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Japan, Honda and Trump

Japan's Honda projects plummeting profits due to Trump's tariffs

Honda has reported its profit for the fiscal year through March slipped 24.5% from the previous year as its vehicle sales in China dropped.

The New York Times · 2h

Tariff Misery in Japan: Honda and Nissan Forecast Plunges in Profit

Japanese business leaders and officials were indignant at the U.S. decision to pause China tariffs, while Japan faces economic hardship from auto levies.

Bloomberg on MSN · 1d

Japan’s Sputtering Economy Likely Stalled Before Trump’s Tariffs

Japan’s economy likely suffered a contraction in the first three months of this year, signaling underlying fragility even before US tariff measures started hitting the country in earnest, according to economists surveyed by Bloomberg.

Trump, China agree to slash tariffs for 90 days

NHK · 8h

Japan to analyze US-China trade deal ahead of next round of tariff talks

The Japanese government plans to analyze the latest US-China trade deal to prepare for its third round of tariff talks with the United States.

MSNBC · 15h

‘This is not normal’: U.S.,China agree to 90-day tariff pause but 30% is ‘still a big deal’

Stocks are rallying after the U.S. and China struck a deal that pauses most tariffs between the two countries for 90 days as President Trump signs an executive order to cut prescription drug prices. NBC News’ Christine Romans explains more.

USA Today · 21h

Trump, China agree to slash tariffs for 90 days: What to know

The Trump administration and China have agreed to slash tariffs for the next 90 days in a push to deescalate a trade war between the two countries.

19mon MSN

Nissan slashes 15% of its global work force as Japan automaker sinks into losses

TOKYO — Nissan is slashing about 15% of its global work force, or about 20,000 employees, as the Japanese automaker reported ...

1don MSN

Japan's service sentiment worsens in April as US tariffs take toll

Japan's service-sector sentiment worsened in April on concern over the impact of higher U.S. tariffs, a government survey ...

Japan’s Merchants’ Mood Hits Worst in Three Years on Tariff Woes

Sentiment among Japanese merchants sank to the lowest in more than three years, underscoring deepening concerns over the ...

4mon MSN

World trade chief says global free trade is in a 'crisis' while on visit to Japan

The head of the global trade watchdog says global free trade is facing a “crisis” as U.S. President Donald Trump disrupts ...

2don MSN

Japan PM Ishiba reiterates call to eliminate all tariffs with US

Japanese Prime Minister Shigeru Ishiba reiterated on Sunday that he will aim for the elimination of all tariffs in trade ...

43m

Honda Braces for a $4.4 Billion Tariff Bill

Tariffs could cost Japan's second-largest automaker up to 650 billion yen this financial year—equivalent to $4.4 billion and almost half last year’s profit. Reporting results Tuesday, Honda forecast a ...

Nissan increases job cuts to 20,000 as Honda warns of $3bn tariff hit

Nissan has more than doubled its number of planned job cuts to 20,000, while Honda has estimated a $3 billion (€2.7 billion) ...

4hon MSN

Japan's Nikkei jumps to 3-month peak on Sino-US tariff truce

Nikkei in Japan saw a surge, hitting a three-month high. This happened because the United States and China decided to reduce ...

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