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April 01, 2025
 

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TRADE

Howard Lutnick (right), chief executive officer of Cantor Fitzgerald and U.S. commerce secretary nominee for U.S. President Donald Trump, watches as Trump displays a signed executive order in the Oval Office of the White House in Washington on Thursday.
BUSINESS / Markets
Feb 14, 2025
Trump moves to impose reciprocal tariffs as soon as April
Fresh import taxes would be customized for each country, meant to offset not just their own levies on U.S. goods, but also other factors that act to limit U.S. trade.
Indian Prime Minister Narendra Modi (right) and U.S. President Donald Trump shake hands at the conclusion of a joint news conference in the White House in Washington on Thursday.
WORLD / Politics
Feb 14, 2025
India's Modi and Trump agree to trade talks to lower tensions
The agreements came hours after Trump unveiled a roadmap for reciprocal tariffs on every country that puts duties on U.S. imports, including India.
Oil tanker trucks outside an oil refinery in Mumbai
WORLD / Politics
Feb 13, 2025
India scrambles for Russian oil supplies as sellers play sanctions whack-a-mole
Energy executives say existing networks are being reconfigured with selling entities, tankers and insurance providers that are not on Washington’s blacklist.
Susan Holt, New Brunswick’s premier, speaks during a news conference in Washington on Wednesday.
BUSINESS
Feb 13, 2025
Canada’s 13 premiers descend on Washington to play the China card
For the first time, all 13 of the country’s premiers were in Washington together, lobbying Republican lawmakers against President Donald Trump’s proposed import taxes.
Cargo ships full of shipping containers are seen at the port of Oakland, California, on Feb. 3 as trade tensions escalate over U.S. tariffs
BUSINESS / Economy
Feb 13, 2025
Trump says he will sign reciprocal tariffs order soon, as trade war fears mount
Trump's latest round of market-rattling tariffs comes as Indian Prime Minister Narendra Modi is due to visit the White House on Thursday.
U.S. President Donald Trump signs executive orders, including two official proclamations that will impose a 25% tariff on steel and aluminum from all countries globally, in the Oval Office of the White House in Washington on Monday.
BUSINESS / Economy
Feb 12, 2025
Japan asks for exemption from Trump's steel and aluminum tariffs
Officials in Tokyo said the government will closely examine the impact of U.S. measures on Japanese companies and will take necessary actions.
Japanese companies face mounting pressure as U.S.-China tensions grow, forcing them to navigate security concerns, economic dependencies and shifting trade policies.
COMMENTARY / Japan
Feb 12, 2025
For Japanese firms, the China dilemma is set to intensify
“America First” and “Make America Great Again” are simple slogans that can be fitted to any outcome. All that ultimately matters is the final say of the president.
A worker walks in front of rolls of steel at a steel company in Monterrey, Nuevo Leon, Mexico, on Tuesday.
BUSINESS / Markets
Feb 12, 2025
Canada, Mexico and EU slam 'unjustified' Trump steel tariffs
The European Union and Canada vowed to firmly retaliate against the tariffs.
In digital trade, Japan's imports have been rising faster than its exports, amid the dominance of global information technology giants such as Microsoft and Google.
BUSINESS / Economy
Feb 11, 2025
Japan's trade deficit for digital services rose to record ¥6.6 trillion in 2024
Japan's digital trade deficit is expected to reach ¥10 trillion in 2030, roughly equivalent to its crude oil imports in 2024.
U.S. President Donald Trump and Chinese leader Xi Jinping hold a bilateral meeting during the Group of 20 leaders summit in Osaka in June 2019.
COMMENTARY / World
Feb 11, 2025
Trump’s initial moves will benefit China
And while Trump has claimed that his policies will strengthen America, in reality, thus far, the biggest winner of many of his actions has actually been China.
U.S. President Donald Trump holds a signed executive order on tariffs on aluminum imports in Washington on Monday.
BUSINESS / Economy
Feb 11, 2025
Trump sets 25% tariffs on steel and aluminum, heightening trade war
The move would fulfill what the most extreme trade protectionists have sought for years.
U.S. President Donald Trump welcomes Prime Minister Shigeru Ishiba to the White House in Washington on Friday.
JAPAN / Politics / ANALYSIS
Feb 10, 2025
Ishiba builds inroads with Trump, but challenges still loom
Ishiba won praise for his deft handling of Trump, squelching critics’ predictions that the president would walk all over the bookish Japanese leader.
Japan's current account surplus grew 29.5% year on year in 2024, the Finance Ministry said.
BUSINESS / Economy
Feb 10, 2025
Japan's current account surplus hits record high in 2024
The surplus grew 29.5% from 2023 to ¥29.26 trillion ($193 billion) last year, the Finance Ministry said in a preliminary report.
