Barcelona to play Japan friendly
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The U.S. found out this year that China could use its chokehold on rare-earth minerals as a coercive tool. For Japan, it was déjà vu: It had been the victim 15 years earlier.
Analysts at Bank of America said that the Japan deal "looks like a reasonable blueprint" for other auto-exporting countries like South Korea.
The deal imposes 15% tariffs on Japanese cars and other goods, one of the more favorable rates. While the start date and other basic elements are still unknown, Treasury Secretary Scott Bessent warned this week that the US would monitor implementation and bump the rate up to 25% if Trump isn’t satisfied.
Trump said the U.S. will impose a 15% tariff on Japanese imports under the agreement, which he hailed as "maybe the largest deal in history."
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U.S. automakers worry that President Donald Trump’s agreement to tariff Japanese vehicles at 15% would put them at a competitive disadvantage, saying they will face steeper import taxes on steel, aluminum and parts than their competitors,
Japanese Prime Minister Shigeru Ishiba signaled he intends to stay in office despite a growing number of calls within the ruling party for him to step down after an election setback last week.
That's down from the 25% levies he proposed earlier this month. Japan's prime minister says duties on autos from his nation will be cut to 15% from 25%.
"They are the party of YouTube," said Jeffrey Hall, a lecturer at Kanda University of International Studies who has authored a book on right-wing politics in Japan.
After months of fraught negotiations with the United States, Japan clinched a deal just days before punitive tariffs were scheduled to take effect.
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Urban explorer discovers ‘ghost town’ full of empty, eerie hotels in Japan: ‘Like a time capsule’
An urban explorer has uncovered a hauntingly preserved resort town in Japan, where towering hotels sit crumbling along a riverside cliff. It’s been untouched for over three decades, according to reports.
Hiroshi Mikitani, CEO of Rakuten and president of Vissel Kobe, played a major role in fixing the issues that almost led to the cancellation of Barcelona’s friendly match in Japan. The game, set to