Japanese Foreign Minister Takeshi Iwaya called the Trump administration's steel and aluminum tariffs "regrettable" during a meeting with US Secretary of State Marco Rubio at the G7 foreign ministers' summit in Canada.
Iwaya urged the US to exempt Japan from planned auto tariffs and emphasized strengthening bilateral ties, aligning with agreements between Japanese Prime Minister Shigeru Ishiba and President Trump. Rubio acknowledged the US-Japan relationship as "extremely important."
They also discussed Ukraine and Gaza, though details were not provided. Iwaya met with Canadian, British, and Italian counterparts to enhance cooperation. Meanwhile, Trump announced a 25% tariff on imported cars, set to take effect April 2.
Japan currently faces a 2.5% levy, with 1.37 million vehicles exported to the US, making up 28.3% of Japan's total exports to the US by value.
Canada will introduce $29.8 billion in retaliatory tariffs in response to the U.S. decision to impose 25% duties on steel and aluminium imports. The move follows similar action by the EU, escalating trade tensions with Washington.
At just 17, Vakhtang Salia is set to swap Dinamo Tbilisi for Newcastle United, marking a major step in his career. The young striker, inspired by Georgian stars like Kvaratskhelia, will move to England in August, hoping to shine in the Premier League and one day represent his national team.
Zara owner Inditex reported a 10% rise in transport emissions in 2024, driven by increased air freight to avoid shipping delays caused by Red Sea disruptions. While the retailer made progress in reducing sourcing-related emissions, it faces challenges in meeting its long-term climate targets.
BMW expects a €1 billion loss for 2025 due to the US-EU tariff dispute, including a 25% duty on certain vehicles and tariffs on its China-made electric cars. The company hopes not all tariffs will remain for the full year.
Chancellor-in-waiting Friedrich Merz has secured a breakthrough deal with the Greens, paving the way for a massive state borrowing boost. The agreement, crucial for economic growth and defense spending, sent the euro surging as markets reacted to the historic shift in Germany’s fiscal policy.
XPeng Motors plans to mass-produce flying cars by 2026, becoming the first company globally to do so. CEO He Xiaopeng also highlighted advancements in autonomous driving and humanoid robotics as part of the company’s future tech initiatives.
World leaders welcomed the 30-day ceasefire proposal that Ukraine has agreed to, calling it a step toward ending the conflict with Russia.
BioNTech forecasts a revenue decline for 2025, expecting between 1.7 billion and 2.2 billion euros, down from 2.75 billion euros last year. This drop is due to Pfizer write-downs and stable vaccination rates. BioNTech also plans significant job cuts and new hires.
In Tuesday’s closely watched parliamentary election, Greenland’s pro-business opposition Demokraatit party took a commanding lead after over 90% of the ballots were counted.
Regarding the Armenia-Azerbaijan process, we cannot forget the years of occupation, and we will not forget them, President Ilham Aliyev said in his speech at the opening ceremony of the 12th Global Baku Forum.
At just 17, Vakhtang Salia is set to swap Dinamo Tbilisi for Newcastle United, marking a major step in his career. The young striker, inspired by Georgian stars like Kvaratskhelia, will move to England in August, hoping to shine in the Premier League and one day represent his national team.
Chancellor-in-waiting Friedrich Merz has secured a breakthrough deal with the Greens, paving the way for a massive state borrowing boost. The agreement, crucial for economic growth and defense spending, sent the euro surging as markets reacted to the historic shift in Germany’s fiscal policy.
A 5.6 magnitude earthquake struck Sulawesi, Indonesia, on Friday, sending tremors across the region. Local authorities are now assessing potential damage and preparing for possible aftershocks.
Mark Carney will be sworn in as Canada’s prime minister on Friday, marking a historic rise for the ex-central banker with no prior political experience.
Former Philippine President Rodrigo Duterte appears at the International Criminal Court in The Hague, facing murder allegations over his deadly "war on drugs." Arrested on an ICC warrant, he is the first Asian ex-head of state to stand trial for crimes against humanity.
At just 17, Vakhtang Salia is set to swap Dinamo Tbilisi for Newcastle United, marking a major step in his career. The young striker, inspired by Georgian stars like Kvaratskhelia, will move to England in August, hoping to shine in the Premier League and one day represent his national team.
Zara owner Inditex reported a 10% rise in transport emissions in 2024, driven by increased air freight to avoid shipping delays caused by Red Sea disruptions. While the retailer made progress in reducing sourcing-related emissions, it faces challenges in meeting its long-term climate targets.
BMW expects a €1 billion loss for 2025 due to the US-EU tariff dispute, including a 25% duty on certain vehicles and tariffs on its China-made electric cars. The company hopes not all tariffs will remain for the full year.
Chancellor-in-waiting Friedrich Merz has secured a breakthrough deal with the Greens, paving the way for a massive state borrowing boost. The agreement, crucial for economic growth and defense spending, sent the euro surging as markets reacted to the historic shift in Germany’s fiscal policy.
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