Tag - trade

 
 

TRADE

Houthi supporters hold a rally in Sanaa, Yemen, on Friday. A coordinated international military effort is needed to exploit Iran's weakened influence and neutralize the Houthi threat in Yemen.
COMMENTARY / World
Dec 16, 2024
The next Iranian proxy to target is the Houthis
A coordinated international military effort is needed to neutralize the Houthi threat in Yemen, which disrupts global shipping and exploits Iran's weakened influence.
An electric vehicle charging station in Baker, California. The Inflation Reduction Act has spurred investment in EVs and other green technologies across the U.S. and President-elect Donald Trump should continue Joe Biden's climate-related industrial policy.
COMMENTARY / World
Dec 16, 2024
Green tech and U.S.-China rivalry: Two sides of the same coin
The incoming president should improve, not undo, Biden's industrial policies, which have boosted investment in green technologies, a key economic battleground.
U.K. Ambassador to Japan Julia Longbottom holds a news conference on Friday in Tokyo ahead of Britain's entry into the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.
BUSINESS
Dec 15, 2024
Britain joins trans-Pacific pact in biggest post-Brexit trade deal
The accession means Britain will be able to apply CPTPP trade rules and lower tariffs with eight of the 11 existing members.
Containers at the Yangshan deepwater port in Shanghai earlier this year. A new trade war with the U.S. would still hurt China more as Washington can levy ever-larger import duties on its goods and further rip the Asian giant from its supply chains, analysts say.
BUSINESS / Economy
Dec 13, 2024
China eyes negotiations as Trump threatens new tariffs
Beijing is seeking to amass bargaining chips to kick off talks with a new U.S. administration on contentious aspects of its ties with Washington.
Akihisa Nagashima, national security adviser to Prime Minister Shigeru Ishiba, speaks during an interview in Tokyo on Thursday.
JAPAN / Politics
Dec 13, 2024
Japan must brace and prepare for Trump tariffs, top adviser says
"Japan must be prepared for Trump following through on his plans,” says Prime Minister Ishiba's national security adviser Akihisa Nagashima.
U.S. President-elect Donald Trump on the floor of the New York Stock Exchange as he takes part in the Wall Street bell ringing in Manhattan, on Thursday
BUSINESS / Economy
Dec 13, 2024
No winners seen in Trump’s ‘destructive’ energy tariffs
Tariffs threaten to be particularly troublesome for a North American energy industry that has been tightly integrated for decades and already favors U.S. interests.
A Toyota production line in New Jersey. The U.S. is a key market for Japanese automakers, who are closely monitoring policy changes in Washington as the incoming Trump administration is likely to change the course set by President Joe Biden.
COMMENTARY / Japan / Geoeconomic Briefing
Dec 12, 2024
Japan’s auto industry looks down the road to Trump presidency
Of the cars sold in the U.S., 40% are from Japanese makers, who are determined to hold onto this market share despite Washington's policy vagaries in the auto field.
A production line at Mazda's plant in Salamanca, Guanajuato state, Mexico
BUSINESS / Companies
Dec 12, 2024
Mazda’s Mexico investment to hinge on Trump’s tariff decisions
Mazda joins a growing number of auto firms that have either paused or signaled they may reconsider plans in the country.
Izumi Kobayashi, director of Mizuho Financial, Omron and ANA, speaks during the Reuters Next conference in New York on Tuesday.
BUSINESS
Dec 11, 2024
Mizuho director says companies should not overreact to Trump's tariff threats
It would be difficult for companies to withdraw from China given its mammoth size, said Izumi Kobayashi.
Possible new sanctions on Russian oil highlight how Biden’s team is more willing to take risks in confronting Russia as it prepares to depart.
WORLD / Politics
Dec 11, 2024
U.S. mulls new Russia oil sanctions to weaken Putin ahead of Trump
The European Union is planning similar measures on Russia’s shadow fleet before the end of the year.
The French headquarters of Huawei Technologies in Boulogne-Billancourt near Paris in 2020. Companies that maintain business ties with Huawei could lose access to work for the Pentagon, which committed nearly $460 billion on contracts in fiscal 2023.
BUSINESS / Tech
Dec 10, 2024
Huawei suppliers to face further U.S. limits under defense bill
The bill's language effectively bars Pentagon contractors from selling chips and the equipment for making or designing them to Huawei or its affiliates.
Japan's current account surplus declined 13% in October from a year earlier to ¥2.46 trillion.
BUSINESS / Economy
Dec 9, 2024
Japan's current account surplus declined 13% in October
The country's trade deficit decreased to ¥155.7 billion from the year-before level of ¥487.4 billion.
Masato Kanda, former vice finance minister for international affairs, will start his role as Asian Development Bank's president in February.
BUSINESS / Economy
Dec 6, 2024
Incoming ADB chief Kanda keeping eye on U.S. policy as Trump return looms
Any changes in tariffs, taxes and immigration restrictions in the U.S. could have a major impact on Japan and other Asian economies, he notes.
The United States was Japan’s biggest export destination in 2023 with cars and auto parts making up a third of shipments.
JAPAN / Politics
Dec 6, 2024
Japan eyes talks with Trump that include cutting auto tariffs
Analysts say close personal ties between Trump and late Prime Minister Shinzo Abe played a role in smoothing out trade and diplomatic relations.
Mitsubishi has dismissed Gong Huayong, a Shanghai-based copper trader at one of its China units, after finding that he had made unauthorized trades with local companies, including some that were related to him.
BUSINESS / Companies
Dec 4, 2024
Mitsubishi loses $90 million in suspected China metal fraud
The company has dismissed a Shanghai-based copper trader after finding that he had made unauthorized trades with local companies.
The Internet Society of China has urged domestic companies to think carefully before procuring chips from the U.S.
WORLD / Politics
Dec 4, 2024
U.S. chips 'no longer safe,' Chinese industry bodies say in latest salvo
Their advice could affect U.S. chipmaking giants like Nvidia, AMD and Intel, which have managed to keep selling products in China despite export controls.
Beijing has banned the export of gallium, germanium and antimony to the U.S.
WORLD / Politics
Dec 4, 2024
China dials up U.S. trade tension with tit-for-tat metals export ban
The targeted metals are used in everything from semiconductors to satellites and night-vision goggles.
Teck Resources signage during the Prospectors & Developers Association of Canada conference in Toronto, Canada, on March 2, 2020
WORLD / Politics
Dec 4, 2024
Canada mining group uses China ban to push back on Trump's tariffs
Trade tensions with the U.S. are escalating after President-elect Donald Trump threatened to slap 25% tariffs on all goods coming from Canada and Mexico.
The goal of the administration of U.S. President Joe Biden, building on years of evolving trade restrictions, is to slow China’s domestic development of advanced semiconductors and artificial intelligence systems that may help its military.
BUSINESS / Tech
Dec 3, 2024
U.S. tightens curbs on China’s access to AI memory and chip tools
The new measures included exemptions for key allies such as Japan and the Netherlands.
Under new U.S. rules, chipmaking equipment made in Malaysia, Singapore, Israel, Taiwan and South Korea will be subject to curbs on exports to China, while the Netherlands and Japan will be exempt.
BUSINESS / Tech
Dec 2, 2024
Latest U.S. strike on China's chips hits semiconductor toolmakers
Equipment made in Malaysia, Singapore, Israel, Taiwan and South Korea will be subject to curbs on exports to China, while the Netherlands and Japan will be exempt.

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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