The U.S.’s closest security allies in Asia, along with six Southeast Asian countries, have been given another three weeks to negotiate trade deals — or face higher tariffs.

US President Donald Trump on Saturday announced new 30 percent import tariffs on goods coming from the European Union and Mexico, starting August 1. He said these measures are meant to pressure countries into renegotiating trade deals that are fair to the United States.

Japanese bond yields are rising and give rise to the sense that Japan is either in the ante chamber of a full recovery, or on the precipice of something nastier

Donald Trump has shared the letters he sent to 14 countries including Japan detailing the levies they face and people have spotted 'appalling' errors.

The Trump administration is stepping up pressure on trading partners to quickly make new deals before a Wednesday deadline, with plans for the United States to start sending letters Monday warning countries that higher tariffs could kick in Aug.

Anele Mdoda was in stitches after reading a headline about Donald Trump forgetting the name of the Japanese Prime Minister and referring to him as Mr. Japan.

How closely have you been following events in Japan? Try The Mainichi News Quiz for July 11 to test your news knowledge. Ready?What tariff rate has U.･･･

President Donald Trump on Monday set a 25% tax on goods imported from Japan and South Korea, as well as new tariff rates on a dozen other countries

The 90-day deadline was due on July 9, with dozens of economies, including the EU, India and Japan, facing tariff hikes without a deal. But days before it arrived, Trump issued a delay to August 1. It was his second extension since unveiling the tariffs in April – reigniting the “TACO Theory” that has gained traction among some Wall Street traders.