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April 03, 2025
 

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TRADE

Chief Cabinet Secretary Yoshimasa Hayashi during a news conference at the Prime Minister's Office on Wednesday
BUSINESS
Mar 12, 2025
Lack of exemption from U.S. steel tariffs 'regrettable,' says Japan
Top government spokesman Yoshimasa Hayashi said the two nations would continue to discuss details of the duties, which came into force at midnight U.S. time.
White House Press Secretary Karoline Leavitt holds up a piece of paper with information about tariff rates at the White House on Tuesday.
JAPAN
Mar 12, 2025
The U.S. says Japan has a 700% tariff on American rice. Is that the case?
White House Press Secretary Karoline Leavitt's accusation describes only a small portion of U.S. rice imported by Japan.
Coils of rolled steel sit in an industrial yard in Hamilton, Ontario, Canada
BUSINESS / Markets
Mar 12, 2025
U.S.-Canada trade war heats up as Trump doubles metals tariffs, then backs off
The switch came after a Canadian official also backed off his own plans for a 25% surcharge on electricity.
A man walks past an electronic board showing the Nikkei 225 index on the Tokyo Stock Exchange along a street in the capital on Tuesday.
BUSINESS / Markets
Mar 11, 2025
Asian stocks slide as U.S. growth worries grip markets
In Asia, stocks were battered across the board with Japan's Nikkei and Taiwan stocks hitting their lowest levels since September.
Trade minister Yoji Muto says his talks in Washington with U.S. officials didn’t result in any confirmation to exclude Tokyo from upcoming tariff measures.
BUSINESS / Economy
Mar 11, 2025
Japan's trade minister fails to win tariff exemption assurance from U.S.
New duties on car imports would deal a direct blow to the economy of Japan, which is already bracing for an indirect impact from tariffs the U.S. is imposing on other nations.
A trader works on the floor of the New York Stock Exchange at the opening bell in New York on Monday, when stocks plummeted as investors fretted that uncertainty over President Donald Trump's tariff policy could tip the world's biggest economy into a recession.
BUSINESS / Markets
Mar 11, 2025
Markets rocked by Trump show economic fear across Wall Street
What had been a steady pullback from the U.S. stock market accelerated sharply Monday as investors retreated from virtually every type of risk.
Boxes of imported pork from the U.S. at a cold storage warehouse in Shanghai
BUSINESS / Economy
Mar 10, 2025
China deploys food as a high-impact, low-cost weapon in tariff fight
China’s willingness to use food as a countermeasure against the U.S. underscores the impact of a slowing economy on demand.
Japan logged a deficit of ¥257.6 billion in the current account, a measure of trade and investment flows, compared with a surplus of ¥334.3 billion a year before, according to the Finance Ministry.
BUSINESS / Economy
Mar 10, 2025
Japan logs its first current account deficit in two years in January
The nation logged a deficit of ¥257.6 billion in the current account compared with a surplus of ¥334.3 billion a year before.
Hong Kong’s growth outlook was cut by economists for the last two quarters of the year.
BUSINESS / Markets
Mar 10, 2025
Singapore and Hong Kong face growth risks over U.S. tariff war with China
Singapore and Hong Kong are among the most exposed to China’s economy via commodity and trade links.
U.S. President Donald Trump speaks to reporters as White House Press Secretary Karoline Leavitt stands with him aboard Air Force One on his return to Washington on Sunday.
BUSINESS / Economy
Mar 10, 2025
Trump declines to rule out recession in U.S. this year
The U.S. president's on-again, off-again tariff threats have roiled financial markets and stoked unease among consumers.
Former Bank of Canada and Bank of England governor Mark Carney speaks after he won the race to become leader of Canada's ruling Liberal Party and will succeed Justin Trudeau as Prime Minister, in Ottawa on Sunday.
WORLD / Politics
Mar 10, 2025
Mark Carney wins Canada Liberal contest and will succeed Trudeau in days
Carney takes the reins at a time when the White House is creating upheaval in the global economy — and with U.S. trading partners — with increasingly chaotic tariff announcements.
