policy team
The U.S. president-elect named Jamieson Greer his trade representative and picked Kevin Hassett as his top economic adviser.
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
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
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.
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.
Freed anti-whaling campaigner Paul Watson arrives in France
U.S.-Canadian anti-whaling environmental activist Paul Watson, who was released from prison in Greenland's capital Nuuk after five months in detention, arrives with Lamya Essemlali, president of Sea Shepherd France, at Charles de Gaulle Airport in Roissy-en-France, near Paris, on Friday.
Nippon Steel alleges undue White House influence on doomed deal review
U.S. President Joe Biden delivers remarks on the economy at the Brookings Institution in Washington on Dec. 10.
Record 78% of people in Japan feel anxious, government survey finds
The public opinion survey on people's lives, conducted by the Cabinet Office, found that 28.1% of respondents think that their standard of living is at a lower-middle level among the general public — the highest percentage to give that response in 35 years.
Police raided suspect's home to arrest him after fatal Kitakyushu stabbing
Broken window glass is seen at Masanori Hirabaru's house in Kitakyushu's Kokuraminami Ward.
Taiwan lawmakers brawl over bills that would 'damage democracy'
Lawmakers from the Democratic Progressive Party and opposition party Kuomintang brawl in parliament in Taipei on Friday.
Casual workouts, cool living, ‘complete’ food: Japan’s health trends of 2024
In 2024, efficiency trumped effort among Japan's fitness-focused aspirants.
The mighty Mekong River's growing plastic problem
A group of elephant keepers in Chiang Saen, Thailand, remove plastic waste from the Ruak River, a tributary of the Mekong River, as a pair of Asian elephants bathe behind them.
Japanese officials inspect Yokota Air Base over PFAS concerns
The Yokota Air Base in western Tokyo in September 2019. An inspection of the base by Japanese government officials on Friday came amid public pressure to investigate suspected links between the use of PFAS-containing firefighting foam by the U.S. base and contamination of soil and groundwater in western Tokyo.
Crime numbers rise in Japan for second straight year
A police officer stands in front of the residence of a man alleged to have stabbed two junior high school students in Kitakyushu.
A year of Oscar wins and a quiet push for diversity
Ryusuke Hamaguchi’s “Evil Does Not Exist,” released in Japanese theaters in April, sharply dramatizes the clash between rural and urban values. The film won five awards at the 2023 Venice Film Festival, including the second-place Silver Lion prize.

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