7-Eleven opens 1st convenience store in Hanoi
HANOI -- 7-Eleven recently opened its first location in Hanoi, marking the first Japanese-linked convenience store to be established in Vietnam's capital.
The 7-Eleven is located in Hanoi's Old Quarter, a neighborhood popular with tourists. Many customers came to the store when it opened on Friday, and the staff had to limit entry at times to avoid overcrowding.
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The Mainichi
26 minutes ago
- The Mainichi
Bessent says 90-day tariff pause could be extended for key partners
WASHINGTON (Kyodo) -- The United States could extend a 90-day pause on the implementation of steep tariffs on goods from its major trading partners if they continue to negotiate "in good faith," U.S. Treasury Secretary Scott Bessent said Wednesday. "It is highly likely that those countries -- or trading blocs as is the case with the EU -- who are negotiating in good faith, we will roll the date forward to continue the good-faith negotiations," Bessent said during a congressional hearing. "If someone is not negotiating, then we will not." Bessent made the remarks when asked about the upcoming end of the pause in early July, while reiterating that President Donald Trump's administration has been in talks with 18 important trading partners toward deals. Japan is one such partner that has been negotiating with the Trump administration at a fast pace, given that Japanese Prime Minister Shigeru Ishiba and Trump are slated to hold a one-on-one meeting in less than a week when they attend a Group of Seven summit in Canada. Japan's chief tariff negotiator Ryosei Akazawa is due to hold his sixth round of talks with U.S. Cabinet members on Friday in a last-ditch effort to find common ground before the G7 summit. It will be Akazawa's fourth straight week visiting Washington. So far, Trump, who unveiled his so-called reciprocal tariffs on April 2, has ruled out extending the pause beyond 90 days. During this window for negotiations, the Trump administration has been particularly focused on clinching trade deals with Japan and other major trading partners, including India, South Korea and the European Union. The pause, which runs until July 8, only applies to country-specific tariffs under his reciprocal scheme. It does not affect his baseline duty of 10 percent targeting imports from all parts of the world. Japan is facing an additional country-specific tariff of 14 percent, for a total rate of 24 percent. Ishiba and Akazawa have repeatedly said they will not rush into a deal with the United States at the expense of Japan's national interest. The two have urged the Trump administration to remove all of its additional tariffs on Japanese imports. But they have also suggested the need to reach some agreement with the administration as quickly as possible to prevent the measures from further impacting the Japanese economy. It remains unclear if the latest remarks from Bessent, a key figure in Trump's tariff negotiations, will change the pace of the ongoing talks with Japan and some other trading partners.
Kyodo News
an hour ago
- Kyodo News
Bessent says 90-day tariff pause could be extended for key partners
KYODO NEWS - 1 hour ago - 09:02 | All, World The United States could extend a 90-day pause on the implementation of steep tariffs on goods from its major trading partners if they continue to negotiate "in good faith," U.S. Treasury Secretary Scott Bessent said Wednesday. "It is highly likely that those countries -- or trading blocs as is the case with the EU -- who are negotiating in good faith, we will roll the date forward to continue the good-faith negotiations," Bessent said during a congressional hearing. "If someone is not negotiating, then we will not." Bessent made the remarks when asked about the upcoming end of the pause in early July, while reiterating that President Donald Trump's administration has been in talks with 18 important trading partners toward deals. Japan is one such partner that has been negotiating with the Trump administration at a fast pace, given that Japanese Prime Minister Shigeru Ishiba and Trump are slated to hold a one-on-one meeting in less than a week when they attend a Group of Seven summit in Canada. Japan's chief tariff negotiator Ryosei Akazawa is due to hold his sixth round of talks with U.S. Cabinet members on Friday in a last-ditch effort to find common ground before the G7 summit. It will be Akazawa's fourth straight week visiting Washington. So far, Trump, who unveiled his so-called reciprocal tariffs on April 2, has ruled out extending the pause beyond 90 days. During this window for negotiations, the Trump administration has been particularly focused on clinching trade deals with Japan and other major trading partners, including India, South Korea and the European Union. The pause, which runs until July 8, only applies to country-specific tariffs under his reciprocal scheme. It does not affect his baseline duty of 10 percent targeting imports from all parts of the world. Japan is facing an