Akemi Terukina Journalist Profile

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Novice Japan Negotiator Seeks to Strike First Deal With Trump

4 weeks ago | ca.finance.yahoo.com | Sakura Murakami |Akemi Terukina

(Bloomberg) -- Supply Lines is a daily newsletter that tracks global trade. Sign up here. Most Read from Bloomberg How Did This Suburb Figure Out Mass Transit? Trump Signs Executive Orders on Federal Purchasing, Office Space LA County Floats Leaner Budget Burdened by Fire and Legal Costs When the US and Japan open trade talks on Wednesday, the world will be closely watching Ryosei Akazawa to provide a glimpse of what a deal with President Donald Trump might look like.
Novice Japan Negotiator Seeks to Strike First Deal With Trump

4 weeks ago | bloomberg.com | Sakura Murakami |Akemi Terukina

Ryosei Akazawa(Bloomberg) -- When the US and Japan open trade talks on Wednesday, the world will be closely watching Ryosei Akazawa to provide a glimpse of what a deal with President Donald Trump might look like. Japan’s economic revitalization minister, who described his appointment as US trade negotiator as “nerve-wracking,” will look to iron out the first agreement with a nation since Trump hit around 60 trade partners with sweeping tariffs.
Ishiba’s ‘Left-Hand Man’ to Set Pace in Sweeping US Tariff Talks

4 weeks ago | news.bloomberglaw.com | Sakura Murakami |Akemi Terukina

When the US and Japan open trade talks on Wednesday, the world will be closely watching Ryosei Akazawa to provide a glimpse of what a deal with President Donald Trump might look like. Japan’s economic revitalization minister, who described his appointment as US trade negotiator as “nerve-wracking,” will look to iron out the first agreement with a nation since Trump hit around 60 trade partners with sweeping tariffs.
Japan Forms Tariff Taskforce as Calls Rise for Relief Measures

1 month ago | news.bloombergtax.com | Yoshiaki Nohara |Akemi Terukina

Japan’s Prime Minister Shigeru Ishiba created a taskforce to deal with the fallout from US tariffs as pressure mounts to boost aid to households ahead of a summer election. The taskforce, led by top trade representative Ryosei Akazawa and Chief Cabinet Secretary Yoshimasa Hayashi, is the latest step in Ishiba’s efforts to tackle the barrage of US tariffs that he says has caused a national crisis.
Japan Forms Tariff Taskforce as Calls Rise for Relief Measures

1 month ago | bloomberg.com | Yoshiaki Nohara |Akemi Terukina

Subaru Corp. vehicles bound for shipment at a port at dusk in Yokohama, Japan, on Thursday, Feb. 6, 2025. In Japan, nominal wages rose at the fastest pace in nearly three decades in December, supporting the Bank of Japan’s latest rate hike decision and keeping the bank on track for further tightening steps.
May BOJ Hike Would Be Too Early in Context of Tariffs and Wage Talks, DPP Says

1 month ago | bloomberg.com | Sakura Murakami |Akemi Terukina

A Bank of Japan rate hike in May would likely be too early given the need to assess the impact of US tariffs set to come into effect in early April and ongoing wage talks, according to the policy chief of a small but powerful opposition party.
Ishiba plans price measures through existing budgets

1 month ago | japantimes.co.jp | Erica Yokoyama |Akemi Terukina

Prime Minister Shigeru Ishiba is planning measures to ease the impact of inflation on consumers that draw on policies already incorporated in the current and upcoming fiscal year budgets. "The Prime Minister didn’t intend to say we’re rolling out new budget spending,” government spokesman Yoshimasa Hayashi told reporters Tuesday.
Japan’s Ishiba Plans Price Measures Through Existing Budgets

1 month ago | yahoo.com | Erica Yokoyama |Akemi Terukina

(Bloomberg) -- Japanese Prime Minister Shigeru Ishiba is planning measures to ease the impact of inflation on consumers that draw on policies already incorporated in the current and upcoming fiscal year budgets. Most Read from BloombergAdvertisement“The Prime Minister didn’t intend to say we’re rolling out new budget spending,” government spokesman Yoshimasa Hayashi told reporters Tuesday.
Here’s what $500 gets you for sushi in New York City versus Tokyo

2 months ago | spokesman.com | Kazunori Takada |Akemi Terukina |Kat Odell

Just five years ago, U.S. tourists visiting Japan would have paid a small fortune – close to $500 – for a 50,000 yen omakase meal at a high-end sushi counter in Tokyo. Today, the same meal will cost visitors just a little over $300. The notable price drop comes because of the weak yen, which has fallen around 30% against the dollar over the past five years and hit 38-year lows in July. With the lopsided exchange rate, even Tokyo’s most famous sushi restaurants now feel affordable.
CDP eyes BOJ’s exchange-traded funds to pay for free schooling

2 months ago | japantimes.co.jp | Sakura Murakami |Akemi Terukina

Japan’s largest opposition party wants to use the Bank of Japan’s exchange-traded funds (ETFs) to help cover the cost of making high school education free as part of the normalization of monetary policy, according to a party official. "It’s abnormal that a central bank is holding risky assets with a book value of ¥37 trillion ($244 billion),” the Constitutional Democratic Party of Japan (CDP)’s finance chief Takeshi Shina said in an interview on Tuesday.