Tag - trade

 
 

TRADE

Mexican President Claudia Sheinbaum delivers a speech during the inauguration of a family medicine unit in San Nicolas de los Garza, Nuevo Leon State, Mexico, on Saturday.
WORLD / Politics / FOCUS
Dec 1, 2024
Trump’s demand that Mexico stop migrants and drugs may never be met
Mexico's new leader must find ways to appease Trump while avoiding the perception that she easily bends to U.S. demands.
Canadian Prime Minister Justin Trudeau leaves the Delta Hotel on his way to meet U.S. President-elect Donald Trump at Mar-a-Lago, in West Palm Beach, Florida, on Friday.
WORLD / Politics
Nov 30, 2024
Canada’s Justin Trudeau holds crucial meeting with Trump in Florida
Trudeau was the first Group of Seven leader to have a face-to-face meeting with Trump since the U.S. election.
Then-U.S. President Donald Trump attends the Group of 20 summit in Osaka in June 2019.
EDITORIALS
Nov 29, 2024
Japan should prepare for tariff-loving Trump
U.S. President-elect Donald Trump's focus on tariffs as a core economic strategy could disrupt global trade.
Fentanyl pills found by officers from the Drug Enforcement Administration in New York on Oct. 4, 2022
WORLD / Politics
Nov 28, 2024
Trump places high-risk, high-reward bet on tariffs to stem fentanyl
The U.S. president-elect has vowed to impose tariffs on China and Mexico unless they stem the flow of fentanyl and migrants across the U.S. border.
Refining sources in Asia and analysts have said they expect to see more Canadian and Mexican oil heading to Asia if U.S. President-elect Donald Trump imposes planned tariffs.
BUSINESS / Markets
Nov 28, 2024
Asia likely to benefit from cheaper Canadian and Mexican oil if Trump imposes tariffs
Two sources familiar with Trump's plan say that oil would not be exempted from potential tariff hikes on imports from Canada and Mexico.
While the economic benefits of Nippon Steel's acquisition of U.S. Steel are clear, concerns remain about sustaining U.S. domestic steel production, preserving national security interests and addressing union concerns.
COMMENTARY / Japan
Nov 28, 2024
Nippon Steel endgame: Resistance or renaissance for the U.S. steel industry
The endgame for Nippon Steel’s bid for U.S. Steel appears near and the results could have a significant impact on U.S.-Japan relations, depending on the outcome.
A wafer on display at the Semicon China expo in Shanghai on March 20
WORLD / Politics
Nov 28, 2024
U.S. readies China chip curbs that stop short of earlier proposals
American chip equipment makers have warned that tougher measures would bring catastrophic harm to their business.
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.
U.S. President Donald Trump holds a bilateral meeting with then-Prime Minister Shinzo Abe on the sidelines of the United Nations General Assembly in New York in September 2019. Tokyo may be forced to balance its priorities in the U.S. alliance with its economic reliance on China.
COMMENTARY / Japan
Nov 27, 2024
Trump's return heralds a new era of trade tensions for Japan
Tokyo faces a balancing act: aligning with Washington's priorities while maintaining its critical economic ties to China.
Trucks wait near the Zaragoza-Ysleta border crossing bridge to cross into the U.S., in Ciudad Juarez, Mexico, on Monday.
WORLD / Politics
Nov 27, 2024
Trump tariffs would harm all involved, U.S. trade partners say
Officials warn a trade war could erupt and damage economies, and seek talks with Trump after his surprise announcement of hefty tariffs on Mexico, Canada and China.
Beijing’s long-standing line has been a commitment to keep the yuan "basically stable.” But U.S. President-elect Donald Trump’s return — and his threat of tariffs — may test that.
COMMENTARY
Nov 27, 2024
China will send a weaker yuan to the Trump front
Beijing’s long-standing line has been a commitment to keep the yuan "basically stable.” But Trump’s return with his tariff threats may test that.
Wall Street is rotating out of the chip sector, put off by stretched valuations and trade war-related risks under Donald Trump.
BUSINESS / Tech
Nov 27, 2024
Software is in, chips are out as traders position for Trump era
Software has been on an upswing given its lower exposure to tariff risks, and as the tailwind from AI looks set to shift from infrastructure to services.
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. Trump on Monday threatened to slap China, Mexico and Canada with hefty tariffs upon his return to the White House.
BUSINESS / Economy
Nov 26, 2024
Trump pledges 25% tariffs on Canada and Mexico, and more levies on China
The president-elect says he will sign executive orders to enforce the measures when he returns to the White House on Jan. 20.
Hong Kong's main financial district in October 2023. U.S. lawmakers say the city "has shifted from a trusted global financial center to a critical player in the deepening authoritarian axis” of China, Iran, Russia and North Korea.
ASIA PACIFIC / Crime & Legal
Nov 26, 2024
Hong Kong a ‘global leader’ in financial crime, U.S. lawmakers say
The city's shift from a trusted global financial center raises questions on whether longstanding U.S. policy toward it is appropriate, they say.
China is on track for a record trade surplus that could reach almost $1 trillion this year.
BUSINESS / Economy
Nov 25, 2024
Chinese exports to hit record this year before second Trump term
Exports already started off this quarter with the fastest growth since July 2022.
Workers install a battery for a new electric vehicle model at Mitsubishi Motor's factory in Kurashiki, Okayama Prefecture.
BUSINESS
Nov 23, 2024
Trump tariffs may target Japanese cars, economist says
The Moody's Analytics economist warned that this poses a huge risk to the Japanese economy.
Titan Cement's factory in the Mediterranean city of Alexandria, Egypt
ENVIRONMENT / Climate change
Nov 23, 2024
How big fossil-fuel-producing countries export emissions abroad
A loophole in the 2015 Paris accord has allowed countries to say they are making climate progress while also exporting fossil fuels at breakneck pace.
High-end wagyu products from Japan are sold at prices about 2.5 times those of U.S. and Australian wagyu, according to Japan's Agriculture and Livestock Industries Corp.
BUSINESS
Nov 23, 2024
JETRO draws up guidelines for wagyu labeling in U.S.
The move by JETRO comes as wagyu is not necessarily recognized as being of Japanese origin in the United States.
Owning dollars has been a winning strategy for Chinese companies. The currency has been kept strong by high U.S. rates and falling Chinese ones.
BUSINESS / Markets / ANALYSIS
Nov 22, 2024
Corporate China seeks dollars as trade tensions rise
Chinese firms are squirreling away dollars, pricing contracts in yuan and opening import lines to mitigate currency risks,
President Xi Jinping of China and President Donald Trump during a state visit in Beijing, Nov. 9, 2017
WORLD
Nov 21, 2024
Bracing for Trump tariffs, China's Xi makes diplomatic push at global summits
While better prepared for another Trump White House, China is also more vulnerable after its economy was hit by a huge property crisis.

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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