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April 04, 2025
 

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TARIFFS

MAGA hats adorn a row of monitors on the floor of the New York Stock Exchange.
BUSINESS / Markets
Mar 5, 2025
Day one of Trump’s trade war delivers wild ride for Wall Street
The S&P 500 index tumbled 2% shortly after the open Tuesday, wiping out its $3.4 trillion advance since Election Day on Nov. 5.
John Bozzella, president of the International Organisation of Motor Vehicle Manufacturers (OICA), president and CEO of the United States-based Alliance for Automotive Innovation (Auto Innovators), speaks at the Paris Automotive Summit during the 2024 Paris Auto Show on Oct. 15, 2024.
BUSINESS / Markets
Mar 5, 2025
Automakers warn that Trump tariffs will hike vehicle prices as much as 25%
Many in the industry warn that the tariffs will disrupt the integrated supply chain across North America that has been in place for more than 25 years.
Trucks wait in line to cross into the United States near the border customs control at the World Trade Bridge, in Nuevo Laredo, Mexico, last November.
BUSINESS / Economy
Mar 4, 2025
Trade wars intensify as U.S. tariffs on Canada, Mexico and China take force
Beijing condemned the move and swiftly retaliated, saying it would impose 10% and 15% levies on a range of agricultural imports from the United States.
U.S. President Donald Trump said Monday that if Japan and China try to weaken their currencies and put the United States "at a very unfair disadvantage," he could impose fresh tariffs on them.
BUSINESS / Economy
Mar 4, 2025
Trump, claiming Japan guiding yen lower, hints at fresh tariffs
Trump said that if Tokyo tries to weaken its currency and put the U.S. "at a very unfair disadvantage," he could unleash more measures.
A worker assembles electronic car keys at a manufacturing plant in Jalisco State, Mexico, on Feb. 20. The production of key fobs is an example of the benefits of the USMCA free trade agreement, which has simplified manufacturing and supply chains.
BUSINESS / Markets
Mar 3, 2025
The risks of Trump tariffs encapsulated in a car key
Electronic car keys are assembled in Mexico, but can cross borders in North America several times before being finished.
Maersk shipping containers are stored aboard the ‘Albert Maersk’ in Navi Mumbai, India, on Feb. 28.
BUSINESS / Markets
Mar 3, 2025
U.S. tariffs and easing of Middle East tensions threaten reversal of shipping boom
Global liner rates fell 5.9% sequentially in the week ended Feb. 27, after earlier breaking below $3,000 per 12-meter container for the first time since early May
Container cranes at the Port of Vancouver in Vancouver, British Columbia, on Friday
BUSINESS / Economy
Mar 3, 2025
Trump heads toward tariff barrage on Canada, Mexico and China
The long-promised tariffs scheduled to take effect Tuesday would easily be among the most sweeping of the Trump era, applying to roughly $1.5 trillion in annual imports.
Chinese President Xi Jinping
BUSINESS / Markets
Mar 3, 2025
Xi prepares to unveil China stimulus plan as trade war heats up
AI breakthroughs and Xi’s recent embrace of private entrepreneurs have driven a rally ahead of the National People’s Congress.
U.S. President Donald Trump’s brinkmanship puts North America back on the precipice of a trade war, which economists say would hurt U.S. growth, worsen inflation and possibly spark recessions in Mexico and Canada.
BUSINESS
Feb 28, 2025
Trump says Canada and Mexico tariffs to take effect, and adds new China duty
Trump said 25% tariffs on Canada and Mexico are on track to go into place on March 4, and said he would impose an additional 10% tax on Chinese imports.
U.S. President Donald Trump hosts his first cabinet meeting at the White House in Washington on Wednesday.
BUSINESS
Feb 27, 2025
Trump sows confusion on timing of tariffs for Canada and Mexico
Trump's comments on the timing of the tariffs prompted jumps in the value of the Canadian dollar and Mexican peso versus the greenback.
Both Canadian Prime Minister Justin Trudeau and Conservative Leader Pierre Poilievre have called for placing levies on the U.S. that are similar to those the U.S. places on Canada.
COMMENTARY / World
Feb 26, 2025
Something is rotten in Canada
So while Trump is right to say Canada’s trade surplus with the U.S. has grown, he’s wrong about why it has expanded.
