Takashi Umekawa

Tokyo

Reporter at Bloomberg L.P.

KITSUCA _ designer

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Articles

Japan’s Ruling Party Set to Give Emergency Proposal on Tariffs

3 days ago | news.bloombergtax.com | Takashi Umekawa |Yoshiaki Nohara

XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.
Japan’s Ruling Party Set to Give Emergency Proposal on Tariffs

3 days ago | news.bloomberglaw.com | Takashi Umekawa |Yoshiaki Nohara

The ruling Liberal Democratic Party on Monday is set to make an emergency proposal in the wake of the US tariffs, urging the government to strengthen loan support for companies and boost domestic demand, according to documents seen by Bloomberg. The draft proposal said that the US tariffs could “fundamentally alter the nature of free and fair economic order,” and emphasized that it was “highly regrettable” that Japan was being hit by additional tariffs despite requests to be exempted.
Japan’s Ruling Party Set to Give Emergency Proposal on Tariffs

3 days ago | bloomberg.com | Takashi Umekawa |Yoshiaki Nohara

The Liberal Democratic Party headquarters in Tokyo. Photographer: Soichiro Koriyama/Bloomberg(Bloomberg) -- The ruling Liberal Democratic Party on Monday is set to make an emergency proposal in the wake of the US tariffs, urging the government to strengthen loan support for companies and boost domestic demand, according to documents seen by Bloomberg.
Japan’s Kato Denies Extra Budget Plan Amid Bond Yield Surge (1)

1 week ago | news.bloombergtax.com | Erica Yokoyama |Takashi Umekawa

XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.
BOJ’s Retreat From Bond Buying Spurs Bid to Lure Foreigners

1 week ago | bloomberg.com | Erica Yokoyama |Takashi Umekawa

The Bank of Japan (BOJ) headquarters in Tokyo. (Bloomberg) -- The Bank of Japan’s decision to scale back its purchases of government bonds is forcing the Ministry of Finance to step up efforts to lure overseas buyers as it attempts to replace a source of annual funding exceeding $10 billion. With US Treasuries getting whiplashed by Donald Trump’s tariff campaign, this may be an opportune time for Japan to make its case.
Japan to Keep Pressing for Tariff Relief During 90-Day Pause (3)

2 weeks ago | news.bloombergtax.com | Yoshiaki Nohara |Takashi Umekawa

Japan will continue to urge the US to rethink its tariff plans in hopes of winning a longer-term reprieve even after President Donald Trump put a portion of the duties on hold, the nation’s top trade representative said. “We understand that the tariffs on aluminum, steel and automobiles remain in place, and our position is unchanged,” said Ryosei Akazawa, who was this week appointed the country’s top negotiator on the US levies.
Japan to Keep Pressing for Tariff Relief During 90-Day Pause (2)

2 weeks ago | news.bloomberglaw.com | Yoshiaki Nohara |Takashi Umekawa

Japan will continue to urge the US to rethink its tariff plans in hopes of winning a longer-term reprieve even after President Donald Trump put a portion of the duties on hold, the nation’s top trade representative said. “We understand that the tariffs on aluminum, steel and automobiles remain in place, and our position is unchanged,” said Ryosei Akazawa, who was this week appointed the country’s top negotiator on the US levies.
Japan to Keep Pressing for Tariff Relief During 90-Day Pause

2 weeks ago | bloomberg.com | Yoshiaki Nohara |Takashi Umekawa

Japan still faces a 25% tariff on cars, auto parts, steel and aluminum, while other goods remain subject to the 10% flat tax rate applied to all nations. (Bloomberg) -- Japan will continue to urge the US to rethink its tariff plans in hopes of winning a longer-term reprieve even after President Donald Trump put a portion of the duties on hold, the nation’s top trade representative said.
Japan’s Kato Says No Truth to Reports About Mulling Extra Budget

2 weeks ago | bloomberg.com | Takashi Umekawa

Japan’s government isn’t considering compiling an extra budget to help mitigate the potential impacts from US tariffs, Minister of Finance Katsunobu Kato said Tuesday. “There is no truth to the idea that the government is mulling an extra budget,” Kato told reporters in a post-cabinet press conference.
Japan names former MUFG economist to lead huge pension fund

1 month ago | japantimes.co.jp | Nao Sano |Takashi Umekawa |Hideyuki Sano

Japan named Kazuto Uchida, a former Mitsubishi UFJ Financial Group economist, as the head of the Government Pension Investment Fund. Bond market veteran Uchida will take over from current President Masataka Miyazono on April 1 for a five-year term to manage one of the world’s largest pension funds with total assets of ¥260 trillion ($1.72 trillion), the health ministry said on Tuesday. Uchida is a graduate of Keio University.