Tag - trade

 
 

TRADE

In digital trade, Japan's imports have been rising faster than its exports, amid the dominance of global information technology giants such as Microsoft and Google.
BUSINESS / Economy
Feb 11, 2025
Japan's trade deficit for digital services rose to record ¥6.6 trillion in 2024
Japan's digital trade deficit is expected to reach ¥10 trillion in 2030, roughly equivalent to its crude oil imports in 2024.
U.S. President Donald Trump and Chinese leader Xi Jinping hold a bilateral meeting during the Group of 20 leaders summit in Osaka in June 2019.
COMMENTARY / World
Feb 11, 2025
Trump’s initial moves will benefit China
And while Trump has claimed that his policies will strengthen America, in reality, thus far, the biggest winner of many of his actions has actually been China.
U.S. President Donald Trump holds a signed executive order on tariffs on aluminum imports in Washington on Monday.
BUSINESS / Economy
Feb 11, 2025
Trump sets 25% tariffs on steel and aluminum, heightening trade war
The move would fulfill what the most extreme trade protectionists have sought for years.
U.S. President Donald Trump welcomes Prime Minister Shigeru Ishiba to the White House in Washington on Friday.
JAPAN / Politics / ANALYSIS
Feb 10, 2025
Ishiba builds inroads with Trump, but challenges still loom
Ishiba won praise for his deft handling of Trump, squelching critics’ predictions that the president would walk all over the bookish Japanese leader.
Japan's current account surplus grew 29.5% year on year in 2024, the Finance Ministry said.
BUSINESS / Economy
Feb 10, 2025
Japan's current account surplus hits record high in 2024
The surplus grew 29.5% from 2023 to ¥29.26 trillion ($193 billion) last year, the Finance Ministry said in a preliminary report.
Investors believe the amicable atmosphere of the first summit between Prime Minister Shigeru Ishiba and U.S. President Donald Trump on Friday has the potential to help support Japanese stocks in the medium term.
BUSINESS / Markets
Feb 10, 2025
Japan markets wobble as Trump talks of new steel tariffs for 'everyone'
The U.S. president's talk of reciprocal tariffs for "everyone” has provided a reminder of the risks that face America’s trading partners.
Trucks cross the Ambassador Bridge between Detroit and Windsor, Ontario, in Canada in the early morning hours of Feb. 1.
WORLD / Politics
Feb 10, 2025
Betrayed: How Trump’s tariff threats tore the U.S.-Canada bond
Donald Trump’s menacing rhetoric seems to have fractured the fraternal trust that has been the core of the relationship between the U.S. and Canada.
A worker welds at a steel manufacturing facility in Mexico City on Thursday.
BUSINESS / Economy
Feb 10, 2025
Trump to announce 25% steel and aluminum tariffs in latest escalation
Trump, speaking to reporters on Air Force One on his way to the Super Bowl in New Orleans, said he will announce the new metals tariffs on Monday.
Prime Minister Shigeru Ishiba and U.S. President Donald Trump hold a joint news conference in the East Room of the White House in Washington on Saturday.
JAPAN / Politics
Feb 9, 2025
Ishiba says Trump didn't push defense spending hike or discuss tariffs
Ishiba also echoed Trump's pledge to help mediate a move by Japan’s Nippon Steel to invest in U.S. Steel rather than purchasing the American company.
Prime Minister Shigeru Ishiba's visit to the U.S. for talks with Donald Trump yielded moderate success, highlighting the strategic focus of the American presidents second administration.
COMMENTARY / Japan
Feb 9, 2025
So far, so good for Ishiba — at least for now
It's safe to say, Ishiba’s visit to the U.S. went well. But we mustn't become complacent.
Yellowtail is unloaded in Himi, Toyama Prefecture. Japan is looking to expand yellowtail exports to the United States, with China's blanket ban on Japanese fishery products still in place.
BUSINESS / Economy
Feb 9, 2025
JETRO to support yellowtail exports to U.S.
JETRO hopes to help expand sales channels for the fish in the United States, where Japanese cuisine has become popular amid an increase in health conscious consumers.
Prime Minister Shigeru Ishiba shakes hands with U.S. President Donald Trump at the White House in Washington on Friday.
JAPAN / Politics
Feb 8, 2025
Trump targets U.S. trade deficit in first meeting with Ishiba
The two leaders pledged to pursue a "new golden age" of U.S.-Japan relations — though Ishiba did get an earful about America's trade deficit with its ally.
U.S. President Donald Trump speaks during a meeting with Prime Minister Shigeru Ishiba in the Oval Office of the White House in Washington on Friday.
BUSINESS / Economy
Feb 8, 2025
Trump says he will announce reciprocal tariffs on many countries next week
Trump did not identify which countries would be hit but suggested it would be a broad effort that could also help solve U.S. budget problems.
Prime Minister Shigeru Ishiba's meeting with U.S. President Donald Trump will likely aim at maintaining the status quo, avoid new trade issues and ensure Japan isn’t targeted by tariffs.
COMMENTARY / Japan
Feb 7, 2025
A new golden age for U.S.-Japan? I don’t think so.
Ishiba won’t be looking for any great breakthrough, a dramatic defense re-posturing, or support for any of his long-held foreign policy goals
Singapore is positioning itself as a key player in the effort to diversify supply chains away from China, leveraging its proximity to Malaysia’s Johor state.
COMMENTARY
Feb 7, 2025
Singapore finds its seat at the China+1 table
Singapore is positioning itself as a key player in the effort to diversify supply chains away from China.
People line up outside an Apple store in Beijing.
BUSINESS / Companies
Feb 7, 2025
Apple’s China focus thrusts it into center of geopolitical fight
It counts China as its biggest manufacturing hub and the U.S. as its largest market, putting it at the center of an escalating geopolitical fight.
Prime Minister Shigeru Ishiba and U.S. President Donald Trump
JAPAN / Politics / FOCUS
Feb 6, 2025
With Ishiba-Trump meet, Tokyo hopes to keep ties on even keel
Tokyo has been scrambling for ways to placate the U.S. leader, and head off any dust-up between the allies during Friday’s meeting.
A cargo ship full of shipping containers at the port of Oakland in Oakland, California, as trade tensions escalate over U.S. tariffs on Monday.
BUSINESS / Economy
Feb 6, 2025
Economists brace for Trump's new trade war to rekindle inflation worldwide
Stubborn growth in consumer prices was bothering much of the world even before U.S. President Donald Trump entered the White House.
Ditching the U.S.' normal trade relations designation for China could lead to an automatic jump in levies, at rates that could far exceed what Trump has so far slapped on China.
BUSINESS / Economy / ANALYSIS
Feb 6, 2025
Trump's China focus increases odds of end to special trading status
The Permanent Normal Trade Relations designation was was extended to China in 2000.
China, under President Xi Jinping, is resisting Donald Trump’s trade tariffs, but may need to respond with major fiscal stimulus, currency devaluation or allowing TikTok’s sale to navigate economic challenges.
COMMENTARY / World
Feb 5, 2025
China’s Mr. Big Won’t Cave in to Trump for Nothing
Does Xi Jinping have a trade war game plan? He’ll need to make hard choices.

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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