Masanori Katayama (center), chairman of the Japan Automobile Manufacturers' Association, speaks during a meeting with trade and industry minister Yoji Muto at the ministry on Tuesday.
BUSINESS / Companies
Feb 26, 2025
Japanese auto industry seeks government help against U.S. tariffs
U.S. President Donald Trump said last week he wants to impose 25% tariffs on imports of autos as soon as April 2.
Busan port, southeast of Seoul. Business leaders in South Korea are taking action to offset the threat posed by U.S. President Donald Trump's aggressive trade policies.
BUSINESS / Companies / ANALYSIS
Feb 25, 2025
South Korea political turmoil pushes companies to take tariff matters into their own hands
Trump's sweeping and sometimes indiscriminate trade measures have sparked existential debate in many international capitals.
Visitors take pictures of wafer samples at the Intel booth during Computex 2024 in Taipei on June 4, 2024. U.S. President Donald Trump's threat of tariffs on semiconductor chips has complicated Taiwan's bid to remain a global powerhouse in the critical sector and stay onside with key backer Washington, analysts said.
BUSINESS / Tech
Feb 25, 2025
Trump's chip tariff threats raise stakes for Taiwan
Taiwan produces more than half of the world's chips and nearly all of the most advanced ones, making the island essential to global supply chains.
U.S. President Donald Trump has in recent days rolled out a memorandum telling a key government committee to curb Chinese spending on tech, energy and other strategic American sectors.
BUSINESS / Economy
Feb 24, 2025
Trump targets China with biggest salvo so far in second term
In recent days, U.S. President Donald Trump has rolled out a memorandum telling a key government committee to curb Chinese spending on tech, energy and other strategic sectors.
Goods are transported through a business district in Dongguan, in China’s southern Guangdong province.
BUSINESS / Economy / FOCUS
Feb 24, 2025
Trump tariffs shake up China's factory heartland
The U.S. president has targeted friend and foe alike since taking office a month ago, notably slapping additional 10% duties on products imported from China.
An electric vehicle factory in Rayong, Thailand. Asian countries are among the most vulnerable to President Donald Trump's economic grievances — but also well-placed to make deals to minimize their exposure.
BUSINESS / Markets
Feb 22, 2025
How Trump’s tariffs could reorder Asia trade and exclude the U.S.
Asian countries are among the most vulnerable to Trump's economic grievances — but also well-placed to make deals to minimize their exposure.
Chief Cabinet Secretary Yoshimasa Hayashi said on Wednesday that the Japanese government has raised the issue of auto tariffs with the U.S. government, given the importance of Japan’s automobile industry.
BUSINESS / Economy
Feb 19, 2025
Japan raises auto tariff issue with U.S. as Trump threatens hike
The U.S. president's threat to impose a 25% levy on car imports would likely deliver a big blow to Japan’s economy.
After U.S. President Donald Trump said he plans to impose tariffs of 25% on automobile imports to the United States, Japanese automakers are cautiously looking for ways to handle the situation.
BUSINESS / Companies
Feb 19, 2025
Major Japanese automakers wary of Trump tariffs
The U.S. president says he plans to impose tariffs of 25% on automobile imports to the U.S., though he has not said which countries would be subject to them.
Vehicles bound for shipment at a port in Yokohama. Japan's auto exports to the United States surged 21.8% in January as U.S. President Donald Trump's tariff threats continued to mount.
BUSINESS / Economy
Feb 19, 2025
Japan’s exports rise again ahead of Trump’s tariff measures
Exports measured by value increased 7.2% from a year earlier, led by shipments of cars and ships.
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.
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.
Trump unveils 10% global tariff, with Japan levy set at 24%
Trump tosses a MAGA hat to the crowd during an event in which he unveiled new tariffs in the White House on Wednesday.
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.
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.
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.

Podcast

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By Johan Brooks

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