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April 05, 2025
 

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TARIFFS

A Nissan manufacturing complex in Aguascalientes, Mexico. Nissan says it will not take new orders from the United States for two Mexican-built Infiniti SUVs following new auto tariffs levied by the U.S.
BUSINESS / Companies
Apr 4, 2025
Nissan says it will not take new U.S. orders for Mexican-built Infiniti SUVs
It says it will maintain two shifts of production of its Rogue SUV at its Smyrna, Tennessee, plant following the announcement of new U.S. tariffs on automobiles.
Prime Minister Shigeru Ishiba speaks during a news conference at the Prime Minister's Office on April 1. He has said that Japan is facing a "national crisis" following the introduction of new tariffs by the United States.
BUSINESS / Economy
Apr 4, 2025
Japan digs deep to address 'national crisis' caused by Trump tariffs
Prime Minister Shigeru Ishiba vows to "unite the entire country" in response to the crisis.
Japanese stocks have been falling for two days after U.S. President Donald Trump announced a new round of tariffs. This picture was taken on Thursday, the first trading day in Tokyo after the U.S. president's announcement of the tariffs.
BUSINESS / Markets
Apr 4, 2025
Tokyo stocks fall for another day as reality of Trump tariffs sets in
Some analysts say financial markets will likely be volatile in the short term, but their longer-term outlook remains optimistic.
Containers and cranes at the international port of Manila on Thursday.
BUSINESS
Apr 4, 2025
Philippines sees benefits as Trump tariffs hit peers harder
The Philippines is striking an optimistic tone amid global anxiety over President Donald Trump’s sweeping tariff move.
While tariffs and value-added taxes seem similar, a VAT would be a more effective, long-term solution for boosting the U.S. economy.
COMMENTARY / World
Apr 4, 2025
Europe’s VAT hurts the U.S.? Retaliate with a VAT.
Maybe misconceptions about tariffs and trade can be turned to America’s advantage.
U.S. President Donald Trump and Chinese President Xi Jinping in Osaka in 2019. With his global tariffs announcement, Trump may have undercut his own China strategy.
WORLD / Politics / ANALYSIS
Apr 4, 2025
Trump's global trade war may defeat U.S. strategic goals on China
Tariffs could cause an economic moat to form around the U.S. that ultimately undermines Washington's strategic goals on Beijing, analysts warn.
Containers stacked up at the Phnom Penh Autonomous Port in Phnom Penh on Thursday. Southeast Asian countries with a significant trade surplus with the U.S. came in for harsh treatment from Trump's stinging tariffs.
BUSINESS / Economy
Apr 4, 2025
Trump tariffs are a ‘disaster’ for world’s poorest countries
Poor nations' labor-intensive export industries face new risk in trade war.
Household outlays declined 0.5% in February from a year earlier, led by falling outlays on clothes and footwear, housing and food.
BUSINESS / Economy
Apr 4, 2025
Japan’s household spending drops for first time in three months
The drop, ahead of sweeping tariffs announced by the U.S., was led by falling outlays on clothes and footwear, housing and food.
Wall Street stocks sank in early trading on Thursday, joining a global equity selloff after U.S. President Donald Trump's latest tariff announcement exacerbated worries about a trade war.
BUSINESS / Markets
Apr 4, 2025
S&P 500 suffers worst drop since COVID as tariffs rattle traders
The S&P 500 Index sank 4.8% — its biggest drop since June 2020 — to enter a technical correction again following a brutal global rout in markets from Tokyo to London.
U.S. President Donald Trump speaks with journalists onboard Air Force One en route to Miami on Thursday.
BUSINESS
Apr 4, 2025
Trump open to tariff cuts in return for ‘phenomenal’ offers
"The tariffs give us great power to negotiate,” Trump said, adding that "every country has called us.”
U.S. President Donald Trump walks in the Rose Garden at the White House in Washington on Wednesday, the day of his remarks on tariffs.
WORLD / Politics
Apr 4, 2025
For Trump, tariff gamble brings political risk
If his promises to recast the economy don't work out, it could cause political headwinds for his party and economic pain for his constituents.
U.S. President Donald Trump unveils new U.S. tariffs at the White House in Washington on Wednesday.
BUSINESS / Economy
Apr 3, 2025
Japan promises 'bold and speedy' response to Trump’s surprise 24% tariffs
The duty rate for Japanese products is the "worst among the scenarios that had been imagined" by the market.
Suntory President Nobuhiro Torii says the company has the option of simply changing the target market if prices of Hibiki and Yamazaki become up too high for U.S. consumers.
BUSINESS / Companies
Apr 3, 2025
Suntory may shift focus to Japan, Asian markets to counter U.S. tariffs
Its president, Nobuhiro Torii, says it has the option of simply changing the target market if prices for its whiskeys become too high for American consumers.
U.S. President Donald Trump delivers remarks and signs tariffs in the Rose Garden of the White House, in Washington, on Wednesday.
BUSINESS / Economy
Apr 3, 2025
