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December 08, 2024
 

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Trump tariffs

Prime Minister Shigeru Ishiba at the Prime Minister's Office on Thursday
JAPAN / Politics
LDP eyes larger tax breaks for individual political donations
The move is designed to lower the share of political donations from companies and organizations, which have been subject to public criticism.
Refining sources in Asia and analysts have said they expect to see more Canadian and Mexican oil heading to Asia if U.S. President-elect Donald Trump imposes planned tariffs.
BUSINESS / Markets
Asia likely to benefit from cheaper Canadian and Mexican oil if Trump imposes tariffs
By Florence Tan, Siyi Liu and Robert Harvey
Two sources familiar with Trump's plan say that oil would not be exempted from potential tariff hikes on imports from Canada and Mexico.
U.S. President Donald Trump holds a bilateral meeting with then-Prime Minister Shinzo Abe on the sidelines of the United Nations General Assembly in New York in September 2019. Tokyo may be forced to balance its priorities in the U.S. alliance with its economic reliance on China.
COMMENTARY / Japan
Trump's return heralds a new era of trade tensions for Japan
Sam Baron
Tokyo faces a balancing act: aligning with Washington's priorities while maintaining its critical economic ties to China.
Beijing¡¯s long-standing line has been a commitment to keep the yuan "basically stable.¡± But U.S. President-elect Donald Trump¡¯s return ¡ª and his threat of tariffs ¡ª may test that.
COMMENTARY
China will send a weaker yuan to the Trump front
Daniel Moss
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
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.
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
Trump pledges 25% tariffs on Canada and Mexico, and more levies on China
By Jesse Johnson and Kathleen Benoza
The president-elect says he will sign executive orders to enforce the measures when he returns to the White House on Jan. 20.
Workers install a battery for a new electric vehicle model at Mitsubishi Motor's factory in Kurashiki, Okayama Prefecture.
BUSINESS
Trump tariffs may target Japanese cars, economist says
The Moody's Analytics economist warned that this poses a huge risk to the Japanese economy.
President Xi Jinping of China and President Donald Trump during a state visit in Beijing, Nov. 9, 2017
WORLD
Bracing for Trump tariffs, China's Xi makes diplomatic push at global summits
By Eduardo Baptista and Lisandra Paraguassu
While better prepared for another Trump White House, China is also more vulnerable after its economy was hit by a huge property crisis.
Miho Nakayama, known for 'Love Letter' and a decadeslong music career, dies at 54
Miho Nakayama
A $105 trillion inheritance windfall is on the way for U.S. heirs
About $105 trillion is projected to be passed down from older generations over the next quarter century, according to research firm Cerulli Associates, an amount roughly equal to global gross domestic product in 2023.
Japan's soft power soared to new heights in 2024
Japanese creatives, athletes and activists saw their efforts recognized on the world stage in various ways this year. At the Oscars (left) Takashi Yamazaki and his team took a prize for ¡°Godzilla Minus One,¡± while later in the year Anna Sawai and Hiroyuki Sanada (center) took Emmys for their work in ¡°Shogun.¡± Shohei Ohtani (right) was arguably the biggest Japanese star of the year.
Japan's honorific language can be challenging for native speakers, too
People walk around an outlet mall in Gotemba, Shizuoka Prefecture. At stores across Japan, clerks use a form of polite language called "manyuaru keigo," literally, ¡°manual honorifics,¡± named for the service manuals they study it from.
Police may be able to use fake IDs to investigate yami baito
A Metropolitan Police Department flyer on high-paying illegal work advertised on social media, known as yami baito
What constitutes fatal dangerous driving in Japan?
Critics have said that drivers who were speeding well over the speed limit or those who were extremely drunk were not indicted for dangerous driving because of its vague definition.
Japan's soft power soared to new heights in 2024
Japanese creatives, athletes and activists saw their efforts recognized on the world stage in various ways this year. At the Oscars (left) Takashi Yamazaki and his team took a prize for ¡°Godzilla Minus One,¡± while later in the year Anna Sawai and Hiroyuki Sanada (center) took Emmys for their work in ¡°Shogun.¡± Shohei Ohtani (right) was arguably the biggest Japanese star of the year.
Lightning strikes twice for Shun Ikeda at All Japan Championships
Shun Ikeda holds the trophy after winning his second consecutive amateur yokozuna title on Sunday at Tokyo¡¯s Ryogoku Kokugikan.
Yoon¡¯s gambit a tempest in a teapot for financial markets
A screen displays market data at Hana Bank in Seoul on Wednesday.
U.S. Space Force launches first unit in Japan
Activated on Wednesday, U.S. Space Forces Japan ¡ª a component similar to the one established at South Korea¡¯s Osan Air Base in 2022 ¡ª will operate out of Yokota Air Base in the city of Fussa, western Tokyo, with a staff of about 10.

Podcast

South Korean Defense Minister Kim Yong-hyun attends a joint news conference during a "two-plus-two" meeting at the State Department in Washington on Oct. 31.
South Korea¡¯s ex-defense chief is detained over martial law episode
People gather at Umayyad Square in Damascus on Sunday. The Islamist-led rebels declared that they have taken the city.
Syrian rebels announce Damascus freed, Assad regime ousted

Deep Dive Features

South Korean Defense Minister Kim Yong-hyun attends a joint news conference during a "two-plus-two" meeting at the State Department in Washington on Oct. 31.
South Korea¡¯s ex-defense chief is detained over martial law episode
People gather at Umayyad Square in Damascus on Sunday. The Islamist-led rebels declared that they have taken the city.
Syrian rebels announce Damascus freed, Assad regime ousted

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