Tag - trade

 
 

TRADE

A worker at the Ford F-150 Lightning plant in Dearborn, Michigan in April last year. New government rules will try to shift more production of electric vehicle batteries and the materials that power them to the United States.
BUSINESS
Dec 2, 2023
U.S. sets limits on Chinese content to receive EV tax credits
The guidelines establish a 25% ownership threshold for a company or group to be classified as a foreign entity of concern.
A Walmart worker organizes products for the Christmas season in 2016.
BUSINESS / Companies
Nov 30, 2023
Walmart shifts to India and reduces imports from China
The shift shows how the rising cost of importing from China and escalating political tensions are pushing U.S. firms to import more from other countries.
The Galaxy Leader cargo ship is escorted by Houthi boats in the Red Sea in this photo released on Nov. 20.
WORLD / Crime & Legal
Nov 30, 2023
Red Sea attacks on ships spark safety concerns for sailors
Commercial ships face increasing dangers after armed groups have attacked and seized vessels in waters around the Red Sea and off the coast of Yemen.
A man walks through the Central Business District on a rainy day, in Beijing.
BUSINESS / Economy
Nov 28, 2023
West's de-risking starts to bite China's prospects
China is outwardly confident about growth despite a global economic slowdown
Canadian Prime Minister Justin Trudeau speaks during a news conference at May’s Group of Seven summit in Hiroshima.
COMMENTARY / Japan
Nov 28, 2023
Canada's path to pragmatic Indo-Pacific engagement
As part of Canada’s Indo-Pacific pivot, we have already seen its relations and cooperation with Japan deepen.
The best season for Australian mangoes is from November to February, different from that of rival producers in the opposite hemisphere.
BUSINESS
Nov 27, 2023
Australia keen to boost mango exports to Japan after curbs eased
The Australian mango season is different to that of rival producers in the opposite hemisphere.
A Houthi military helicopter flies over the Galaxy Leader cargo ship in the Red Sea in this photo released Monday.
WORLD / Politics / EXPLAINER
Nov 22, 2023
Houthi ship hijacking stokes fears of escalating Israel-Hamas war
The group warned they would continue to target vessels linked to Israelis until the end of the military campaign against Hamas militants in Gaza.
The Ministry of Economy, Trade and Industry has been meeting with Japanese buyers, as well as overseas suppliers, to urge the signing of more long-term LNG contracts.
BUSINESS / Companies
Nov 21, 2023
Japan urges LNG buyers to sign long-term deals for fuel security
The push is meant to insulate Japan from future supply shocks, as well as potentially harsher sanctions against Russian fuel exports.
South Korean President Yoon Suk-yeol waves as he and his wife, Kim Keon-hee, arrive in London on Monday for a state visit to the U.K.
ASIA PACIFIC / Politics
Nov 21, 2023
South Korea’s Yoon to talk AI in U.K. as trade negotiations begin
South Korea's Yoon Suk-yeol and British leader Rishi Sunak will try to burnish their international credentials ahead of respective general elections.
An employee works on the assembly line in a hangar of an aircraft manufacturer near the town of Odolena Voda, Czech Republic, in July 2017.
BUSINESS / Companies
Nov 20, 2023
Central Europe's defense companies spy African opportunity
Former Warsaw Pact members are well-placed to maintain or upgrade many weapon systems used on the continent.
A cook prepares sashimi in China's Shandong Province in August.
JAPAN / Politics
Nov 19, 2023
China's imports of Japanese fishery products down 99% in October
China fully banning imports of fishery products from Japan from Aug. 24 when the Fukushima No. 1 nuclear power plant water discharge started.
Prime Minister Fumio Kishida is expected to face further headwinds at home, despite efforts to highlight his diplomatic achievements.
JAPAN
Nov 19, 2023
Kishida focuses on diplomacy amid poor public support rates
Showing off his contribution to the discussions at the APEC summit, the prime minister expressed his eagerness to continue with diplomacy. 
Indo-Pacific Economic Framework leaders pose for a family photo at the Asia-Pacific Economic Cooperation summit in San Francisco on Thursday.
BUSINESS / Economy
Nov 18, 2023
Indo-Pacific trade deal prospects dim as U.S. election year looms
Election-year pressures and resistance to tough commitments from some countries make a deal unlikely anytime soon, observers say.
Prime Minister Fumio Kishida speaks at a news conference following the conclusion of the Asia Pacific Economic Cooperation summit in San Francisco on Friday.
JAPAN / Politics
Nov 18, 2023
Kishida to press China on Fukushima ban after deal on expert talks
Prime Minister Fumio Kishida said Friday that China had agreed to expert-level talks aimed at addressing its ban on Japanese seafood.
Prime Minister Fumio Kishida and Chinese President Xi Jinping pose for a family photo during an APEC summit in San Francisco on Thursday.
JAPAN / Politics
Nov 17, 2023
Kishida and Xi aim for trade progress despite lingering tensions
Their talks signaled initial momentum toward a cautious detente, although the two countries appeared to prioritize an improvement in economic ties.
A worker supervises construction work on a wave breaker in the port of Salina Cruz, Oaxaca, Mexico, on Oct. 9, as part of expansion works on the Interoceanic Railway that connects the Pacific Ocean and the Gulf of Mexico.
BUSINESS
Nov 16, 2023
Mexico building rail rival as water shortages drain Panama Canal
By 2028, the Isthmus of Tehuantepec Interoceanic Corridor should see 300,000 cargo containers transit every year, with 1.4 million by 2033.
U.S. President Joe Biden greets Chinese President Xi Jinping before a meeting during the Asia-Pacific Economic Cooperation leaders week in Woodside, California, on Wednesday.
ASIA PACIFIC
Nov 16, 2023
Biden and Xi agree to pick up the phone to avert crisis. But now what?
Agreed measures are unlikely to be enough to improve bilateral ties, as neither side appeared willing to tackle fundamental differences head on.
Shiseido shares tumbled the most in 36 years on Monday after it slashed full-year profit forecasts on sluggish China demand.
BUSINESS / Companies
Nov 16, 2023
China slowdown adds to boycott woes for Japanese beauty stocks
Cosmetics firms are finding that reliance on the world's second-biggest economy to drive sales is a double-edged sword.
Japan's exports gained 1.6% from a year earlier in October, slowing from a 4.3% increase in the previous month.
BUSINESS / Economy
Nov 16, 2023
Japan’s economy remains under pressure as export growth slows
The value of exports gained 1.6% from a year earlier, slowing from a 4.3% increase in the previous month, according to the Finance Ministry.
U.S. President Joe Biden shakes hands with Chinese leader Xi Jinping at Filoli estate in Woodside, California, on Wednesday.
ASIA PACIFIC / Politics
Nov 16, 2023
Xi and Biden agree to restart high-level military-to-military talks
The leaders of the two superpowers looked to stabilize a relationship that has been in freefall amid fears it could devolve into outright conflict.

Longform

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