U.S. President Donald Trump's announcement of a 25% tariff on foreign-made cars and light trucks has sent shockwaves through the global economy, with Japan's car industry facing potential losses of up to 13 trillion yen (86.2 billion) due to a decline in domestic production. Despite the challenges, Japan remains committed to its alliance with the U.S. and will adopt a cooperative stance toward Washington.
A 7.7-magnitude earthquake struck central Myanmar on March 28, causing damage in the Thai capital Bangkok and disrupting businesses and public transportation. The earthquake also caused significant damage to buildings and infrastructure in Myanmar, triggering landslides and leaving many people homeless.
Brazilian President Luiz Inácio Lula da Silva and Japanese Prime Minister Shigeru Ishiba met in Tokyo to solidify a five-year action plan for enhanced cooperation, including mutual visits, economic security measures, and foreign affairs dialogues. The plan signifies a commitment to strengthen bilateral relations and explore new opportunities for trade and collaboration.
Former Prime Minister Fumio Kishida, in a speech seemingly aimed at President Trump, called for international cooperation and support for Ukraine, emphasizing the importance of multilateralism and the rule of law. He also urged Japan to take a more active role in promoting peace and upholding the values of a free and open international order.
Brazilian President Luiz Inácio Lula da Silva criticized U.S. President Donald Trump's decision to raise tariffs on a wide range of products, expressing concerns about the potential harm to both American and global economies. Lula also emphasized the importance of free trade and multilateralism, urging Trump to reconsider his protectionist approach.