Tag - trade

 
 

TRADE

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.
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.
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.
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.
Japan's exports rebounded in October, led by a pickup in chip equipment demand in China.
BUSINESS / Economy
Nov 20, 2024
Japan’s exports grow, helped by China even as global risks rise
Exports rose 3.1% from a year ago, led by strong growth in shipments of chip-making equipment, especially sales to China.
Chinese President Xi Jinping arrives for a bilateral meeting Peruvian President Dina Boluarte at the Government Palace in Lima on Nov. 14.
WORLD / Politics
Nov 20, 2024
Xi’s push for stable world of low tariffs undone by Trump and Putin
U.S. President-elect Donald Trump is threatening to put 60% tariffs on Chinese goods while China walks a tightrope regarding Russia’s invasion of Ukraine.
Japan’s megabanks have resumed trading activities with Nomura Holdings, people with knowledge of the matter said.
BUSINESS / Companies
Nov 18, 2024
Nomura's trading clients return after market manipulation probe
Many of the firms returned to Nomura after the brokerage explained measures it is taking to prevent a recurrence of the breach, sources said.
A screen displays trading information about the shares of Truth Social and Trump Media & Technology Group, outside the Nasdaq Market site in New York on March 26.
BUSINESS / Markets
Nov 18, 2024
Truth Social and late calls take over economists’ lives under Trump
The end goal for economists is to produce accurate forecasts to help traders, businesses and governments navigate the new chaotic world.
U.S. President Joe Biden meets with Chinese leader Xi Jinping on the sidelines of the Asia-Pacific Economic Cooperation forum in Lima on Saturday.
ASIA PACIFIC / Politics
Nov 17, 2024
Trump's shadow looms as Xi and Biden hold final meeting
The talks focused broadly on efforts by Washington and Beijing to ease the countries’ tense relationship.
Prime Minister Shigeru Ishiba with Chinese leader Xi Jinping on Friday during their meeting on the sidelines of the Asia-Pacific Economic Cooperation summit in Lima
JAPAN / Politics
Nov 17, 2024
Ishiba and Xi hold first in-person talks amid Japan-China tensions
The two countries' ties remain tense over a ban on Japanese seafood exports, China's military moves near Japan and the safety of Japanese nationals in China.
Rail trucks loaded with rocks containing uranium ore wait for transportation. Russia controls almost half the world’s capacity to separate the uranium isotopes needed for nuclear reactors
WORLD / Politics
Nov 17, 2024
Russia takes aim at U.S. nuclear power by throttling uranium
Moscow controls almost half the world’s capacity to separate the uranium isotopes needed in reactors.
U.S. President-elect Donald Trump attends a meeting with House Republicans at the Hyatt Regency hotel in Washington on Wednesday.
WORLD / Politics
Nov 16, 2024
G20 set to back climate goals and global trade in message to Trump
Group of 20 leaders meeting in Brazil next week are set to show unity on climate action and global trade rules.

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