Investors believe the amicable atmosphere of the first summit between Prime Minister Shigeru Ishiba and U.S. President Donald Trump on Friday has the potential to help support Japanese stocks in the medium term.
BUSINESS / Markets
Feb 10, 2025
Japan markets wobble as Trump talks of new steel tariffs for 'everyone'
The U.S. president's talk of reciprocal tariffs for "everyone” has provided a reminder of the risks that face America’s trading partners.
Trucks cross the Ambassador Bridge between Detroit and Windsor, Ontario, in Canada in the early morning hours of Feb. 1.
WORLD / Politics
Feb 10, 2025
Betrayed: How Trump’s tariff threats tore the U.S.-Canada bond
Donald Trump’s menacing rhetoric seems to have fractured the fraternal trust that has been the core of the relationship between the U.S. and Canada.
A worker welds at a steel manufacturing facility in Mexico City on Thursday.
BUSINESS / Economy
Feb 10, 2025
Trump to announce 25% steel and aluminum tariffs in latest escalation
Trump, speaking to reporters on Air Force One on his way to the Super Bowl in New Orleans, said he will announce the new metals tariffs on Monday.
Prime Minister Shigeru Ishiba and U.S. President Donald Trump hold a joint news conference in the East Room of the White House in Washington on Saturday.
JAPAN / Politics
Feb 9, 2025
Ishiba says Trump didn't push defense spending hike or discuss tariffs
Ishiba also echoed Trump's pledge to help mediate a move by Japan’s Nippon Steel to invest in U.S. Steel rather than purchasing the American company.
Prime Minister Shigeru Ishiba's visit to the U.S. for talks with Donald Trump yielded moderate success, highlighting the strategic focus of the American presidents second administration.
COMMENTARY / Japan
Feb 9, 2025
So far, so good for Ishiba — at least for now
It's safe to say, Ishiba’s visit to the U.S. went well. But we mustn't become complacent.
Yellowtail is unloaded in Himi, Toyama Prefecture. Japan is looking to expand yellowtail exports to the United States, with China's blanket ban on Japanese fishery products still in place.
BUSINESS / Economy
Feb 9, 2025
JETRO to support yellowtail exports to U.S.
JETRO hopes to help expand sales channels for the fish in the United States, where Japanese cuisine has become popular amid an increase in health conscious consumers.
Southeast Asian economies, once seen as beneficiaries of the U.S.-China trade war, now face challenges as escalating tariffs and trade tensions threaten their growth and regional stability.
COMMENTARY / World
Feb 5, 2025
Winners of the first trade war may not be so victorious
Stuck between the U.S. and China, Southeast Asia’s challenges this time around are much greater.
Japan's biggest beef bowl chain Sukiya to shut nearly 2,000 stores after rat and bug contamination
Zensho Holdings, operator of fast-food chain Sukiya, said it will close all of its stores in Japan, except for a small number in shopping centers, between Monday and Friday following recent contamination incidents.
Alert raised for volcano in southwestern Japan
Shinmoedake, a volcano located between Miyazaki and Kagoshima prefectures, in November 2019
Japan considers all possible options as Trump threatens new auto tariffs
Subaru cars awaiting export at a port in Yokohama on Thursday.
Nankai Trough earthquake could kill 298,000 people, government says
Residents participate in an evacuation drill held with West Japan Railway in Shirahama, Wakayama Prefecture, in January 2024 to prepare for a Nankai Trough earthquake and a possible tsunami following the quake.
Japan, South Korea and China vow to strengthen trade ties amid looming U.S. tariffs
Economy, Trade and Industry Minister Yoji Muto (left), South Korean Trade Industry and Energy Minister Ahn Duk-geun (center) and Chinese Commerce Minister Wang Wentao during a trilateral meeting in Seoul on Sunday
On defense, Japan may avoid Trump's worst impulses — for now
Defense Minister Gen Nakatani and U.S. Secretary of Defense Pete Hegseth chat after reviewing an honor guard during a welcome ceremony at the Defense Ministry in Tokyo on Sunday.
Nankai Trough earthquake could kill 298,000 people, government says
Residents participate in an evacuation drill held with West Japan Railway in Shirahama, Wakayama Prefecture, in January 2024 to prepare for a Nankai Trough earthquake and a possible tsunami following the quake.
NFL comeback star Damar Hamlin shares life-saving message in Tokyo
Damar Hamlin poses with students at The American School in Japan in Chofu, western Tokyo, on Thursday.
A Canadian made a weekend trip to Costco a Japanese pastime
Under the watchful eye of Ken Theriault, Costco representative director and Japan country manager, the American membership-model wholesaler has flourished in Japan.
Tokyo tech failures lean into misfortune, mistakes and missteps
Tsuyoshi Domoto in Tokyo's Shinjuku Ward on March 28. As an entrepreneur, Domoto experienced plenty of setbacks but maintains a positive attitude and continues to pursue his dreams.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

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
By Johan Brooks

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