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November 24, 2024
 

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TRADE

Japan Times
BUSINESS
Feb 6, 2020
China to halve tariffs on U.S. imports worth $75 billion from Feb. 14
China will halve tariffs on some $75 billion (¥8.24 trillion) of imports from the U.S. later this month, reciprocating a U.S. action and likely satisfying part of their interim trade deal.
Japan Times
BUSINESS / Economy
Feb 6, 2020
U.S. trade deficit narrowed in 2019 for first time in six years
The U.S. trade deficit fell for the first time in six years in 2019 as the White House's trade war with China curbed the import bill, keeping the economy on a moderate growth path despite a slowdown in consumer spending and weak business investment.
Japan Times
BUSINESS
Feb 6, 2020
Phase 1 trade deal ambiguity gives China ample room for coronavirus delays in funding U.S. 'export boom'
The United States' expected "export boom" to China in the aftermath of the Phase 1 trade deal will be delayed, as China battles the rapidly spreading coronavirus, White House economic adviser Larry Kudlow said on Tuesday.
Japan Times
BUSINESS
Feb 4, 2020
U.S. finalizes rule to slap duties on countries that undervalue currencies
The U.S. Commerce Department has finalized a new rule to impose anti-subsidy duties on products from countries that it has determined undervalue their currencies against the dollar, including potentially China and even Japan.
BUSINESS
Feb 4, 2020
U.S. manufacturing rebounds but construction spending falls
U.S. factory activity unexpectedly rebounded in January after contracting for five straight months amid a surge in new orders, offering hope that a prolonged slump in business investment has probably bottomed out.
BUSINESS
Feb 3, 2020
Japan's WTO petition over South Korea shipbuilding signals renewed tensions
Japan has filed fresh dispute proceedings at the World Trade Organization against South Korea over alleged shipbuilding subsidies, a sign that bilateral tensions may be resurfacing after a period of apparent calm.
Japan Times
BUSINESS
Feb 3, 2020
Johnson ready to walk away from EU talks without formal trade deal
Boris Johnson plans to say he's prepared to quit talks over the U.K.'s future trade relationship with the European Union if he doesn't get what he wants.
Japan Times
BUSINESS
Feb 2, 2020
India draws fire for hiking taxes on imported electronics, toys and furniture
India on Saturday raised taxes on imports of goods including electronics, toys and furniture, aiming to give impetus to domestic manufacturing in a move that will hit Sweden's IKEA and other foreign firms.
Japan Times
BUSINESS / Companies
Feb 2, 2020
Japanese firms take Brexit in stride but worry over British prospects for trade talks with EU
Japanese companies in Britain are taking the British exit from the European Union in stride, but some are wary that if Britain-EU trade talks falter, prospects for business in Europe will become uncertain.
Japan Times
BUSINESS
Feb 2, 2020
Japan files petition with WTO over South Korean shipbuilding industry measures, report says
Japan has filed a petition against South Korea with the World Trade Organization accusing Seoul of providing excessive aid to the domestic shipbuilding industry, informed sources said Saturday.
Japan Times
BUSINESS / Economy
Feb 1, 2020
Japanese firms preparing for prolonged economic hit from coronavirus outbreak
Japanese companies that do business in China are starting to consider measures to cope with the possibility of a prolonged coronavirus outbreak.
Japan Times
BUSINESS
Jan 31, 2020
Economist who counted $40 billion cost from SARS predicts far bigger hit from new coronavirus
The global cost of the coronavirus could be three or four times that of the 2003 SARS outbreak, which sapped the world's economy by $40 billion, according to the economist who calculated the SARS figure.
BUSINESS
Jan 30, 2020
Auto and beef exports from Japan to EU higher after first year of EPA
Automobile and wagyu beef exports to the European Union are increasing thanks to tariff cuts under an economic partnership agreement between Japan and the EU, which took effect on Feb. 1 last year.
Japan Times
JAPAN / Politics
Jan 29, 2020
Meet the fiery negotiator behind South Korea's biggest disputes with Japan
With the clock ticking on South Korea's withdrawal from a security pact with Japan in November, President Moon Jae-in sent a blunt-speaking aide on a secret mission to Washington.
Japan Times
BUSINESS
Jan 28, 2020
Auto tariffs to be key topic in Japan-U.K. trade talks after Brexit
Auto tariffs are expected to come up as a top agenda item in Japan-U.K. trade talks that are expected to start as early as this spring after the latter's exit from the European Union.
Japan Times
BUSINESS / Economy
Jan 28, 2020
China virus could take larger-than-expected bite out of Japan's economy
Economy minister Yasutoshi Nishimura warned Tuesday that corporate profits and factory production could take a hit from the coronavirus outbreak in China that has rattled global markets and chilled confidence.
Japan Times
BUSINESS / Economy
Jan 24, 2020
Davos sees Trump's China love as short-term affair
Donald Trump tried hard to convince the world's elite this week that he and Chinese President Xi Jinping have left their trade war behind them and they've moved on to a brighter future.
U.S. aircraft carrier returns to Japan carrying navy’s ‘most capable fighter’
U.S. 7th Fleet Commander Vice Adm. Fred Kacher speaks to reporters shortly after the arrival of aircraft carrier USS George Washington at Yokosuka naval base in Kanagawa Prefecture on Friday.
Japan approves ¥21.9 trillion stimulus plan
The policy chiefs of the Democratic Party for the People, Liberal Democratic Party and Komeito — Makoto Hamaguchi (left), Itsunori Onodera (center) and Mitsunari Okamoto — shake hands after reaching an agreement on an economic stimulus package on Wednesday.
Japan will spend ¥325 million in government funds on Princess Yuriko's funeral
Princess Yuriko waves during the New Year's public greeting at the Imperial Palace in Tokyo in January 2019.
MUFG fires worker over ¥2 billion theft from clients’ safe deposit boxes
Mitsubishi UFJ Financial Group is investigating the incident and consulting with the police.
China reinstates visa-free travel for Japanese nationals
Beijing Daxing International Airport
Shohei Ohtani wins National League MVP award
Shohei Ohtani celebrates after hitting a three-run home run against the Padres during the National League Division Series at Dodger Stadium in Los Angeles last month.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Around a quarter of Japan married couples in their 20s met through dating apps
A survey released by an organization promoting “Good Couples Day” shows that 24% of couples in their 20s met their marriage partner through a dating app.
'Tokyo Swindlers': Get deep into the minds of real estate con artists
In Ko Shinjo's "Tokyo Swindlers," a group of con artists manipulates real estate giants into falsified deals within the highly competitive, quick market.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.

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