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Nikkei Asia
11 hours ago
- Business
- Nikkei Asia
Asia braces for intensifying competition over US imports
U.S. President Donald Trump sees tariffs as a necessary and effective tool for reducing the country's trade deficits. © Reuters TORU TAKAHASHI August 11, 2025 15:00 JST TOKYO -- Many U.S. trade partners likely breathed a sigh of relief after the announcement of new American tariffs, believing they had "avoided the worst."


Nikkei Asia
28-07-2025
- Politics
- Nikkei Asia
Can BRICS spearhead a new multipolar world order?
Leaders of the newly expanded BRICS group pose for a photo at the summit in Rio de Janeiro, Brazil, on July 7. © Reuters TORU TAKAHASHI TOKYO -- One of the most pressing strategic challenges facing Japan, and many other Asian countries, is how to navigate a world marked by growing uncertainty while safeguarding the principles of multilateralism. Unfortunately, this critical issue received little attention during Japan's recent upper house election. Yet the long-standing norm of multilateral cooperation -- a cornerstone of the existing international order -- is under strain. Two recent international summits underscored this "clear and present danger" and its far-reaching repercussions.