Hong Kong Security Law casts long shadow
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Japan Times
3 hours ago
- Japan Times
Nippon Steel aiming to prove value of Japan-U.S. cooperation, chairman says
Nippon Steel Chairman Eiji Hashimoto said in a meeting with Prime Minister Shigeru Ishiba on Wednesday that he wants to prove the value of cooperation between Japanese and U.S. manufacturers through his company's acquisition of United States Steel. "We want to improve the quality of U.S. Steel and prove that cooperation between Japanese and U.S. manufacturers is useful," Hashimoto said at the start of the meeting at the prime minister's office, in which other Nippon Steel executives also attended. He reported to the prime minister that the takeover has been completed, and expressed gratitude for the Japanese government's support over the buyout effort. Ishiba explained that Tokyo is continuing to urge the administration of U.S. President Donald Trump to review its high tariffs, saying that Japan is calling attention to investments rather than tariffs as it advances negotiations with the United States. Nippon Steel's acquisition of U.S. Steel, made possible through a commitment for massive investments, "can be a model case for future Japan-U.S. relations," the prime minister said. "The trend of the government strengthening its involvement in the economy and business will not change," Hashimoto told reporters after the meeting with Ishiba. "I think it will continue." On Trump's dissatisfaction over automobile trade between the two countries, Hashimoto said that "there is too much focus on the competitiveness of Japanese cars in the U.S. market as (the U.S. government) places importance on the manufacturing industry."
NHK
3 hours ago
- NHK
Trump remark on Japan tariff hike may be mere threat, Japanese economist says
A Japanese economist has said that signaling by US President Donald Trump of a tariff hike on Japan is probably just a threat reflecting dissatisfaction with an uncompromising trade partner. Kiuchi Takahide, executive economist at Nomura Research Institute, spoke to NHK on Wednesday. He said the United States preferentially held talks with Japan initially to conclude a deal with Tokyo as a leading example for trade negotiations with other countries. Kiuchi added that Trump seems frustrated that Japan has conceded less than he expected in the talks so far. The economist said Trump's remark that he would force Japan to pay higher tariffs is merely a threat at the moment because if tariffs are tightened, US import prices will rise, affecting the country's economy this summer. He said if that happens, criticism of Trump's tariff policy within the US will increase, and financial markets could be thrown into confusion. As for Japanese delegates' repeatedly visiting the US for the negotiations, Kiuchi said such action can emphasize Japan's desire to reach an agreement with the US but will not necessarily lead to a deal. Kiuchi concluded that the US tariff policy will come to a standstill and the country may cut tariffs on its own in the next few months, so it would not benefit Japan to make concessions before that.
NHK
4 hours ago
- NHK
Dalai Lama says Tibetan tradition will determine his successor
The exiled spiritual leader of Tibetan Buddhism, the Dalai Lama, said on Wednesday that his successor will be chosen based on Tibetan tradition, without any interference from others. The move goes against Beijing's insistence that it will make the selection. The video statement came during a meeting of Buddhist monks in the northern Indian city of Dharamshala, the seat of the Tibetan government in exile. The 14th Dalai Lama said that the Gaden Phodrang Trust, or the Office of His Holiness the Dalai Lama, will have the sole authority to recognize his future reincarnation. Tibetan Buddhists believe that when a high ranking monk dies, the reincarnated child will be found and become the successor. An official of the Trust said the Nobel Peace Prize laureate is in good health. He turns 90 on Sunday. He fled to India in 1959 after China's suppression of an uprising in Tibet. Beijing considers the Dalai Lama a separatist. China's Foreign Ministry Spokesperson Mao Ning responded to his statement, saying the reincarnation of the Dalai Lama must adhere to the principle of a domestic search and approval by the central government.
