Tag - trade

 
 

TRADE

Republican presidential candidate and former U.S. President Donald Trump at his Mar-a-Lago property in Palm Beach, Florida, on Tuesday
BUSINESS / Companies
Mar 7, 2024
Possible Trump return causing concern for Japanese firms
Trump has already said that he would impose a 10% tariff on all imported products.
A chip taken from a smartphone. The U.S. is urging the Netherlands to stop ASML from servicing and repairing sensitive chipmaking equipment that Chinese clients purchased before limits on sales of those devices were put into place this year.
WORLD / Politics
Mar 7, 2024
U.S. urges allies to squeeze China further on chip technology
Washington's latest push is partly aimed at plugging holes in export controls it has levied over the past two years.
Prime Minister Fumio Kishida, speaking at an Upper House budget committee session on Tuesday, said that if Japan is unable to sell the new fighter to other countries, the joint project’s success could be undermined.
JAPAN / Politics
Mar 6, 2024
Fighter exports crucial for ‘favorable security environment’: Kishida
The prime minister is seeking the backing of Komeito to revise export rules for fighter jets that Tokyo is seeking to build with Britain and Italy.
The logo of semiconductor company Advanced Micro Devices is seen on a graphics processing unit chip in this illustration
BUSINESS / Tech
Mar 5, 2024
AMD hits U.S. roadblock in selling AI chip tailored for China
AMD had hoped to gain a green light from the Commerce Department to sell the AI processor to Chinese customers.
Six months have passed since Japan started releasing treated water from the Fukushima No. 1 nuclear power plant into the Pacific Ocean.
JAPAN / Politics / FOCUS
Mar 4, 2024
Fukushima water release still vexing China-Japan ties
China-bound exports of Japanese fishery products in 2023 plunged by some 30% from the previous year in value terms.
The assembly line at a production facility for Nio, a maker of electric cars, in Hefei, China, on Dec. 4. U.S. President Joe Biden has ordered an investigation into auto software that could track U.S. drivers, part of a broader effort to stop electric vehicle imports from China.
BUSINESS / Tech / ANALYSIS
Mar 2, 2024
The politics and economics behind Biden's China car espionage probe
The U.S. leader's saber-rattling as another opportunity to demonstrate he is tough on China, experts say.
There is a global trend toward economic bifurcation with the U.S. and China leading the charge — and multinational solutions are needed to address the new challenges.
COMMENTARY
Feb 28, 2024
The inexorable movement toward a divided global economy
Efforts to protect national economies from threats require multinational solutions. Chains are only as strong as their weakest link.
Director-General of the World Trade Organization (WTO) Ngozi Okonjo-Iweala addresses the 13th WTO Ministerial Conference in Abu Dhabi on Monday.
BUSINESS / Markets
Feb 26, 2024
WTO seeks modest outcome in UAE at 'critical juncture' for global trade
The stated goals is to set new global commerce rules, but even its ambitious chief Ngozi Okonjo-Iweala sought to curb expectations.
U.S. President Joe Biden announces new provisions in March 2022 requiring the government to buy more made-in-America goods.
COMMENTARY / World
Feb 26, 2024
Biden doesn’t get why we need the WTO
What do Biden and Trump have in common? Protectionism. As a result, the 13th WTO ministerial conference underway in Abu Dhabi is doomed to fail.
The Nautica, a replacement oil tanker for the decaying FSO Safer, arrives in the Red Sea port of Hodeidah, Yemen, in July last year.
BUSINESS
Feb 25, 2024
Shortage of oil tankers at hand as Red Sea attacks divert trade
Only two new supertankers join the fleet in 2024 — the fewest additions in almost four decades.
U.S. President Joe Biden speaks to the media about sanctions against Russia, following his meeting with late Russian opposition leader Alexei Navalny’s widow and daughter in San Francisco on Thursday.
WORLD / Politics
Feb 24, 2024
U.S. targets Russia with hundreds of sanctions over Ukraine war and Navalny death
The measures targeted Russia's Mir payment system, financial institutions and its military industrial base, as well as other areas.
For all of U.S. President Joe Biden’s talk about the sanctions, his team is still unwilling to go after revenue streams that experts argue would really cripple Russia’s economy, for fear of setting off broad shocks that could rebound on the U.S. economy.
WORLD / Politics / FOCUS
Feb 24, 2024
U.S. sidesteps riskiest sanctions in latest move against Russia
The U.S. is concerned that the toughest measures left in Washington's arsenal risk roiling the global economy.
Members of the 31st Separate Mechanized Brigade fire at a Russian target in the Donetsk region of eastern Ukraine on Tuesday. Since Russia's invasion of Ukraine in February 2022, the United States and China and their allies are pulling apart, World Trade Organization economists say.
BUSINESS / Economy / ANALYSIS
Feb 23, 2024
Global trade rift widening as Ukraine war passes two-year mark
There are clear signs that the global economy is fragmenting into two separate blocs, World Trade Organization economists say.
Laws governing global e-commerce and the growing tidal wave of data that crosses borders may soon change.
BUSINESS / Companies
Feb 22, 2024
Streaming a movie abroad may soon come with taxes at the border
It's still unclear exactly how governments would implement digital tariffs.
TikTok parent company ByteDance's offices in Singapore. Chinese companies are increasingly using the city-state as a springboard into the U.S. market.
COMMENTARY / World
Feb 22, 2024
'Singapore-washing' and China’s sneaky trade practices
Chinese firms are using Singapore as a springboard into the U.S., circumventing restrictions. The island nation shouldn't enable these deceptive tactics.
The Huawei Mate 60 Pro, launched in August 2023 and powered by a sophisticated chip, was seen as a symbol of the China's technological resurgence despite Washington's ongoing efforts to cripple its capacity to produce advanced semiconductors.
BUSINESS / Tech
Feb 22, 2024
U.S. targets China chipmaking plant after Huawei Mate 60 Pro
The Biden administration seeks to cut off China's most advanced factory from more American imports after it produced a sophisticated chip for the phone.
Chinese Foreign Minister Wang Yi speaks on the second day of the Munich Security Conference on Saturday.
ASIA PACIFIC / Politics
Feb 21, 2024
China-Europe ties worsen on Ukraine and disputes over trade
Beijing’s support for Russia has been a sticking point in relations with Europe.
A Houthi military helicopter prepares to land on the Galaxy Leader cargo ship in the Red Sea in November.
COMMENTARY / World
Feb 21, 2024
Why Beijing won’t fight the Houthis
Whether they target Chinese vessels directly or not, attacks on Red Sea shipping by Houthi rebels threaten to undermine China’s economic recovery.
The Japan Pavillion is seen at the Singapore Airshow on Wednesday.
BUSINESS / FOCUS
Feb 21, 2024
At top airshow, Japanese firms explore defense export opportunities
They are offering a diverse and sophisticated range of products following a revision of guidelines on defense equipment and technology transfer.
Japan's exports rose to a record high in January, lifted by robust shipments of cars and chipmaking equipment, marking the second straight month of growth despite concerns about slowing global demand.
BUSINESS / Economy
Feb 21, 2024
Export growth beats forecasts, adding to momentum for BOJ policy shift
Gains in exports are a positive sign after the economy unexpectedly fell into recession in the last quarter of 2023 due to stagnant domestic spending.

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Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?