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The preliminary agreement suggests there is a path forward to lowering the auto duties on other major trading partners, as well.President Donald Trump’s “massive” trade deal with Japan is buoying foreign carmakers — and alarming American car companies who fear they are now at a disadvantage.Trump imposed a 25 percent tariff on all foreign auto manufacturers in early April, a duty that also applies to cars made by U.S. companies from parts imported from Mexico and Canada. But now, the president is planning to lower the tariff to 15 percent for Japanese autos and auto parts, the White House confirmed...

SummaryStocks rally, driven by auto makers China, EU face looming deadlines Trade deal not seen adding to inflation FRANKFURT, July 23 (Reuters) - Japan's trade agreement with the U.S. could serve as the benchmark for many other deals currently being negotiated with Washington, and the global economy could just about support the 15% level agreed overnight, economists said.Tokyo's deal with the U.S. lowers tariffs on auto imports to 15% from levies totalling 27.5% previously. Duties that were due to come into effect on other Japanese goods from August 1 will also be cut to 15% from 25%.The Reuters Daily Briefing...

The Japanese essentially did not want to face a 25% tariff on automobiles exported to the USA. At the same time, they did not want to permit full USA access to several sectors of their market. The solution is quite remarkable.Japan agrees to be the bank, to essentially finance any national security priority of President Trump to the tune of $55o billion. In return, Japan gets a 15% tariff on automobiles, and 10% return on the profit of the ¹business they finance in the U.S. Japan is essentially purchasing a lower tariff rate.PRESIDENT TRUMP – “We just completed a massive...

We just completed a massive Deal with Japan, perhaps the largest Deal ever made. Japan will invest, at my direction, $550 Billion Dollars into the United States, which will receive 90% of the Profits. This Deal will create Hundreds of Thousands of Jobs — There has never been anything like it. Perhaps most importantly, Japan will open their Country to Trade including Cars and Trucks, Rice and certain other Agricultural Products, and other things. Japan will pay Reciprocal Tariffs to the United States of 15%. This is a very exciting time for the United States of America, and especially for...

Japanese researchers observed the transverse Thomson effect for the very first time, and it could groundbreaking. A Thermoelectric Seebeck module (w:en:Thermoelectric generator) manufactured by TECTEG MFR. Gerardtv ====================================================================== Researchers in Japan observed the transverse Thomson effect for the very first time, a thermoelectric phenomenon that allows the control of the direction of heating and cooling flows by changing the direction of the magnetic field. The scientific understanding of how heat and electricity interact stems from the 19th century. At the time, physicists only theorized the existence of a transverse Thomson effect, which refers to the direction in which an electric...

During the pandemic, the Japanese government imposed draconian restrictions on its citizens, as did many other countries, including the United States, which had no lack of enthusiastic adherents. Many of those COVID measures were complicated by Japanese culture and social structure (slow vaccine rollouts, etc.), and the deaf ear the ruling government turned to the public when there was significant conflict between their plans and public wishes. As there is no viable political competition, there is little impetus for the government to heed the voice of the people....Japan’s inability to adapt structurally and culturally also made some of the more...

Leader of Right Wing Populist Sanseitō Party Sohei Kamiya's final speech "I am the leader of the party who will destroy the 80 year post war system, together we will fight against Globalism!" YES! 🇯🇵

The two parties in the ruling coalition lost 19 seats in the upper house election which is similar to our U.S. Senate with 124 of 248 seats up for grabs every three years. These two parties are the LDP and Komeito. Liberal Democrat Party (LDP), which uses an elephant as its symbol, has ruled Japan for the vast majority of the postwar years. It still holds 100 seats and a strong plurality in the upper house. Komeito is a Buddhist fundamentalist party associated with the Sokka Gakkai sect, which is as annoying to some Japanese as Christian fundamentalist are to...

SummarySanseito, birthed on YouTube, makes election gains Party has also pledged tax cuts and welfare spending Leader says he wants to expand lower house presence TOKYO, July 21 (Reuters) - The fringe far-right Sanseito party emerged as one of the biggest winners in Japan's upper house election on Sunday, gaining support with warnings of a "silent invasion" of immigrants, and pledges for tax cuts and welfare spending.Birthed on YouTube during the COVID-19 pandemic spreading conspiracy theories about vaccinations and a cabal of global elites, the party broke into mainstream politics with its "Japanese First" campaign.The Reuters Daily Briefing newsletter provides...

