Today, the Trump administration’s reciprocal tariffs take effect on dozens of nations. His tactics reflect a distrust of central tenets that have guided U.S. trade policy for the past four decades. The President has identified persistently high U.S. trade deficits as a problem. Many economists say the solution involves solutions that tariffs won’t fix. #tariffs #trade#Trump

https://www.csmonitor.com/Business/2025/0807/tariff-trade-india-deadline-trump?utm_source=flipboard&utm_medium=activitypub

Posted into The American Story @the-american-story-csmonitor

Today, the Trump administration’s reciprocal tariffs take effect on dozens of nations. His tactics reflect a distrust of central tenets that have guided U.S. trade policy for the past four decades. The President has identified persistently high U.S. trade deficits as a problem. Many economists say the solution involves solutions that tariffs won’t fix. #tariffs #trade#Trump

https://www.csmonitor.com/Business/2025/0807/tariff-trade-india-deadline-trump?utm_source=flipboard&utm_medium=activitypub

Posted into The American Story @the-american-story-csmonitor

The United States imposes a 15% 'reciprocal' tariff on most Japanese goods as the two sides disagree about the method of its calculation. https://www.japantimes.co.jp/business/2025/08/07/economy/reciprocal-tariff-effective/?utm_medium=Social&utm_source=mastodon #business #economy #ryoseiakazawa #tariffs #shigeruishiba #donaldtrump #trade #carmakers #us #japaneseeconomy #usjapanrelations #scottbessent

South Korea's top trade envoy has said that Samsung Electronics and SK Hynix won't be subject to 100% U.S. tariffs on chips, with the country benefiting from favorable rates on chips under its deal with Washington. https://www.japantimes.co.jp/business/2025/08/07/tech/south-korea-samsung-sk-hynix-tariffs/?utm_medium=Social&utm_source=mastodon #business #tech #southkorea #samsung #skhynix #us #donaldtrump #trade #tariffs #republicans #semiconductors

Brazilian President Luiz Inacio Lula da Silva sees no point for direct talks with U.S. President Donald Trump on tariffs, which he said would likely be a "humiliation," even as goods from his country incur high rates. https://www.japantimes.co.jp/news/2025/08/07/world/politics/brazil-president-tariff-trump/?utm_medium=Social&utm_source=mastodon #worldnews #politics #brazil #luizinacioluladasilva #us #donaldtrump #trade #tariffs

U.S. President Donald Trump says he will impose a 100% tariff on semiconductor imports, though companies moving production back to the United States will be exempted. https://www.japantimes.co.jp/business/2025/08/07/tech/trump-chips-tariff-apple/?utm_medium=Social&utm_source=mastodon #business #tech #timcook #semiconductors #apple #us #donaldtrump #trade #tariffs

U.S. President Donald Trump's tirade against India over trade and Russian oil purchases threatens to undo two decades of diplomatic progress, analysts and officials say. https://www.japantimes.co.jp/news/2025/08/07/world/politics/india-us-trade-oil-fallout/?utm_medium=Social&utm_source=mastodon #worldnews #politics #narendramodi #india #us #donaldtrump #trade #tariffs

U.S. President Donald Trump’s aggressive economic policies during his second term — including sweeping tariffs — risk triggering long-term damage to U.S. competitiveness, trust in the dollar. https://www.japantimes.co.jp/commentary/2025/08/06/world/economic-cost-of-trumps-agenda/?utm_medium=Social&utm_source=mastodon #commentary #worldnews #donaldtrump #useconomy #tariffs #trade #usdollar

Honda raised its annual profit forecast even as its quarterly figure took a hit from U.S. President Donald Trump’s tariffs on cars and car parts imported to the United States. https://www.japantimes.co.jp/business/2025/08/06/companies/honda-raises-profit-forecast/?utm_medium=Social&utm_source=mastodon #business #companies #honda #carmakers #us #tariffs #trade

U.S. President Donald Trump said the $550 billion of investment pledged by Japan is 'our money' and that he is free to deploy it as he wishes. https://www.japantimes.co.jp/business/2025/08/06/economy/trump-money-is-ours/?utm_medium=Social&utm_source=mastodon #business #economy #ryoseiakazawa #tariffs #shigeruishiba #donaldtrump #trade #carmakers #us #japaneseeconomy #usjapanrelations #scottbessent

