ASEAN is at ‘center of global growth,’ its role has become ‘increasingly important for regional peace, prosperity,’ says Japanese foreign minister - Anadolu Ajansı

Trump’s new tariff letters have sent shockwaves across global markets as he targets 22 countries with tough new trade threats just weeks before the August 1 deadline. From close allies like Japan and South Korea to BRICS nations like Brazil and South Africa,

Secretary of State Marco Rubio met counterparts in Southeast Asia during his first visit to the region since taking office.

President Donald Trump this week dressed up a retreat in his trade war – delaying the imposition of tariffs from today to Aug. 1 – as a counterattack. He sent letters to 20 countries including Japan and South Korea threatening steep duties if they have not made a deal by the new deadline.

By Susan Heavey, Doina Chiacu and Bart H. Meijer WASHINGTON/BRUSSELS (Reuters) -President Donald Trump said on Monday the U.S. would impose a 25% tariff on imports from Japan and South Korea beginning August 1 as he unveiled the first two of what he has said will be a wave of letters to trading partners outlining the new levies they face.

Over the past three months, nations across the world tried to avoid new tariffs that would punish their economies by giving President Donald Trump something he might want. Indonesia offered to buy $34 billion more

The Japanese government announced Tuesday it plans to negotiate with the Trump administration over a planned increase in the tariff rate placed on it, even if it was painful news to receive.

TOKYO (Reuters) -Japan must diversify trade ties beyond the U.S. market to mitigate risks and focus on partnerships with countries favouring free trade, Hirofumi Yoshimura, co-representative of the opposition Japan Innovation Party, said on Monday.