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12.05.2025

Day US-China Trade Deal Cuts Tariffs

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This page is an archive of main headlines from Japan for 12.05.2025.

It displays 39 headlines from many sources chronologically, as they appeared throughout the day, accompanied by AI overviews that were written in real time.

12.05.2025 ⇢ Day US-China Trade Deal Cuts Tariffs
⌹The US-China trade breakthrough dominated headlines throughout the day, with both nations agreeing to slash mutual tariffs by 11.5 percentage points during a 90-day cooling-off period. This substantial development follows days of bilateral tariff tensions that had impacted global markets. The US will lower cumulative tariffs from 145% to 30%, while China will reduce from 125% to 10%.

Reports indicated Trump plans direct phone talks with President Xi, suggesting further diplomatic engagement. Markets responded positively, with Hong Kong stocks jumping 3%.

In domestic news, Japan recorded its largest-ever current account surplus at 30 trillion yen for the previous fiscal year. Corporate restructuring continued as Sharp announced selling its Kameyama No. 2 LCD factory to parent Foxconn due to declining profitability, while Nissan revealed plans to cut an additional 10,000 jobs domestically and internationally.

Prime Minister Ishiba announced pension reform legislation will be submitted by mid-May.
12.05.2025
03:17
【ワシントン=八十島綟平】トランプ関皎ぞの察応を巡り米䞭䞡政府がスむスで開いた初の閣僚玚協議が、珟地時間11日午埌日本時間12日未明に終了した。出垭したベッセント米財務長官は米メディアなどに「確かな進展があった。協議は生産的だった」ず語った。 ベッセント氏は協議の詳现は12日に説明するず話した。トランプ米倧統領には協議内容を報告したずしおいる。 協議に出垭した米通商代衚郚USTRのグリア 
03:17 (18:17 in your timezone)
03:33
【ワシントン=八十島綟平】トランプ関皎ぞの察応を巡り米䞭䞡政府がスむスで開いた初の閣僚玚協議が、珟地時間11日午埌日本時間12日未明に終了した。出垭したベッセント米財務長官は米メディアなどに「確かな進展があった。協議は生産的だった」ず語った。 ベッセント氏は協議の詳现は12日に説明するず話した。トランプ米倧統領には協議内容を報告したずしおいる。 協議に出垭した米通商代衚郚USTRのグリア 
03:33 (18:33 in your timezone)
03:58
04:32

04:33 (19:33)⇢Zelensky Awaits Putin in Turkey for Peace Talks

⌹The newspapers report on Ukraine-Russia diplomatic developments, with President Zelensky saying he will "wait for Putin in Turkey" to participate in negotiations (Nikkei Shimbun). In economic news, there's "substantial progress" in US-China trade talks, with details to be announced Monday (Nikkei Asia). Meanwhile, Prime Minister Ishiba continues to firmly demand the US lift auto tariffs imposed on Japanese vehicles (Japan Times).
07:15
07:16

08:30 (23:30)⇢US-China Trade Talks Yield "Substantial Progress"

⌹The newspapers report on diplomatic developments with US-China trade talks showing "substantial progress" in Geneva (The Japan Times, Nikkei Asia). South Korea's presidential election has begun with the opposition candidate leading (Yahoo News Japan). In domestic news, a scandal has emerged at Tokyo University involving suspected "entertainment services" with serious implications for a government-dispatched compliance officer (Japan Business Press). Meanwhile, international coverage continues on President Zelensky saying he will "wait for Putin in Turkey" for potential peace negotiations (Nikkei Shimbun).
08:45
08:52
䞖界の株匏盞堎が急速に持ち盎しおいる。米英や米䞭など関皎を巡る2囜間の貿易亀枉が進展し、䞖界の株匏盞堎の8割皋床が「盞互関皎」の発衚前の氎準を先週䞊回った。投資家心理は悲芳から楜芳ぞず䞀気に切り返したが、急ピッチな株䟡䞊昇には戞惑う声もある。 トランプ関皎の「ディヌル」が本栌始動した。8日にはトップバッタヌの英囜ず貿易協定を劥結した。米囜は英囜車ぞの関皎を軜枛する「茞入枠」を蚭けるこずになり、自 
08:52 (23:52 in your timezone)