Rice prices in Japan soared 99.2 per cent in June year-on-year, official data showed Friday (Jul 18), piling further pressure on Prime Minister Shigeru Ishiba ahead of elections this weekend. The price of the grain already rocketed 101 per cent year-on-year in May, having jumped 98.4 per cent in April and more than 92.5 per cent in March. Overall, Japan's core inflation rate slowed to 3.3 per cent in June from 3.7 per cent in May, the data from the internal affairs ministry showed.

An upstart party is gaining support ahead of elections in Japan by railing against a 'silent invasion' of immigrants, pushing the government to tackle fears about foreigners as it drags into the mainstream rhetoric once confined to the political fringe. Birthed on YouTube during the COVID-19 pandemic spreading conspiracy theories about vaccinations and a cabal of global elites, the party, Sanseito, is widening its appeal with a 'Japanese First' campaign ahead of Sunday's upper house vote. And while polls show it may only secure 10 to 15 of the 125 seats up for grabs, it is further eroding the support...

Japan just dropped a data nuke that’s shattering the “safe and effective” narrative around Covid mRNA “vaccines.” In a move that’s sending shockwaves through the medical establishment, a grassroots coalition called the United Citizens for Stopping mRNA Vaccines has released the vaccination records for a staggering 21 million Japanese citizens. The government records were obtained through Freedom of Information Act (FOIA) requests. The records include vaccination dates, batch numbers, and post-vaccine death reports. The findings are nothing short of devastating. While analyzing the data, Professor Murakami of Tokyo Science University uncovered a consistent and alarming pattern. The renowned scientist confirmed...

(Reuters) -The Pentagon is urging Japan and Australia to clarify what role they would play if the U.S. and China went to war over Taiwan, the Financial Times reported on Saturday.Elbridge Colby, the U.S. under-secretary of defense for policy, has been pushing the matter during recent talks with defense officials of both countries, the report said, citing people familiar with the discussions.According to the newspaper, the reported request caught both Tokyo and Canberra off guard, as the U.S. itself does not offer a blank cheque guarantee to defend Taiwan. Colby said in an X post that the Department of Defense...

A mysterious object spotted on the South Pacific seafloor has been identified as the bow of a torpedoed World War II ship that famously sailed thousands of miles backwards to avoid sinking, historians say. The nearly 100-foot long section of the USS New Orleans was found Sunday, July 6, by the Ocean Exploration Trust as it searched the seafloor near Guadalcanal with a remotely operated vehicle. A positive identification was made with the help of paint fragments still clinging to the hull, along with an engraved anchor, the trust reported. The bow, which fell to a depth of 2,214 feet,...

Financial markets are on edge, but White House officials say they anticipate “a lot of deals very quickly.”President Donald Trump on Monday threatened 25 percent tariffs on imports from Japan and South Korea, the first of what he said would be a series of higher duties unveiled by the White House as it continues negotiating trade deals with dozens of countries. In a pair of letters posted on Truth Social, his social media site, Trump said the United States “has agreed to continue working with” each country despite large trade deficits. “Our relationship has been, unfortunately, far from Reciprocal,” he...

General Motors CEO Mary Barra has publicly cozied up to the Trump administration in recent months, including promoting a major investment in the United States last week, but her tenure at the company has included several examples of the company shipping production and jobs overseas. "I'm actually looking forward to working with the president and with the administration, because I think we can grow the importance of the auto industry and manufacturing, and so I think there's a lot that we have in common," Barra said about the incoming Trump administration in December 2024. This month, GM announced that it...

The number of vacant houses in Japan has surged to a record high of nine million – more than enough for each person in New York City – as the east Asian country continues to struggle with its ever-declining population. Abandoned houses are known in Japan as “akiya” – a term that usually refers to derelict residential homes tucked away in rural areas.

Official White House photos by Emily HigginsWEST MIFFLIN, Pennsylvania -- Flanked by a sea of steelworkers dressed in their orange safety jackets and hard hats, President Donald Trump was given a hero's welcome at the Mon Valley Irvin Works to mark the signing of the U.S. Steel-Nippon Steel deal, the largest investment in state history. "With the help from patriots like you, we are going to produce our own metal, make our own energy, secure our own future, build our country, control our own destiny, and we are once again going to put Pennsylvania steel into the backbone of America,"...

Space.com reported: “ISpace’s private Resilience Lander will attempt to touch down on the Mare Frigoris region of the moon’s surface on June 5, at 3:17 p.m. EDT (1817 GMT). […]