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April 02, 2025
 

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TARIFFS

U.S. President Donald Trump’s tariffs are framed as a way to generate revenue and bring and return businesses to America. However, retaliation from trading partners will weaken any potential gains.
COMMENTARY / World
Mar 25, 2025
Making sense of the tariff chaos
Many Americans probably find this rationale compelling. After all, what’s wrong with putting national interests first?
Yields on Japan's 10-year government bonds have risen at a fast pace since the Bank of Japan ended its negative-rate policy last year and started to tighten.
BUSINESS / Markets
Mar 25, 2025
Japan bond rout signals era of ultralow rates might really be over  
For the first time in 16 years, yields on Japanese 10-year government bonds have jumped 50 basis points since November to above 1.5%.
Cars parked at the port in Bayonne, New Jersey, in 2021
BUSINESS / Markets
Mar 25, 2025
Stocks rise as Trump hints at delays to auto tariffs and relief for some
U.S. markets ended Monday broadly higher on optimism that the tariffs set to be detailed next week may not be as extensive as expected.
U.S. Sen. Steve Daines meets with Chinese Premier Li Qiang at the Great Hall of the People in Beijing on Sunday.
WORLD / Politics
Mar 24, 2025
Xi must stop fentanyl flow before tariff talks, Trump ally says
Steve Daines laid out the condition in meetings with Chinese officials in Beijing over the weekend.
Workers at the Cosco Shipping Holding shipyard in Qidong, Jiangsu province, China, on Oct. 8, 2024
BUSINESS / Economy
Mar 24, 2025
Billion-dollar U.S. levies on Chinese ships risk ‘trade apocalypse’
The levies could theoretically generate between $40 billion and $52 billion for U.S. coffers.
U.S. President Donald Trump walks toward Air Force One in Morristown, New Jersey, on Saturday.
BUSINESS / Economy
Mar 23, 2025
Trump plans his tariff ‘Liberation Day’ with more targeted push
Trump is preparing a "Liberation Day” tariff announcement on April 2.
An economic dialogue between Japan and China will take place in Tokyo on Saturday, the same day as a meeting among top diplomats of the two countries plus South Korea.
BUSINESS
Mar 21, 2025
Japan and China set for economic talks as U.S. tariff pressure rises
The scale and proximity of the Chinese market means it is in Japan’s interest to maintain stable relations despite ongoing tensions.
A worker arranges cases of avocados at a packaging facility in Mexico on Tuesday. U.S. President Donald Trump has said he will follow through next month on twice-delayed plans to impose 25% levies on goods from Mexico as well as Canada.
BUSINESS / Economy
Mar 21, 2025
Trump trade upheaval leaves foreign central banks guessing
The stagflationary direction noted of the U.S. outlook has central banks across the globe parsing what the fallout may mean for them.
U.S. Federal Reserve Chair Jerome Powell speaks at a news conference in Washington on Wednesday.
BUSINESS / Economy
Mar 20, 2025
Powell downplays growing risks, sees tariff impact as transitory
His use of the word "transitory” was surprising because the Fed employed the same word when inflation exploded following the onset of COVID-19.
Bank of Japan Gov. Kazuo Ueda speaks during a news conference in January in Tokyo.
BUSINESS / Economy
Mar 19, 2025
Bank of Japan holds steady at 0.5% as trade war escalates and inflation rises
The move was widely expected, with economists unanimous in seeing back-to-back rate increases as unlikely from the central bank, which made one in January.
U.S. President Donald Trump speaks with C.C. Wei, chief executive of Taiwan Semiconductor Manufacturing Co., at a news conference in Washington on March 3.
BUSINESS / Tech
Mar 19, 2025
Tariff threats spur TSMC’s Taiwan peers to seek U.S. expansion
Taiwanese electronic firms' migration of manufacturing to the U.S. has accelerated from previous years as U.S. President Donald Trump threatens more trade barriers.
Japan's shipments abroad have advanced in the first two months of this year, as Japanese companies brace for the rollout of higher tariffs in the United States.
BUSINESS / Economy
Mar 19, 2025
Japan’s exports rose more quickly in February ahead of Trump tariffs
Global trade flows face potential major disruptions as the U.S. continues to escalate its tariff campaign, targeting nations where Japanese carmakers have manufacturing bases.
Italian Prime Minister Giorgia Meloni talks with Economy Minister Giancarlo Giorgetti in the upper house of Parliament in Rome on Tuesday.
WORLD / Politics
Mar 19, 2025
Meloni cautions EU on U.S. trade war and says Italy won't send troops to Ukraine
Italian Prime Minister Giorgia Meloni, who is close to U.S. President Donald Trump, said established ties between Europe and the United States had to be preserved.
