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India's Modi in Sri Lanka for defence and energy deals

Sri Lanka's leader rolled out the red carpet on Saturday for Prime Minister Narendra Modi, as Colombo balances ties with neighbouring giant India and its biggest lender, China.

Fractious Republicans seek unity over Trump tax cuts

US senators were set to vote Saturday on unlocking trillions of dollars for sweeping tax cuts promised by President Donald Trump, despite bitter infighting among the majority Republicans over the savings that will be needed to fund them.

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Trump's global tariff takes effect in dramatic US trade shift

US President Donald Trump's widest-ranging tariffs to date took effect Saturday, in a move which could trigger retaliation and escalating trade tensions that could upset the global economy.

Lula admits 'still a lot to do' for Indigenous Brazilians

Brazilian President Luiz Inacio Lula da Silva admitted Friday that his government "still has a lot to do" for Indigenous communities battling for survival in the Amazon rainforest.

California to defy Trump's tariffs to allay global trade fears

California Governor Gavin Newsom said Friday that he will seek agreements with the rest of the world to avoid the expected retaliations against US President Donald Trump's tariffs.

Intercommunal violence kills dozens in central Nigeria

Suspected intercommunal violence in Nigeria's north-central Plateau state earlier this week has killed more than 40 people, officials told AFP on Friday.

Trump goads China as global trade war escalates

President Donald Trump goaded China on Friday after the US's chief economic rival retaliated against his tariffs, and he dismissed falling stock markets over the growing global trade war, touting it as a chance to "get rich."

How can the EU respond to Trump tariffs?

The EU has said "everything is on the table" as it readies its response -- including possibly targeting US Big Tech and taxing more American goods -- to President Donald Trump's sweeping new tariffs should talks with Washington fail.

Canada loses jobs for first time in 3 years as US tariffs bite

Employment in Canada fell for the first time in three years in March, the national statistical agency said Friday, as uncertainty over US tariffs led businesses to cut staff and stall hiring.

US job growth strong in March but Trump tariff impact still to come

US hiring soared past expectations in March, government data showed Friday, but analysts warn this is "old news" as the full effects of President Donald Trump's tariffs and federal cuts have yet to ripple through the country.

Stocks, oil slump as China retaliates and Trump digs in heels

Equities and oil prices extended a global rout for markets Friday after China hit back over President Donald Trump's tariff blitz with its own mammoth levy on US goods, inflaming global trade war fears.

US hiring beats expectations in March as tariff uncertainty brews

Hiring in the United States was stronger than expected in March, government data showed Friday, even as uncertainty brewed over the wider effects of President Donald Trump's tariffs and other policies.

Where things stand in the US-China trade war

China has hit back against US President Donald Trump's "liberation day" tariffs, slapping 34 percent levies on all imports of American goods.

Taiwan earmarks $2.7 bn to help industries hit by US tariffs

Taiwan has earmarked $2.7 billion to help industries affected by US President Donald Trump's new tariffs, the government said Friday.

Trump unveils first $5 million 'gold card' visa

US President Donald Trump unveiled the first "gold card", a residency permit sold for $5 million each, aboard Air Force One on Thursday.

BP chairman to step down after energy strategy reset

BP on Friday said chairman Helge Lund will step down after a major reset at the British energy giant that saw it recently shelve carbon-reduction targets to focus on fossil fuel output.

Pacific nations perplexed, worried by Trump tariffs

Pacific island nations hit hardest by US President Donald Trump's trade tariffs are querying the "unfair" impost, and they are fearful of the impact.

Japan PM says Trump tariffs a 'national crisis'

US President Donald Trump's tariffs on Japanese goods are a "national crisis", Prime Minister Shigeru Ishiba said Friday ahead of cross-party talks on mitigating the impact.

EU leaders push for influence at Central Asia summit

Top EU leaders were in Uzbekistan on Friday for a major summit with the heads of five Central Asian states, seeking to press their influence and boost ties in the face of Russian and Chinese competition.

Asian stocks extend global rout after Trump's shock tariff blitz

Equities extended losses in Asia on Friday, extending a global rout inflicted by Donald Trump's tariff blitz that has inflamed a trade war and ramped up recession and inflation fears.

Where Trump's tariffs could hurt Americans' wallets

As global financial markets plunge in the wake of US President Donald Trump's "Liberation Day" tariffs, Americans must also grapple with the potentially long-lasting impact of the move on household budgets.

Trump tariffs on Mexico: the good, the bad, the unknown

At first glance, Mexico got off lightly from Donald Trump's "Liberation Day" tariffs blitz.

With tariff war, Trump also reshapes how US treats allies

Japan and Taiwan promised billions in investment. Britain offered an invitation from the king. In the end, even US allies failed to dissuade President Donald Trump from hitting them with tariffs, which threaten to remake not just the global economy but the foundations of US foreign policy.

Penguin memes take flight after Trump tariffs remote island

Donald Trump's tariffs have become a black and white issue on social media, where penguin memes have gone viral after he targeted an island inhabited by the flightless birds, but no people.

'Everyone worried' by Trump tariffs in France's champagne region

With the United States the largest export market for champagne, producers of France's leading sparkling wine had little to celebrate on Thursday about facing an additional 20 percent tariff, although they held out hope for negotiations.

UK avoids worst US tariffs post-Brexit, but no celebrations

More than four years after the UK's withdrawal from the European Union became effective, Britain has escaped harsher US tariffs, facing only half of the 20 percent imposed on its EU neighbours.

Canada imposing 25% tariff on some US auto imports

Canada said it would impose a 25 percent tariff on some autos imported from the United States, retaliating against President Donald Trump's levies that came into affect on Thursday.

Lesotho, Africa's 'kingdom in the sky' jolted by Trump

US President Donald Trump in March ridiculed Lesotho as a place "nobody has ever heard of" and then this week hit the tiny African kingdom with the highest of his reciprocal trade tariffs for any single nation.

Trump's trade math baffles economists

Trade economists were scratching their heads on Thursday at the formula used by the White House to measure trade imbalances and inflict punishment on all its global trading partners.

Macron calls for suspension of investment in US until tariffs clarified

French President Emmanuel Macron on Thursday called for a suspension of investment in the United States until Donald Trump's "brutal and unfounded" new tariffs against Europe and the rest of the world were clarified.

Trump tariffs hammer global stocks, dollar and oil

Stock markets and the dollar tumbled Thursday after President Donald Trump's latest worldwide tariff salvo fanned a trade war that many fear will spark recession and ramp up inflation.

Mexico president welcomes being left off Trump's new tariffs list

President Claudia Sheinbaum of Mexico, the United States' top trading partner, on Thursday welcomed her country's exclusion from the list of nations targeted in Donald Trump's latest round of import tariffs.

Lesotho hardest hit as new US tariffs rattle Africa

The small African kingdom of Lesotho feared the worst for its textile industry Thursday after US President Donald Trump imposed 50-percent tariffs on its imports, the highest for a single nation.

Stellantis pausing some Canada, Mexico production over Trump auto tariffs

Auto giant Stellantis said Thursday it was pausing production at some plants in Canada and Mexico, the first disruptions to hit the sector since US President Donald Trump's tariffs on foreign-made vehicles came into force.

The Japan Times - Economy (English)