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Indian Prime Minister Narendra Modi, right, meets U.S. Vice President JD Vance, second lady Usha Vance and their children at his residence in New Delhi on April 21. (India's Press Information Bureau/handout via Reuters)
Trump tariffs

Modi, Vance tout progress on India-US trade deal

Prime minister says he looks forward to Trump's visit this year

All the major U.S. stock indexes declined on April 21.
Markets

U.S. stocks, dollar slide as Trump's attacks on Fed chair fuel anxiety

Dow, S&P 500 drop more than 2% as uncertainty rocks markets

Japan and the U.S. are expected to engage in the second round of tariff negotiations later this month. (Source photos by Nikkei) 
Trump tariffs

Japan expands US tariff task force to discuss new bargaining chips

10 full-time staffers join team with car safety standards, rice imports on table

22 April 2025
Spot demand for gold as a safe haven among Chinese buyers pushed up prices to new highs in April.
Commodities

China buyers lift 'stateless' gold to new highs amid US tensions

Trade friction drives investors away from traditional safe haven Treasurys

22 April 2025
Japanese manufacturer Iris Ohyama will spend $13 million to expand production at all four of its U.S. plants, including this one in the state of Arizona. (Iris Ohyama)
Consumer

Japan's Iris Ohyama to step up U.S. production amid Trump tariffs

Consumer goods maker plans $13m in plant expansions as cost of China exports rises

22 April 2025
A view of the MP Materials rare-earth mine in Mountain Pass, California. China's Shenghe accounted for approximately 80% of the U.S. company's consolidated revenue for the year ended December.
Trade war

U.S. miner halts rare-earth exports to China due to tariff war

Importer Shenghe admits shipments 'temporarily stopped,' says it has diversified

21 April 2025
China, led by President Xi Jinping, halted orders of U.S. soybeans and corn just days before President Donald Trump returned to the White House. (Source photos by Reuters)
Trade war

China halted orders for U.S. soybeans and corn before tariff escalation

Beijing shifts trade toward Brazil, aiming to rattle American farmers amid trade war

21 April 2025
Japanese Prime Minister Shigeru Ishiba reacts as he speaks to reporters after a Japanese negotiator held ministerial talks at the White House regarding U.S. tariffs, at the prime minister’s official residence in Tokyo on April 17.
Trump tariffs

Discussion of security issues in tariff talks not appropriate: Japan's PM

Ishiba pledges to review automobile regulations to move forward negotiations with U.S.

20 April 2025
U.S. Vice President JD Vance is heading to India for the first time. (File photo by Reuters)
Your Week in Asia

Vance in India, South Korea's post-Yoon economy, election milestones

Your weekly lineup of Asia's biggest business and political events

20 April 2025
U.S. President Donald Trump is pressuring Japan to import more U.S. automobiles. (Photo by Azusa Kawakami) 
20 April 2025
Some in the Japanese government see expanding U.S. rice exports as a way to ease a domestic shortage. (Photo by Tadanori Yoshida)
Trump tariffs

Japan weighs using rice imports card in Trump tariff talks

Tokyo considers buying more American rice amid rising domestic prices

20 April 2025
Brazilian President Luiz Inacio Lula da Silva has said he foresees no positive outcome from U.S. President Donald Trump's raising tariffs on a wide range of products.
Trade war

Brazil's Lula to meet Putin and Xi amid global trade war fears

Brazilian leader to visit Moscow and Beijing in May

19 April 2025
"Reciprocal" tariffs announced in April by President Donald Trump have sparked turmoil in the market for U.S. Treasurys.
Bonds

Who sold U.S. Treasurys? Speculation turns to hedge funds

Investors seen unwinding bets gone wrong after tariff announcement

19 April 2025
A Ford Ranger is displayed at the Auto Shanghai show, in Shanghai on April 18, 2023.
Trump tariffs

Ford halts shipments of vehicles to China amid tariffs

Beijing's retaliatory tariffs have some vehicles facing levies as high as 150%

19 April 2025
The dollar is at its weakest in three years against a basket of major currencies.
Currencies

Dollar losing trust among U.S. allies, sliding to 3-year low

Trump's policy undermines confidence in reserve currency

19 April 2025
Many of the small and midsize garment workshops in Guangzhou's Panyu district supply Chinese fast fashion giant Shein. (Photo by Kentaro Shiozaki)
Business trends

