Latest news with #KENMORIYASU
Nikkei Asia
3 days ago
- Business
- Nikkei Asia
US to correct tariff order and make reimbursements, Japan envoy says
Ryosei Akazawa, Japan's top tariff negotiator, speaks to reporters in Washington on Aug. 7. © Kyodo KEN MORIYASU WASHINGTON -- President Donald Trump's administration has agreed to correct a presidential order on tariffs and reimburse all mistakenly collected levies, Japanese trade envoy Ryosei Akazawa told reporters on Thursday.
Nikkei Asia
01-08-2025
- Business
- Nikkei Asia
5 takeaways from new US tariffs: Trump and UK win, South Korea loses
U.S. flags flutter in front of shipping containers at the Port of Long Beach in California on July 11. © Reuters KEN MORIYASU and PAK YIU WASHINGTON/NEW YORK -- President Donald Trump's self-imposed trade deadline expired on Friday, putting in place a new trade landscape -- one in which countries pay for the right to access the American market. Since Trump announced "reciprocal" tariffs on countries around the world on April 2, nations have been negotiating with Trump administration officials on terms to reduce the tariff burden.
Nikkei Asia
23-07-2025
- Business
- Nikkei Asia
Japan to buy 100 Boeings, $8bn in crops and other goods: White House
Japan pledged to buy Boeing jets and other goods as part of its bilateral trade deal with the U.S., according to a White House official. © Reuters KEN MORIYASU WASHINGTON -- Japan has committed to stepping up purchases of American airplanes, defense equipment, and rice and other agricultural products as part of its trade deal with the U.S., the White House said on Wednesday. Tokyo promised to buy 100 Boeing airplanes, purchase $8 billion in agricultural and other products, and increase defense procurement from U.S. companies by about $3 billion to $17 billion, the White House confirmed to Nikkei Asia. As part of the deal, Japan will boost rice imports from the U.S. by 75%.
Nikkei Asia
23-07-2025
- Business
- Nikkei Asia
Japan to buy 100 Boeing planes, $8bn in crops and other goods: White House
Japan pledged to buy Boeing jets and other goods as part of its bilateral trade deal with the U.S., according to a White House official. © Reuters KEN MORIYASU WASHINGTON -- Japan has committed to stepping up purchases of American airplanes, defense equipment, and rice and other agricultural products as part of its trade deal with the U.S., the White House said on Wednesday. Tokyo promised to buy 100 Boeing airplanes, purchase $8 billion in agricultural and other products, and increase defense procurement from U.S. companies by about $3 billion to $17 billion, the White House confirmed to Nikkei Asia. As part of the deal, Japan will boost rice imports from the U.S. by 75%.
Nikkei Asia
23-07-2025
- Business
- Nikkei Asia
US and Japan agree on trade deal to reduce tariffs to 15%
KEN MORIYASU WASHINGTON -- President Donald Trump announced Tuesday that the U.S. had agreed to a trade deal with Japan, that would bring down "reciprocal" tariffs from 25% to 15%. Writing on Truth Social Tuesday night, the president said, "We just completed a massive Deal with Japan, perhaps the largest Deal ever made."