Indian officials have struggled to engage in diplomatic talks with U.S. President Donald Trump’s administration because key foreign policy roles in Washington remain unfilled. https://www.japantimes.co.jp/news/2025/08/06/world/politics/trump-staffing-india-us/?utm_medium=Social&utm_source=mastodon #worldnews #politics #us #donaldtrump #trade #tariffs #republicans #india

Sweeping tariffs imposed by U.S. President Donald Trump are leaving their mark on the U.S. economy in trade and beyond, with businesses saying new import taxes are driving up costs and making planning more difficult. https://www.japantimes.co.jp/business/2025/08/06/economy/us-trade-gap-tariffs-service-sector/?utm_medium=Social&utm_source=mastodon #business #economy #us #donaldtrump #trade #tariffs #republicans #economicindicators

Akazawa returns to the U.S. for more talks as the tariff deal looks shaky due in part to differences in the interpretation of the agreement. https://www.japantimes.co.jp/business/2025/08/05/economy/akazawa-ninth-round/?utm_medium=Social&utm_source=mastodon #business #economy #ryoseiakazawa #tariffs #shigeruishiba #donaldtrump #trade #carmakers #us #japaneseeconomy #usjapanrelations #scottbessent

Trump’s tariff-heavy trade revolution has defied early economic doomsday predictions but triggered global realignments and raised questions about the long-term cost to American power and prosperity. https://www.japantimes.co.jp/commentary/2025/08/05/world/doomsayers-wrong-on-trump-tariffs/?utm_medium=Social&utm_source=mastodon #commentary #worldnews #donaldtrump #us #useconomy #tariffs #trade #globaleconomy

As South Korea and the United States prepare for a summit of their leaders, topics left unresolved by a recent trade deal provide scope for more disputes between the key allies and trade partners. https://www.japantimes.co.jp/business/2025/08/05/korea-us-summit-trade-deal/?utm_medium=Social&utm_source=mastodon #business#leejaemyung #southkorea #us #donaldtrump #trade #tariffs

U.S. President Donald Trump has again threatened to raise tariffs on goods from India over its Russian oil purchases, while New Delhi called his attack "unjustified" and vowed to protect its economic interests. https://www.japantimes.co.jp/news/2025/08/05/world/politics/trump-india-tariffs-russian-oil/?utm_medium=Social&utm_source=mastodon #worldnews #politics #narendramodi #india #us #donaldtrump #trade #tariffs #oil #russia #russiaukrainewar #vladimirputin

Opposition parties, concerned about U.S. President Donald Trump’s unpredictable diplomacy, said the U.S.-Japan trade agreement must be in writing — a step the government fears could impact planned tariff reductions. https://www.japantimes.co.jp/news/2025/08/04/japan/politics/budget-committee/?utm_medium=Social&utm_source=mastodon #japan #politics #shigeruishiba #ldp #dpp #cdp #diet #tariffs #trade #usjapanrelations #us #japaneseeconomy #donaldtrump #nipponishinnokai #yoshihikonoda #yuichirotamaki

China is not merely moving more goods; it is exporting a new, ruthlessly efficient production model powered by automation, AI and state-guided industrial optimization. https://www.japantimes.co.jp/commentary/2025/08/04/world/chinas-unbeatable-new-export/?utm_medium=Social&utm_source=mastodon #commentary #worldnews #china #chineseeconomy #automation #ai #production #trade #deepseek #evs

The Philippines may temporarily suspend rice imports to support local farmers in the world’s biggest buyer, potentially increasing the risk of expanding a global surplus. https://www.japantimes.co.jp/business/2025/08/04/rice-importer-philippines-farmers/?utm_medium=Social&utm_source=mastodon #business #philippines #rice #agriculture #trade #southeastasia

By capitulating to U.S. President Donald Trump’s bullying, the EU has cemented its dependence on the United States and will become a prosperous yet powerless appendage of the American empire. https://www.japantimes.co.jp/commentary/2025/08/04/world/the-european-economic-surrender/?utm_medium=Social&utm_source=mastodon #commentary #worldnews #donaldtrump #ursulavonderleyen #eu #euusrelations #trade #tariffs