With Trump’s tariffs, the chasm between allies and the U.S. widens
Trump’s plan, which he unveiled on Wednesday and is calling "reciprocal,” would impose a wave of tariffs on dozens of countries.
Trump tosses a MAGA hat to the crowd during an event in which he unveiled new tariffs in the White House on Wednesday.
BUSINESS / Economy
Apr 3, 2025
Trump unveils 10% global tariff, with Japan levy set at 24%
The higher "reciprocal” rates are based on a government tally of levies and nontariff barriers that countries impose on U.S. goods.
Japan’s stocks plunged after U.S. President Donald Trump slapped the nation with a 24% levy as part of tariffs on trading partners worldwide.
BUSINESS / Markets
Apr 3, 2025
Japan’s stocks slump on Trump’s 24% tariffs and stronger yen
The Topix Index fell 4% to 2,544.41 as of 9:12 a.m. Tokyo time, while the blue-chip Nikkei declined 4.1% to 34,281.76.
New vehicles parked at a pier in Yokohama on Wednesday.
BUSINESS / Companies
Apr 2, 2025
'Give me a break': Trump tariffs threaten Japan auto sector
The 5.6 million people employed directly or indirectly in the auto sector are now fearful about their future.
Japanese cars awaiting export at a port in Yokohama. The United States will start collecting new 25% import duties on cars and car parts from Thursday.
BUSINESS / Economy / FOCUS
Apr 2, 2025
Japan has some cards to play in trade war with the United States 
It could offer voluntary restraints on exports, or it could offer to buy more from the U.S. in order to reduce the trade surplus with that country.
Bank of Japan Gov. Kazuo Ueda told parliament on Wednesday that new U.S. tariffs could have a large impact on trade activities among nations, depending on their size and the area they cover.
BUSINESS / Economy
Apr 2, 2025
U.S. tariffs could have big impact on global trade, BOJ chief says
Gov. Kazuo Ueda also underlined the potential of such tariffs affecting households and business sentiment, which would go on to influence overall spending.
U.S tariffs on Vietnam would force Nike, one of several sportswear brands heavily reliant on the Southeast Asian nation as a production site, to absorb higher costs or hike its prices at a time when it is already discounting some items to clear inventory.
BUSINESS / Markets
Apr 2, 2025
U.S. tariffs on Vietnam would be a blow to Nike and other sportswear brands
Vietnam is a hub for high-tech running shoes, sportswear and outdoor apparel, with brands seeking to reduce exposure to China.
U.S. tourist arrested after bringing a handgun into Japan
Hyogo police believe the handgun a U.S. tourist inadvertently brought into Japan slipped through security procedures at Kansai International Airport in Osaka Prefecture.
3D printer used to construct train station building in Japan
A train station building (front) is assembled from parts printed using 3D printer technology, in Arida, Wakayama Prefecture, on Wednesday.
Japan’s leader didn’t read the job description
Prime Minister and ruling Liberal Democratic Party leader Shigeru Ishiba is facing a political funding scandal that has damaged his reputation and sparked speculation that internal efforts to remove him are underway.
Japan promises 'bold and speedy' response to Trump’s surprise 24% tariffs
U.S. President Donald Trump unveils new U.S. tariffs at the White House in Washington on Wednesday.
Tokyo’s KK Line to close for decadelong overhaul as public greenway
People enjoy running and yoga on Tokyo Expressway’s KK Line, a 2-kilometer elevated expressway cutting through the capital’s commercial Ginza district, when it was opened as a pedestrian space in May last year.
Haruki Murakami TV adaptation revisits 30 years of watershed moments
Though Haruki Murakami's trademark whiff of offbeat existentialism is threaded throughout NHK's "After the Quake," the final episode — conceived as a sequel to the story "Super-Frog Saves Tokyo" — is the most stylized, featuring an anthropomorphic talking frog (voiced by Non) and his erstwhile associate Katagiri (Koichi Sato).
Nintendo to launch the Switch 2 on June 5
The controllers for the Switch 2 will attach to the console magnetically rather than sliding on rails as with the original device.
A new human trafficking trend emerges from Myanmar scam centers
Victims of scam centers who were tricked or trafficked into working in Myanmar gather at a compound inside KK Park, a fraud center on the country's border with Thailand, after a multinational crackdown in February.
Meiji says sayonara to bottled milk, a staple of Japan's bathhouses
Meiji bottled milk lined up in a fridge at Kosugiyu, a bathhouse in Tokyo. The sticker urges patrons to enjoy the milk one last time before it’s gone.
A Canadian made a weekend trip to Costco a Japanese pastime
Under the watchful eye of Ken Theriault, Costco representative director and Japan country manager, the American membership-model wholesaler has flourished in Japan.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Professional cleaner Hirofumi Sakurai takes a moment to appreciate some photographs in a Gotanda apartment whose occupant died alone.
The last cleanup: Life and death in a lonely Japan
By Johan Brooks

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