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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.

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Denmark criticises 'tone' of Vance's Greenland comments

Denmark on Saturday said it did not like the "tone" of US Vice President JD Vance comments that Copenhagen had not done enough for Greenland during a visit to the strategically placed, resource-rich Danish territory coveted by US President Donald Trump.

Mike Leigh on the 'hard truths' of film, happiness and World War III

Like the action in his widely acclaimed new film "Hard Truths", veteran British director Mike Leigh swings between gratitude and despair as he reflects on his life and career.

UK dreams of US trade deal before Trump tariffs

Britain's government is hoping to reach a last-minute post-Brexit trade agreement with Washington to avoid -- or at least mitigate -- more tariffs set to be announced on Wednesday by US President Donald Trump.

'Defiant' Canada autoworkers vow to fight tariff layoffs

Jeff Gray, a union leader for Canadians working for GM, has a message for companies considering moving auto jobs to the United States in response to President Donald Trump's tariffs.

Global markets slide as fears over US tariffs intensify

Stock markets plunged Friday as a closely watched US inflation reading heated up amid intensifying concerns over fallout from President Donald Trump's incoming wave of tariffs.

Vance says Denmark has 'under invested' in Greenland

US Vice President JD Vance accused Denmark on Friday of not having done enough to protect Greenland, when he visited the strategically placed, resource-rich Danish territory coveted by US President Donald Trump.

Record fine for UK university renews free speech row

A UK university was fined half-a-million pounds this week for its treatment of a professor accused of transphobia by students, rekindling a debate on freedom of speech in academic institutions.

Stock markets slide over US inflation, tariff fears

Stock markets took a tumble Friday as a closely watched US inflation reading heated up, adding to concerns over the fallout from an incoming wave of tariffs by President Donald Trump.

Vance lands in Greenland as anger mounts over Trump takeover bid

US Vice President JD Vance landed in Greenland on Friday for a visit to a military base viewed by Copenhagen and Nuuk as a provocation at a time when President Donald Trump is seeking to annex the strategically placed, resource-rich Danish territory.

US 'in arrears' at the WTO

The United States has not paid its 2024 dues to the World Trade Organization and is therefore now deemed to be in "arrears", the WTO's spokesman said Friday.

US Fed's preferred inflation gauge shows some cause for concern

The US Federal Reserve's preferred inflation measure was largely unchanged last month, according to government data published Friday, but a widely scrutinized gauge of underlying price pressures rose.

Germany says 'nothing off table' in US tariff row

Germany said Friday it hopes the EU and United States can negotiate an agreement on US auto tariffs but the bloc was ready to retaliate, warning: "Nothing is off the table."

Stock markets drop as autos suffer more tariff-fuelled losses

Auto companies bore the brunt of stock market losses again on Friday after President Donald Trump announced steep tariffs on vehicle imports to accompany a wave of US levies next week.

No 'spring revival' for Germany as unemployment rises

Germany's unemployment rate unexpectedly rose in March after holding steady for two months, data showed Friday, with economists lamenting no "spring revival" was in sight for Europe's ailing top economy.

Pilgrim walks across Bosnia to help heal the lasting wounds of war

Josip Jelinic knelt down in the pouring rain, leaned on a wooden crucifix and uttered words that are still rare in Bosnia, 30 years after the end of a brutal civil war.

Asian markets sink as autos suffer more tariff-fuelled losses

Auto companies once again took the brunt of the selling on another tough day for markets Friday after President Donald Trump announced steep tariffs on vehicle imports to go with a wave of other US levies pencilled in for next week.

Japan PM says Trump's tariff views hard to understand

Japanese Prime Minister Shigeru Ishiba said Friday that Donald Trump's views on tariffs were "difficult to understand" after the US president announced 25 percent levies on imported cars and parts.

The UK car loan scandal that could cost banks billions

Banks may have to pay out tens of billions of pounds if the British Supreme Court upholds a judgment ruling controversial car loans are unlawful, in a case beginning in April.

'My entire life': Saudi tailor keeps robe-making craft alive

Saudi tailor Habib Mohammed's shop once made ornate, hand-woven cloaks for royals, a time-honoured craft he is determined to preserve even as mass-produced garments flood the market, threatening his traditional business.

Regulator clears Qatar Airways-Virgin Australia alliance

Australia's competition regulator gave the go-ahead Friday for Qatar Airways to launch an alliance with Virgin Australia.

US judge orders Trump admin to save 'Signalgate' chat

A US judge ordered Donald Trump's administration on Thursday to preserve messages from a chat group used by top national security officials to discuss plans for an attack on Yemen's Huthi rebels.

Autos lead market losses after Trump unveils sharp tariffs

Automakers were battered Thursday as stock markets fell on both sides of the Atlantic after US President Donald Trump announced significant tariffs on imported vehicles and parts, pressing ahead with tough trade policies many fear will spark a recession.

Rubio warns Venezuela of force if it attacks oil-rich Guyana

Top US diplomat Marco Rubio on Thursday issued a stern warning against Venezuela if it attacks its newly oil-rich neighbor Guyana, brandishing the power of the US military to protect the small South American nation.

Era of close ties with US 'is over': Canada PM Carney

The era of deep economic, security and military ties between Canada and the United States "is over," Prime Minister Mark Carney said Thursday, after President Donald Trump announced steep auto tariffs.

US auto industry stunned by tariffs meant to save it

The 25 percent tariffs on automobiles announced by President Donald Trump are meant to revitalize American industry, but Detroit's giants were stunned Thursday by their scale and faced a beating on Wall Street.

Argentina seeking $20 billion IMF loan

Argentina has sought a $20 billion loan from the International Monetary Fund, the country's economy minister said Thursday, as the government struggles to hold on to foreign reserves while propping up an ailing currency.

Space telescope Gaia sent into 'retirement' but legacy endures

Europe's Gaia space telescope was powered down and sent into "retirement" on Thursday after a decade revealing the secrets of the Milky Way, but its observations will fuel discoveries for decades to come.

BBC launches survey on its future ahead of funding review

The BBC launched a UK-wide poll on Thursday asking audiences for their views on its future, as the cash-strapped British public broadcaster braces for a funding review.

Walmart to invest billions in Mexico despite US tariff threat

US retail giant Walmart said Thursday that it would invest more than $6 billion in Mexico this year, despite President Donald Trump's escalating trade wars with Washington's partners and competitors alike.

Autos lead market losses after Trump tariffs

Shares in automakers led stock market losses Thursday after US President Donald Trump announced painful tariffs on imported vehicles and parts as he presses hardball trade policies many fear will spark a recession.

Crisis-hit German rail operator reports another massive loss

German rail operator Deutsche Bahn reported another massive annual loss Thursday as it battles a "serious crisis" but said government plans to ramp up infrastructure spending could get it back on track.

Star-mapping space telescope Gaia sent into 'retirement orbit'

After more than a decade mapping out our home galaxy, the Gaia space telescope was powered down and sent into "retirement orbit" around the Sun on Thursday, the European Space Agency said.

The Japan Times - Economy (English)