Shein suppliers closing 'all over the place' in this China garment district

U.S. tariffs force small workshops to adapt or go out of business

18 April 2025
IBM CEO Arvind Krishna said "America First" does not mean the company is barred from deploying its tech in countries like Japan. (Photo by Kotaro Igarashi)
Semiconductors

Rapidus' chip plans are 'good for world,' IBM CEO says

Arvind Krishna sees breakdown in trade relations as 'absolute potential headwind'

18 April 2025
George Glass, the new U.S. ambassador to Japan, arrives at Tokyo's Haneda International Airport on April 18, accompanied by his wife, Mary. (Photo by Sae Kamae) 
International relations

Trump donor lands in Japan as ambassador, 'optimistic' on tariff talks

George Glass emphasizes nations' friendship and highlights China threat

18 April 2025
Airlangga Hartarto, Indonesia's coordinating minister for economic affairs, pictured in 2023.
Trump tariffs

Indonesia says tariff negotiations with U.S. will conclude in 60 days

Washington requested cooperation in critical minerals and finance, minister reveals

18 April 2025
Trade experts and Chinese logistics providers say it is easy to set up shell companies in the U.S., which could be used to evade President Donald Trump's steep tariffs. (Nikkei montage)
Trump tariffs

Shell game: How China-linked front companies dodge U.S. tariffs

Strategy complicates task of collecting Trump administration's promised trillions

18 April 2025
Vietnamese General Secretary of the Communist Party To Lam, left, and Chinese President Xi Jinping review the guard of honor at the Presidential Palace in Hanoi, the first stop on Xi's five-day, three-nation Southeast Asian tour.
Trump tariffs

Southeast Asian nations face 'recalibration' challenge after Xi tour

As Pax Americana ends, China moves swiftly to fill regional void

18 April 2025
Tariffs, trade and geopolitics are set to be key topics of discussion when U.S. Vice President JD Vance, left, meets Indian Prime Minister Narendra Modi in New Delhi. (Source photos by Reuters) 
International relations

Vance to meet Modi in India as U.S.-China tariff war rages

Trade expected to top the agenda during American vice president's visit

18 April 2025
A worker walks next to a vessel under construction at the Waigaoqiao shipyard in Shanghai.
Trade war

Trump administration unveils phased fees on China-built ships, operators

USTR offers exemptions if companies order vessels from U.S. within 3 years

18 April 2025
U.S. President Donald Trump said on April 17 that China has reached out to talk after new tariffs were imposed on goods from the Asian country.
Trump tariffs

Trump signals tit-for-tat China tariffs may be near end; TikTok deal on ice

President says U.S. tariffs on Chinese goods may be lower than previously touted

18 April 2025
The number of active oil rigs in the U.S. has fallen amid a drop in crude prices. (Photo by Ryosuke Hanafusa)
Energy

Drop in oil prices looms over U.S. tariff talks with Japan

Trade partners may face pressure to buy fossil fuel as Trump seeks to drill more

18 April 2025
The yen had been gradually strengthening against the dollar amid criticism from the Trump administration over its persistent weakness.
Currencies

Yen's climb pauses after U.S. tariff talks, but investors still wary

Washington's currency concerns still on table despite absence from first meeting

17 April 2025
Hermes leapfrogged LVMH as the world's most valuable luxury group by market cap.
Trump tariffs

Hermes to pass on tariff costs to U.S. clients as sales growth slows

New No. 1 luxury group by market cap saw 1Q sales hurt by China slump

17 April 2025
Nvidia CEO Jensen Huang delivers a speech in Tokyo in 2024. He arrived in China on April 17, after a U.S. clampdown on the sale of his company's chips to the country. (Photo by Ken Kobayashi)
Semiconductors

Nvidia's Jensen Huang promises 'every effort' to serve China

CEO meets trade officials in Beijing after U.S. imposes fresh chip curbs

17 April 2025
People stand near Donald Trump's residence at Mar-a-Lago in Palm Beach, Florida, on Jan. 3, 2025. 
Opinion

A 'Mar-a-Lago Accord' would risk repeat of Plaza Accord mistake

Trump's tariff war revives 1980s-style economic thinking

17 April 2025
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