U.S. Revises Japan Tariff Calculation After Error

By BPN News Desk August 8, 2025

International

Japan revealed that the United States made a clerical error in calculating the “reciprocal” tariff rate. As a result, the effective rate on Japanese goods entering the U.S. will be lower than initially announced. What Went Wrong Japan’s chief trade negotiator, Ryosei Akazawa, explained that the

International

Japan Urges U.S. to Implement Auto Tariff Cut Promptly

By BPN News Desk August 7, 2025

Japan has called on the United States to quickly implement a previously agreed reduction in tariffs on Japanese automobiles and auto parts. The deal, which involves cutting U.S. import duties from 27.5% to 15%, has yet to be given a clear implementation timeline. Japanese trade officials raised the issue during recent bilateral talks with the […]

International

China and Russia Begin Joint Naval Exercises

By BPN News Desk August 3, 2025

China and Russia have started a three-day joint naval exercise named “Joint Sea-2025” in the Sea of Japan. The drill, launched near the Russian port city of Vladivostok, involves multiple warships, submarines, and support vessels from both countries. Drill Objectives and Activities The exercises focus on a range of coordinated military operations such as

International

Tsunami Warnings Issued After Massive Russian Quake

By BPN News Desk July 30, 2025

A powerful 8.8 magnitude earthquake struck off the Kamchatka Peninsula in Russia’s Far East early Wednesday, setting off tsunami waves across the Pacific Ocean. The earthquake, among the most powerful recorded in modern history, caused sea surges that reached California, Hawaii, and Japan. According to the Kremlin, no casualties have been reported so far in […]

International

UN: No Nuclear Risk After 8.8 Quake and Pacific Tsunami

By BPN News Desk July 30, 2025

The International Atomic Energy Agency (IAEA) has confirmed that there is no safety impact on nuclear power plants along the Pacific coastline following the massive 8.8 magnitude earthquake that struck near Russia’s Far East early Wednesday. The quake triggered tsunami waves that reached parts of Russia, Japan, Hawaii, and the U.S. West Coast. According to […]

International

Japan PM Denies Resignation, Focuses on US Trade Deal

By BPN News Desk July 23, 2025

Japanese Prime Minister Shigeru Ishiba has denied media speculation that he is planning to resign. Speaking on July 23, Ishiba called the rumours “baseless” and confirmed that no resignation discussions took place within his party. His statement follows poor results in the recent upper house elections, which triggered internal debate and public speculation about his […]

International

Trump Announces 15% Tariff Deal with Japan

By BPN News Desk July 23, 2025

US President Donald Trump has announced a major trade agreement with Japan, confirming a 15% tariff on imports from the country. This move replaces an earlier proposed 25% tariff and is part of a broader effort to reset trade relations with key partners. The deal, which Trump described as “possibly the biggest ever,” is aimed […]

International

Japan Upper House Election: Coalition Loses Majority

By BPN News Desk July 21, 2025

Japan’s ruling Liberal Democratic Party (LDP) and its ally Komeito have lost their majority in the House of Councillors following the latest Upper House election. Out of the 125 seats contested, the coalition secured only 47—falling three short of the minimum 50 needed to hold control. This marks the first time in 16 years that […]

International

Japan Votes in Upper House During Ishiba’s Tough Test

By BPN News Desk July 20, 2025

Japan began voting today in a crucial upper house election that could determine the political future of Prime Minister Shigeru Ishiba. The election will fill half of the 248 seats in the upper chamber and is widely seen as a referendum on the ruling coalition’s handling of the economy and immigration. The coalition of Ishiba’s […]

Trade

India Imposes Anti-Dumping Duty on Water Treatment Chemical Imports from China and Japan

By Editor - News Desk March 10, 2025

To protect domestic manufacturers, India has levied an anti-dumping duty of up to $986 per tonne on imports of trichloroisocyanuric acid (TCCA) from China and Japan for five years. This measure aims to counteract unfair pricing and support the local chemical industry.