U.S. Treasury Secretary Scott Bessent walks to a television interview outside the White House in Washington on Friday. Bessent had indicated a possible delay in the activation of new reciprocal tariff rates on the United States' trading partners.
BUSINESS / Economy
Mar 19, 2025
Trump still intends for reciprocal tariffs to kick in on April 2
Treasury Secretary Scott Bessent had indicated a possible delay but the White House says trading partners would need to negotiate deals in advance to avoid new tariffs.
Shipping containers at a port in Long Beach, California. Higher tariffs will raise the cost of doing business in the U.S., raising the bar for Japanese companies to invest in America.
BUSINESS / Economy
Mar 18, 2025
Trump tariffs to raise bar to invest in the U.S., JETRO says
Higher tariffs will raise the cost of doing business in the U.S. with more expensive materials and products, said JETRO’s chair, Norihiko Ishiguro.
Officials from the state-run Alaska Gasline Development Corporation and development partner Glenfarne Group want to transport natural gas south from Alaska's remote north via a $44 billion 1,300-kilometer pipeline, to be shipped as liquefied natural gas to Japan, South Korea and Taiwan.
BUSINESS
Mar 18, 2025
Alaskan officials to seek investors in Japan as Trump touts LNG
Japanese energy firms have yet to commit, with cost being a focal point.
Bank of Japan headquarters building in February. In January, the BOJ voted to raise its short-term policy rate to 0.5% from 0.25%, taking it to the highest level since the 2008 financial crisis.
BUSINESS / Markets
Mar 17, 2025
Bank of Japan unlikely to raise rates this week as trade war intensifies
The central bank voted to raise its short-term policy rate to 0.5% from 0.25% in January, taking it to the highest level since the 2008 financial crisis.
Port City Brewing Company founder and President Bill Butcher adds bottle caps, which he imports from Mexico, into the bottle machine at his brewery in Alexandria, Virginia, on Thursday.
BUSINESS / FOCUS
Mar 16, 2025
'Impossible': U.S. breweries buffeted by Trump tariffs
From Canadian malted barley to aluminum beer cans, Trump's tariffs have hit multiple products that American craft breweries need.
Mark Carney, Canada's incoming prime minister (center), during a swearing-in ceremony at Rideau Hall in Ottawa on Friday. Carney has been sworn in as Canada's 24th prime minister, bringing the former central banker to power in the middle of an explosive trade war with the U.S.
WORLD / Politics
Mar 15, 2025
Canada has a new prime minister with a very hard first assignment
Mark Carney steps into his role as U.S. President Donald Trump sets his sights on Canada’s sovereignty and keeps threatening more tariffs.
U.S. President Donald Trump, flanked by Commerce Secretary Howard Lutnick, holds an executive order about a tariffs increase in the Oval Office of the White House in Washington on Feb. 13.
BUSINESS / Economy
Mar 15, 2025
U.S. commerce chief rules out auto tariff exemption for Japan
Commerce Secretary Howard Lutnick linked the 25% tariffs on car imports, set to begin on April 2, to cutting the U.S. trade deficit with Japan.
As ‘Buy Canadian’ grows, more U.S. firms say retailers turning away products
Empty shelves with "Buy Canadian Instead" signs are seen in the American Whiskey section of the BC Liquor in Vancouver, British Columbia, on March 10.
Japan, South Korea and China vow to strengthen trade ties amid looming U.S. tariffs
Economy, Trade and Industry Minister Yoji Muto (left), South Korean Trade Industry and Energy Minister Ahn Duk-geun (center) and Chinese Commerce Minister Wang Wentao during a trilateral meeting in Seoul on Sunday
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.
Nankai Trough earthquake could kill 298,000 people, government says
Residents participate in an evacuation drill held with West Japan Railway in Shirahama, Wakayama Prefecture, in January 2024 to prepare for a Nankai Trough earthquake and a possible tsunami following the quake.
Osaka Expo's Japan Pavilion completed
A ceremony is held to mark the completion of the Japan Pavilion at the World Expo in Osaka on Saturday.
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.
On defense, Japan may avoid Trump's worst impulses — for now
Defense Minister Gen Nakatani and U.S. Secretary of Defense Pete Hegseth chat after reviewing an honor guard during a welcome ceremony at the Defense Ministry in Tokyo on Sunday.
No longer a 'bridesmaid': Yuki Tsunoda prepares for the Red Bull pressure cooker
All eyes will be on Yuki Tsunoda as he makes his Red Bull debut at the Japanese Grand Prix this weekend.
Tokyo tech failures lean into misfortune, mistakes and missteps
Tsuyoshi Domoto in Tokyo's Shinjuku Ward on March 28. As an entrepreneur, Domoto experienced plenty of setbacks but maintains a positive attitude and continues to pursue his dreams.

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