It's not just chips — Taiwan's role in the AI supply chain is massive
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Yahoo
20 minutes ago
- Yahoo
Takeaways of US-Japan deal include potential gains for Trump, Ishiba and EU
(Reuters) -An emerging U.S.-Japanese trade deal could unlock major investment, avert a potential shock to the global economy and may deliver political wins for both U.S. President Donald Trump and Japanese Prime Minister Shigeru Ishiba, though many specifics of the agreement remain unclear. Here's a closer look at the early takeaways: * The deal stabilizes the global trade outlook by imposing a 15% tariff on Japanese goods — down from a threatened 25% — while Japan commits to investing $550 billion in the U.S. economy, a boost to U.S. jobs. It almost certainly averts a worst-case scenario for the Japanese economy. Moreover, if it signals that the balance of U.S. tariff rates are likely to settle in that range, Jefferies Chief Economist and Strategist for Europe Mohit Kumar said: "the world can live with 15% or so tariffs." * Trump gains some political capital ahead of November 2026 midterm elections by reinforcing his 'America First' trade stance and potentially bolstering his influence with industrial and agricultural constituencies while avoiding the market instability that loomed under earlier tariff threats. Still, not every U.S. constituency was happy with the announcement. The decision has angered the Detroit Three automakers, who still face a 25% levy on significant segments of their non-U.S. produced vehicles. * For Ishiba, the deal is a diplomatic and economic win amid domestic political turbulence. Just days earlier, Japan's ruling coalition lost its majority in upper house elections. * Analysts say the deal could serve as a benchmark for other economies negotiating with Washington, including the EU and China, both facing August tariff deadlines. * American exporters could gain broader access to Japan's markets, especially in autos and agriculture — sectors vital to U.S. economic growth. * Global financial markets are rallying led by automakers. Stocks of major Japanese firms surged following the announcement, and capital inflows are expected to continue as investors seek exposure to Japan's innovation-led growth. * Despite the investment commitments, the deal may not significantly reduce the U.S. trade deficit with Japan in the short term. Critics argue that without stronger enforcement mechanisms or structural reforms, the imbalance could persist. * A 15% tariff, though lower than the threatened 25%, still represents a significantly higher import tax for consumer goods, especially for cars and electronics, which are heavily imported to the U.S. from Japan. Yale Budget Lab last week estimated the overall average U.S. tariff rate under Trump's policy shifts has climbed to around 20% from between 2% and 3% prior to his return to the White House in January. Sign in to access your portfolio
Bloomberg
22 minutes ago
- Bloomberg
Stock Market Too Focused on Goldilocks Outcome
With about one week left to negotiate, by my count the Trump administration has struck four trade agreements in its push to reset the trade relationship of the US with the rest of the world. Reports on Wednesday suggesting a deal with the EU may be close could make it five. Still, that's not the 90 that the US Commerce Secretary promised three months ago. Markets have tended — except in the initial panic after the president's April 2 tariff announcement — to act like we'd arrive at a good place in due course — the Goldilocks outcome. With the Aug. 1 deadline right around the corner, I still see that as just a tail-risk -- one that is unlikely -- and I'll explain why below. But let's suspend disbelief first and and examine what that (not-impossible) Goldilocks scenario involves and what it would mean for markets.
Associated Press
22 minutes ago
- Associated Press
$6.16 Billion Market is Formalizing Through Manufacturer-Led Returns, Specialized Platforms, and Circular Design Alignment
DUBLIN--(BUSINESS WIRE)--Jul 23, 2025-- The 'Japan Recommerce Market Intelligence Databook - 60+ KPIs, Market Size, Share & Forecast by Channel, Category & Consumer Segment - Q2 2025 Update' report has been added to offering. The recommerce market in Japan is expected to grow by 10.2% on annual basis to reach US$6.16 billion in 2025. The recommerce market in the country experienced robust growth during 2020-2024, achieving a CAGR of 12.7%. This upward trajectory is expected to continue, with the market forecast to grow at a CAGR of 8.4% during 2025-2029. By the end of 2029, the recommerce market is projected to expand from its 2024 value of USD 5.59 billion to approximately USD 8.50 billion. This report provides a detailed data-centric analysis of the recommerce market in Japan, covering market opportunities and risks across consumer segments (peer-to-peer and business-led resale); product categories; sales channels; and resale formats. With over 60+ KPIs at the country level, this report provides a comprehensive understanding of recommerce market dynamics. Recommerce in Japan Is Formalizing Through Manufacturer-Led Returns, Specialized Platforms, and Circular Design Alignment Japan's recommerce market is transitioning from informal peer-to-peer resale to structured, compliance-aligned, and specialist-operated ecosystems. With strong cultural foundations in repair and reuse, the sector is now scaling through OEM-controlled refurbishment programs, vertical resale platforms, and government-backed circular economy initiatives. Electronics, fashion, and home goods are leading the shift. Japan's recommerce ecosystem is consolidating around domestic platform champions, OEM resale programs, and retail enablers. Government policy and circular economy goals are reinforcing the growth of structured resale networks. Electronics and fashion recommerce in Japan are entering a phase of formal consolidation. Manufacturers, telcos, and resale platforms are scaling refurbishment and resale infrastructure in response to policy alignment and consumer demand. Government compliance and platform specialization will be the defining features of Japan's recommerce evolution over the next 2-4 years. Electronics Recommerce Is Being Institutionalized by OEM-Controlled Trade-In and Refurbishment Apparel Recommerce Is Expanding Through Department Store Partnerships and Platform-Led Models Competitive Landscape in Japan Is Being Shaped by Platform Leaders and Policy-Aligned Resale Infrastructure Domestic Platforms Are Scaling Recommerce Through Category Specialization OEMs and Retailers Are Partnering on Take-Back and Refurbishment Scope Japan Recommerce Market Size and Growth Dynamics Japan Recommerce Market Size and Forecast by Sector Japan Recommerce Market Size and Forecast by Retail Category Japan Recommerce by Channel Japan Recommerce by Sales Model Japan Recommerce by Digital Engagement Channel Japan Recommerce by Platform Type Japan Recommerce by Device and OS Japan Recommerce by City Tier Japan Recommerce by Payment Instrument Japan Recommerce Market Share Analysis Japan Recommerce by Consumer Demographics Key Attributes: For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. View source version on CONTACT: Laura Wood, Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 KEYWORD: JAPAN ASIA PACIFIC INDUSTRY KEYWORD: TECHNOLOGY ELECTRONIC COMMERCE SOURCE: Research and Markets Copyright Business Wire 2025. PUB: 07/23/2025 02:25 PM/DISC: 07/23/2025 02:25 PM
