Latest news with #Japan-made
Yahoo
5 days ago
- Business
- Yahoo
Japan to propose cooperation on rare earths in US tariff talks, Nikkei reports
TOKYO (Reuters) - Japan is planning to propose strengthening cooperation with the United States on rare earth supply chains in upcoming tariff talks, with recent export restrictions by China in mind, the Nikkei business daily reported on Thursday. Japan's Jiji Press also reported that the U.S. had shown flexibility in reducing an additional portion of reciprocal tariffs imposed on Japan. President Donald Trump hit Japan with 24% tariffs on its exports to the U.S., although, as with many of his levies, he paused them until early July to allow time for negotiations. A 10% universal rate remains in place in the meantime. The U.S. has signalled flexibility in lowering the currently suspended additional 14%, Jiji also reported, without citing any sources. Japan's chief tariff negotiator, Ryosei Akazawa, is heading to Washington from Thursday for a fifth round of talks with U.S. counterparts, including Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick. Japan has been urging the U.S. to review its tariff policies, including the 25% import levies on Japan-made vehicles. Car manufacturing is Japan's biggest industry.
Reuters
5 days ago
- Business
- Reuters
Japan to propose cooperation on rare earths in US tariff talks, Nikkei reports
TOKYO, June 5 (Reuters) - Japan is planning to propose strengthening cooperation with the United States on rare earth supply chains in upcoming tariff talks, with recent export restrictions by China in mind, the Nikkei business daily reported on Thursday. Japan's Jiji Press also reported that the U.S. had shown flexibility in reducing an additional portion of reciprocal tariffs imposed on Japan. President Donald Trump hit Japan with 24% tariffs on its exports to the U.S., although, as with many of his levies, he paused them until early July to allow time for negotiations. A 10% universal rate remains in place in the meantime. The U.S. has signalled flexibility in lowering the currently suspended additional 14%, Jiji also reported, without citing any sources. Japan's chief tariff negotiator, Ryosei Akazawa, is heading to Washington from Thursday for a fifth round of talks with U.S. counterparts, including Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick. Japan has been urging the U.S. to review its tariff policies, including the 25% import levies on Japan-made vehicles. Car manufacturing is Japan's biggest industry.
Yahoo
5 days ago
- Business
- Yahoo
Japan to propose cooperation on rare earths in US tariff talks, Nikkei reports
TOKYO (Reuters) - Japan is planning to propose strengthening cooperation with the United States on rare earth supply chains in upcoming tariff talks, with recent export restrictions by China in mind, the Nikkei business daily reported on Thursday. Japan's Jiji Press also reported that the U.S. had shown flexibility in reducing an additional portion of reciprocal tariffs imposed on Japan. President Donald Trump hit Japan with 24% tariffs on its exports to the U.S., although, as with many of his levies, he paused them until early July to allow time for negotiations. A 10% universal rate remains in place in the meantime. The U.S. has signalled flexibility in lowering the currently suspended additional 14%, Jiji also reported, without citing any sources. Japan's chief tariff negotiator, Ryosei Akazawa, is heading to Washington from Thursday for a fifth round of talks with U.S. counterparts, including Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick. Japan has been urging the U.S. to review its tariff policies, including the 25% import levies on Japan-made vehicles. Car manufacturing is Japan's biggest industry. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Arab Times
06-04-2025
- Arab Times
Kuwaiti Man Assaulted and Abused in Parking Dispute
KUWAIT CITY, April 6: A young Kuwaiti man in his twenties filed a report at the Farwaniya police station, claiming that he was beaten, verbally abused, and slandered by a Japan-made vehicle driver he did not know. The incident occurred after a disagreement over a parking space in front of a shopping mall. The citizen stated that while waiting for a car to vacate a parking spot in front of a mall in Farwaniya, he was surprised when another car, driven by an unknown person, occupied the space. When the man approached the driver to address the situation, he was verbally abused, slandered, and then pushed back. The driver also threatened him. As a result, a case has been registered, and the matter has been referred to the investigations department for further action and to locate the perpetrator.
Japan Times
05-03-2025
- Business
- Japan Times
Japan aims to triple domestic cybersecurity industry sales in next decade
Japan has set a goal of more than tripling its domestic cybersecurity industry sales in the next decade, from the current ¥900 billion ($6 billion) to ¥3 trillion. Japan-made cybersecurity products occupy less than half of the nation's domestic market share at the moment, according to the government's first industrial strategy on cybersecurity released by the economy ministry on Wednesday. Expanding the domestic cybersecurity industry would enable security products and services to be better suited to domestic needs, making it strategically important for national security, the ministry said.