additional country-specific tariff of 14 percent, for a total rate of 24 percent. Ishiba and Akazawa have repeatedly said they will not rush into a deal with the United States at the expense of Japan's national interest. The two have urged the Trump administration to remove all of its additional tariffs on Japanese imports. But they have also suggested the need to reach some agreement with the administration as quickly as possible to prevent the measures from further impacting the Japanese economy. It remains unclear if the latest remarks from Bessent, a key figure in Trump's tariff negotiations, will change the pace of the ongoing talks with Japan and some other trading partners. Related coverage: U.S., China agree on framework to implement Geneva trade accord Japan, U.S. eye Ishiba-Trump summit in Canada on G7 margins Japan, EU eye launch of "competitive alliance" scheme to boost trade
Kyodo News
an hour ago
- Kyodo News
Kyodo News Digest: June 12, 2025
KYODO NEWS - 4 minutes ago - 09:45 | All, World, Japan The following is the latest list of selected news summaries by Kyodo News. ---------- Trump says U.S. aiming for trade deals with Japan, S. Korea next WASHINGTON - U.S. President Donald Trump said Wednesday that his administration is engaging with Japan and South Korea to strike quick trade deals. Trump made the remarks when asked which country he expects to clinch a trade agreement with next. He also said the administration will unilaterally send out letters in "about a week and a half (or) two weeks" to many countries informing them what their trade deals would look like. ---------- China fighter jet has near miss with SDF patrol plane: Japan gov't TOKYO - A Chinese military aircraft had a near miss with a Japan Maritime Self-Defense Force patrol plane over the high seas in the Pacific, flying just 45 meters away after taking off from a moving aircraft carrier, the Japanese Defense Ministry said Wednesday. China's J-15 warplane from the aircraft carrier Shandong made other dangerous maneuvers on Saturday and Sunday, such as passing in front of an MSDF P-3C aircraft at the same altitude and with a distance of about 900 meters between the planes, the ministry said, adding that the government lodged a protest with China and demanded an end to such flights. ---------- Japan opposition likely to forgo motion against PM, dual elections TOKYO - Japan's main opposition party is leaning toward not submitting a no-confidence motion against Prime Minister Shigeru Ishiba's Cabinet and triggering double Diet elections, party sources said Wednesday. With the current 150-day regular Diet session set to end in late June, whether the Constitutional Democratic Party of Japan will move to submit a no-confidence motion against the Cabinet has become a key focus, as it is the only opposition force in the powerful House of Representatives capable of doing so. ---------- German pres. to visit Japan for Expo, meet with novelist Murakami TOKYO - German President Frank-Walter Steinmeier is scheduled to visit Japan next week to attend the World Exposition in Osaka, the Japanese government said Wednesday, with his country saying he also plans to meet renowned novelist Haruki Murakami. During his three-day stay through June 20, he is also slated to hold separate meetings with Emperor Naruhito and Prime Minister Shigeru Ishiba, according to the government. ---------- Bessent says 90-day tariff pause could be extended for key partners WASHINGTON - The United States could extend a 90-day pause on the implementation of steep tariffs on goods from its major trading partners if they continue to negotiate "in good faith," U.S. Treasury Secretary Scott Bessent said Wednesday. "It is highly likely that those countries -- or trading blocs as is the case with the EU -- who are negotiating in good faith, we will roll the date forward to continue the good-faith negotiations," Bessent said during a congressional hearing. "If someone is not negotiating, then we will not." ---------- Trump "receptive" to communicating with N. Korean leader: White House WASHINGTON - U.S. President Donald Trump remains "receptive" to communicating with North Korean leader Kim Jong Un, the White House said Wednesday. White House spokeswoman Karoline Leavitt made the statement when asked about a media report that North Korean diplomats in New York have repeatedly refused to accept a letter from Trump and deliver it to Kim. ---------- Football: Urawa to represent J-League at revamped Club World Cup TOKYO - Urawa Reds will fly the flag as Japan's sole representative at the new 32-team Club World Cup kicking off Saturday in the United States, where hefty bonuses await the winner of each match, let alone the entire month-long tournament. Earning entry via their 2022-23 Asian Champions League triumph, Reds fittingly became Japan's inaugural entry in the overhauled event as winners of three continental titles, more than any other Japanese club. Video: War-bereaved families' final voyage to former battle sites in memory of loved ones who died at sea
