Japan Says China Agrees to Terms for Seafood Import Resumption After Fukushima Wastewater Row
Japan said on Friday that China has agreed to procedures for allowing Japanese seafood imports, which Beijing had banned since August 2023 due to the release of treated wastewater from the crippled Fukushima Daiichi nuclear power plant into the sea.
The two nations have reached an agreement on the technical terms for resuming Japanese seafood imports into China, chief cabinet secretary Yoshimasa Hayashi told cabinet members, local media
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
3 hours ago
- Yahoo
Cristiano Ronaldo to remain at Al-Nassr following fresh agreement
Cristiano Ronaldo to remain at Al-Nassr following fresh agreement Cristiano Ronaldo is expected to sign a new two-year contract with Saudi Pro League (SPL) club Al-Nassr, according to Foot Mercato. There were rumours about Ronaldo joining Saudi rivals Al-Hilal or Al-Ahli, which intensified after he posted a cryptic message on Twitter. The post raised doubts about whether he would continue with Al-Nassr beyond this season. Advertisement However, Ronaldo is set to extend his stay at Al-Nassr until 2027. This new contract would keep him in Saudi Arabia beyond his 42nd birthday. Ronaldo ends the season as the top scorer but without a trophy The former Real Madrid star had another strong season in front of goal, bagging 35 goals and four assists across all competitions. Ronaldo finished the league season with 25 goals in 30 matches. He won the Saudi Pro League Golden Boot for the second year running. Despite his individual success, Al-Nassr endured a disappointing campaign. The club finished third in the league, falling short in their pursuit of the title. Advertisement They were also eliminated in the semi-finals of the AFC Champions League by Japanese side Kawasaki Frontale and missed out on the Saudi Super Cup and the King's Cup. Despite this, the Portuguese forward's commitment to the project appears strong. His goal return remains impressive, and he continues to deliver at a decent level. If the deal goes through as expected, SPL fans can look forward to watching Ronaldo for another two years. His continued presence in the league will also help maintain global interest in the SPL.
Time Magazine
6 hours ago
- Time Magazine
Trump Explains Reason Behind Doubling Steel, Aluminum Tariffs—But Critics Issue Stark Warnings Over ‘Reckless' Move
President Donald Trump announced on Friday that he plans to double the tariffs on steel and aluminum—increasing the charge from 25% to 50%. The tariff escalation comes at a precarious time, as Trump's 'reciprocal' tariffs are immersed in legal trouble at the court level and many U.S. businesses are struggling to contend with the back-and-forth nature of the levies. Trump's announcement also coincides with the 'blockbuster' agreement between U.S. Steel and Japanese steel company Nippon, a deal which he promised will include no layoffs and the steelmaker will be "controlled by the USA." The steepened tariffs could potentially further escalate tensions between the U.S. and its previous top steel partners, which include Canada, Brazil, Mexico, South Korea, and Vietnam. As the U.S.' number one steel importer, Canada —with whom the U.S. has already escalated tensions due to Trump's other tariffs—stands to feel the pressure of this latest move. Here's what to know about Trump's doubled tariffs and what experts have to say about it. What has Trump said about doubling the steel and aluminum tariffs? Trump announced his decision during a rally at U.S. Steel's Mon Valley Works–Irvin Plant near Pittsburgh in West Mifflin, Penn., surrounded by hardhat-donned steel workers. 'We're going to bring it from 25% percent to 50%—the tariffs on steel into the United States of America—which will even further secure the steel industry in the United States,' Trump told the crowd, offering his reasoning that the increased charges will ultimately help the domestic industry. 'Nobody's going to get around that.' He later posted about his decision on social media, revealing that the tariffs would also be raised for aluminum.'Our steel and aluminum industries are coming back like never before,' Trump wrote on Truth Social. 'This will be yet another BIG jolt of great news for our wonderful steel and aluminum workers.' When are the doubled tariffs due to come into effect? In Trump's announcement post on Truth Social, he said that the doubled tariffs would come into effect on Wednesday, June 4. Although it's worth noting that other tariff threats—such as the proposed 50% charge on the E.U. and the majority of Trump's 'reciprocal' tariffs that he announced on April 2—have been temporarily paused to allow time for negotiations. It remains to be seen if an extension will be granted for this new June 4 date. The back-and-forth on tariff dates and rates has left many businesses in limbo, though Felix Tintelnot, professor of economics at Duke University, says that with steel and aluminum, the Administration has generally followed through on the timings they've announced. The question, he says, is how long the 50% will stand, as he's seen the rates 'flip-flopping all the time.' Tintelnot argues that the resulting uncertainty is causing real harm to U.S. businesses and thus, in turn, impacting workers, despite Trump's claims that the tariffs will bring large amounts of money to the U.S. steel industry. 