Trade tensions between the U.S. and China are set to escalate Monday as Beijing imposes tariffs on U.S. agricultural goods in response to President Trump's latest tariff hike.
WORLD
Mar 9, 2025
China-U.S. trade war heats up with Beijing's tariffs to take effect
Analysts say Beijing's retaliatory tariffs are designed to hurt Trump's voter base while remaining restrained enough to allow room to hash out a trade deal.
Iran's Russian-built Bushehr nuclear power plant in the south of the country
WORLD
Mar 9, 2025
Trump administration ends Iraq's waiver to buy Iranian electricity
Trump restored "maximum pressure" on Iran in one of his first acts after returning to office in January.
A man is silhouetted beneath a screen displaying Japan's Nikkei share average in Tokyo on Tuesday.
BUSINESS / Markets
Mar 8, 2025
Japanese stocks expected to remain on downward trend amid tariff turmoil
Uncertainties over U.S. President Donald Trump's tariffs this week pushed the Nikkei 225 index below 37,000 for the first time in six months.
Trade Minister Yoji Muto speaks during a meeting with steel and aluminum company executives on Feb. 25.
BUSINESS / Economy
Mar 8, 2025
Japan to send trade minister Muto to U.S. amid tariff tensions
The visit is set to take place from March 9 to March 11, just before the extra levies on steel and aluminum are expected to kick in on March 12.
U.S. President Donald Trump speaks from the Oval Office of the White House in Washington on Friday. Trump said tariffs could be imposed on Canadian dairy and lumber products within days, in a growing trade war with the United States' northern neighbor.
BUSINESS / Economy / FOCUS
Mar 8, 2025
Trump’s on-again, off-again tariff strategy sows confusion
Hasty announcements have injected chaos into the economy and financial markets, casting doubts about the White House’s trade strategy.
British Secretary of State for Business Jonathan Reynolds, British Foreign Secretary David Lammy, Japanese Foreign Minister Takeshi Iwaya, and trade minister Yoji Muto shake hands after a joint news announcement after their economic "two-plus-two" ministers' meeting at the Iikura Guesthouse on Friday in Tokyo.
JAPAN / Politics
Mar 8, 2025
Japan and Britain stress free trade in Tokyo talks
The comments followed Japan and Britain's first "two-plus-two" talks between the country's trade and foreign ministers.
Balboa Port, operated by Panama Ports Company, at the Panama Canal. Conglomerate CK Hutchison, controlled by Hong Kong billionaire Li Ka-shing, has agreed to sell its ports network, including assets along the Panama Canal, to a U.S. consortium led by BlackRock.
ASIA PACIFIC / Politics / ANALYSIS
Mar 7, 2025
As Trump hails taking back of Panama Canal, Hong Kong Inc. walks tightrope
Firms in the former British colony are increasingly under pressure to shake off any connection with China amid tensions between Beijing and Washington.
U.S. President Donald Trump and Canadian Prime Minister Justin Trudeau in December 2019
BUSINESS / Economy
Mar 7, 2025
'Psychodrama' tariff negotiations frustrate Mexico and Canada
The on-again, off-again tariffs and the high-level discussions surrounding them have exasperated negotiating teams, sources say.
U.S. President Donald Trump is exempting automakers from newly imposed tariffs on Mexico and Canada for one month, the White House said Wednesday, as a temporary reprieve following pleas from industry leaders.
BUSINESS / Economy
Mar 6, 2025
Trump’s tariff pause cheered globally and watched closely in Tokyo
The U.S. president is delaying 25% tariffs on cars from Mexico and Canada and might consider carve-outs for agricultural imports from those countries.
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.
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.
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.
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
The U.S. says Japan has a 700% tariff on American rice. Is that the case?
White House Press Secretary Karoline Leavitt holds up a piece of paper with information about tariff rates at the White House on Tuesday.
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.

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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