Tag - trade

 
 

TRADE

U.S. Treasury Secretary Scott Bessent walks to a television interview outside the White House in Washington on Friday. Bessent had indicated a possible delay in the activation of new reciprocal tariff rates on the United States' trading partners.
BUSINESS / Economy
Mar 19, 2025
Trump still intends for reciprocal tariffs to kick in on April 2
Treasury Secretary Scott Bessent had indicated a possible delay but the White House says trading partners would need to negotiate deals in advance to avoid new tariffs.
Shipping containers at a port in Long Beach, California. Higher tariffs will raise the cost of doing business in the U.S., raising the bar for Japanese companies to invest in America.
BUSINESS / Economy
Mar 18, 2025
Trump tariffs to raise bar to invest in the U.S., JETRO says
Higher tariffs will raise the cost of doing business in the U.S. with more expensive materials and products, said JETRO’s chair, Norihiko Ishiguro.
Port City Brewing Company founder and President Bill Butcher adds bottle caps, which he imports from Mexico, into the bottle machine at his brewery in Alexandria, Virginia, on Thursday.
BUSINESS / FOCUS
Mar 16, 2025
'Impossible': U.S. breweries buffeted by Trump tariffs
From Canadian malted barley to aluminum beer cans, Trump's tariffs have hit multiple products that American craft breweries need.
Mark Carney, Canada's incoming prime minister (center), during a swearing-in ceremony at Rideau Hall in Ottawa on Friday. Carney has been sworn in as Canada's 24th prime minister, bringing the former central banker to power in the middle of an explosive trade war with the U.S.
WORLD / Politics
Mar 15, 2025
Canada has a new prime minister with a very hard first assignment
Mark Carney steps into his role as U.S. President Donald Trump sets his sights on Canada’s sovereignty and keeps threatening more tariffs.
U.S. President Donald Trump, flanked by Commerce Secretary Howard Lutnick, holds an executive order about a tariffs increase in the Oval Office of the White House in Washington on Feb. 13.
BUSINESS / Economy
Mar 15, 2025
U.S. commerce chief rules out auto tariff exemption for Japan
Commerce Secretary Howard Lutnick linked the 25% tariffs on car imports, set to begin on April 2, to cutting the U.S. trade deficit with Japan.
Yoji Muto
BUSINESS / Economy
Mar 15, 2025
Japan, China and South Korea eye trade ministers meeting
Japanese trade minister Yoji Muto will attend the envisaged meeting if he receives parliamentary approval.
The gloom is a sign of just how much U.S. President Donald Trump’s policies, particularly around trade, have rattled Wall Street nerves.
BUSINESS / Markets
Mar 14, 2025
Stocks tumble into correction as Trump policies roil sentiment
The gloom is a sign of just how much U.S. President Donald Trump’s policies, particularly around trade, have rattled Wall Street nerves.
U.S. President Donald Trump meets with Russian President Vladimir Putin in Helsinki in July 2018.
WORLD / Politics
Mar 14, 2025
Americans worry Trump is too closely aligned with Russia, poll finds
The two-day poll also found little appetite among Americans for Trump's expansionist agenda.
Alcohol is shaping up to be a key friction point in the brewing trade war.
BUSINESS / Economy
Mar 14, 2025
Trump threatens tariffs on European wine and spirits in escalating trade war
The threat came in response to a European Union plan to impose tariffs on American whiskey and other products next month.
Rolled steel is stored at a Hyundai Steel plant in Dangjin, South Korea, in 2011.
BUSINESS / Markets
Mar 13, 2025
South Korean steelmakers eye U.S. investments as Trump tariffs kick in
Posco and Hyundai Steel say investments in operations in the U.S. are among their options. Meanwhile, European steel mills warn of a flood of surplus metal.
Toyota vehicles are loaded onto a ship at the Port of Nagoya in June last year.
BUSINESS / Economy
Mar 13, 2025
Concerns grow over possible U.S. tariffs on Japan's auto sector
U.S. President Donald Trump has pointed out that the U.S. is importing a "very big" amount of Japanese cars while other countries are not really buying American cars.
Travelers make their way through the departures terminal of Toronto Pearson International Airport in Mississauga, Ontario, Canada, in 2022.
WORLD / Politics
Mar 13, 2025
Canadians, stung by Trump's tariffs and rhetoric, balk at U.S. travel
Even a 10% drop in Canadian travelers could cost the United States $2.1 billion in lost spending, the U.S. Travel Association estimated.
A worker inspects a steel coil on the factory floor before Canada's Prime Minister-designate Mark Carney visits the ArcelorMittal Dofasco steel mill in Hamilton, Ontario, Canada, on Wednesday.
BUSINESS / Economy
Mar 13, 2025
Trump threatens further tariffs as EU and Canada retaliate against U.S. levies
The U.S. tariffs have rattled investor, consumer and business confidence and raised recession fears.
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.

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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