'We're talking about expansion of capacity of heavy industry that comes with significant upfront investments, and no business leader should take heavy upfront investments if they don't believe that the same policy is there two, three, or four years from now,' Tintelnot says. 'Regardless of whether you're in favor [of] or against these tariffs, you don't want the President to just set tax rates arbitrarily, sort of by Executive Order all the time.' How have lawmakers, industry people, and experts reacted? Though Tintelnot agrees that the escalated tariffs should help the domestic steel industry, he says it will be coinciding with struggles in other U.S. industries as a result of the increase. 'So, this is expected to raise the price of aluminum, which is important in inputs for downstream industries like the automotive industry, as well as construction, so there's sort of a distributional conflict here,' Tintelnot warns. 'Yes, it does help the domestic steel sector, but [it's] hurting these other sectors of the economy, and they are already hard hit by other tariffs.' The USW (Unity and Strength for Workers, most commonly referred to as United Steelworkers)—a trade union of steelworkers across North America— said in a statement that the increase will have a negative impact on Canada's industries and jobs. 'This isn't trade policy—it's a direct attack on Canadian industries and workers,' said Marty Warren, United Steelworkers national director for Canada. 'Thousands of Canadian jobs are on the line and communities that rely on steel and aluminum are being put at risk. Canada needs to respond immediately and decisively to defend workers.' Meanwhile, Bea Bruske, president of the Canadian Labour Congress, said that the plan to double tariffs is a 'direct attack on Canadian workers and a reckless move' and warned that it "could shut Canadian steel and aluminum out of the U.S. market entirely and put thousands of good union jobs at risk." Speaking about the tariffs overall, Canada's Prime Minister Mark Carney said on Friday that he intends to jumpstart and fast track national building projects throughout the country to respond to Trump's trade war, 'ensuring that the Canadian government becomes a catalyst for, not an impediment to, nation-building projects that will supercharge growth in communities, both large and small.' Other international lawmakers, meanwhile, have voiced their disapproval of Trump's tariffs escalations.
Yahoo
8 hours ago
- Yahoo
Tesla's 'Robotaxi' problem, Toyota's big EV bet, and more — 4 EV stories you need to know this week
Toyota is going big on electric models, Tesla could lose yet another battle, and Americans are still surprisingly bullish on EVs — here's all that, and the other big news you need to know about electric, hybrid, and clean gas vehicles this week. After lagging other car manufacturers in bringing EVs to market, Toyota recently announced a completely overhauled version of its original crossover EV, the bZ4X, called the bZ. Plus, the Japanese juggernaut also announced production of a smaller, sportier crossover, the CH-R, due to go on sale next year. The company says the vehicle will feature 338 horsepower, all-wheel drive, and a solid 290-mile range. The legal battle to trademark terms is heating up fast in the world of self-driving taxis — and Tesla is on the losing end. The company's attempt to trademark the term "Robotaxi" was recently rejected for being too generic, while its applications for the term "Cybercab" were stalled after other companies applied for similar trademarks. The company's "Robobus" trademark application is still being considered, though. That $7,500 credit you get when you buy a new EV is about to be history, if the newly proposed federal budget gets approved. According to Car and Driver, "The budget would completely kill the tax credit after 2026. However, models from automakers such as GM and Tesla, which have sold more than 200,000 EVs, won't be eligible for the credit after December 31, 2025." The proposed bill would also do away with tax credits for used EVs, which are currently as much as $4,000. If the cuts are approved, it will likely cause a rush by consumers to buy or rent before the tax benefits go away — the boom before the bust. According to the J.D. Power Electric Vehicle Consideration Study recently released, 24% of U.S. buyers are "very likely" to buy an EV, while 35% are "somewhat likely" — both figures remaining basically the same as last year, despite the fluctuating news about electric alternatives. According to Autoweek and Kelley Blue Book, Americans purchased 1.3 million EVs last year, and that number may well hold for 2025. If you were going to purchase an EV, which of these factors would be most important to you? Cost Battery range Power and speed The way it looks Click your choice to see results and speak your mind. Join our free newsletter for weekly updates on the latest innovations improving our lives and shaping our future, and don't miss this cool list of easy ways to help yourself while helping the planet.