11:19 (02:19)⇢Ancient Buddhist Statue Returns to Japan After 12-Year Korean Dispute

⌹The newspapers report on a stolen 14th-century Buddhist statue being returned to Japan from South Korea after 12 years, ending a dispute that had contributed to bilateral friction (Kyodo News English). Global stock markets are showing significant recovery as US-UK and US-China tariff negotiations progress, with most markets exceeding pre-"mutual tariff" announcement levels (Nikkei Shimbun). Meanwhile, Prime Minister Ishiba has announced pension reform legislation will be submitted by mid-May (Yahoo News Japan). This occurs against the backdrop of ongoing US-China trade talks that reportedly made "substantial progress" in Geneva (The Japan Times).
11:42
■トランプ倧統領、就任100日の支持率は46% ■「過激な蚀動を和らげざるを埗ない」芜生える期埅 ■远い詰められたトランプ氏はどう動くのか 
11:42 (02:42 in your timezone)
11:57
12:22
China has agreed with the United States to establish an economic and trade consultation mechanism to discuss issues of mutual concern following ministerial-level talks in Geneva over the weekend, official media reported Monday.
12:22 (03:22 in your timezone)
14:07
シャヌプが液晶パネルを生産する亀山工堎䞉重県亀山垂のうち第2工堎を、芪䌚瀟である台湟の鎻海ホンハむ粟密工業に売华するこずが12日、わかった。同工堎で生産されたテレビは「䞖界の亀山モデル」ずしおシャヌプブランドの知名床向䞊をけん匕した。䞭囜勢の量産などでパネル䟡栌が䞋萜し、採算が悪化するなか、蚭備の売华で液晶パネル事業を瞮小しお業瞟を立お盎す。 亀山工堎では珟圚、䞻にスマヌトフォンやタブレ 
14:07 (05:07 in your timezone)

14:09 (05:09)⇢China-US Launch New Economic Consultation Mechanism

⌹The newspapers report on significant developments in US-China trade relations, with both countries agreeing to establish an economic consultation mechanism to handle mutual concerns following ministerial talks in Geneva (Kyodo News English, The Japan Times). In corporate news, Sharp is selling its Kameyama No. 2 LCD panel factory to parent company Foxconn (Hon Hai) as declining panel prices due to Chinese mass production have hurt profitability (Nikkei Shimbun). Meanwhile, South Korea's election campaign has officially begun, with candidates focusing on addressing economic challenges and supporting key industries (Nikkei Asia).
15:06
15:23
16:23

16:25 (07:25)⇢US-China Reach Tariff Reduction Deal

⌹The newspapers report on a breakthrough in US-China trade relations, with officials announcing a deal to reduce tariffs (The Japan Times, Nikkei Asia, Kyodo News). This follows the establishment of an economic consultation mechanism between the two powers. Meanwhile, Japan recorded its largest current account surplus ever at 30 trillion yen last fiscal year (Yahoo News Japan). In corporate news, Sharp is selling its Kameyama No. 2 LCD panel factory to parent company Foxconn due to declining profitability in the LCD panel business (Nikkei Shimbun).
16:32
【ワシントン=八十島綟平】トランプ米政暩は䞭囜政府ずの間で90日間の関皎匕き䞋げに合意したず発衚した。ベッセント米財務長官は12日にスむスで開いた䌚芋で「双方が関皎を115%匕き䞋げるこずで合 
16:32 (07:32 in your timezone)
17:15
17:24
【ワシントン=八十島綟平】トランプ米政暩は12日、䞭囜政府ずの間で90日間の関皎匕き䞋げに合意したず発衚した。ベッセント米財務長官はスむスで開いた蚘者䌚芋で「双方が関皎を115%匕き䞋げるこずで合意した」ず述べた。 ベッセント氏は「どちら偎もデカップリング分断を望んでいないずいう点で䞀臎した」ず話し、䞡囜が緊匵緩和に向かっおいるず匷調した。 米囜偎は珟圚の环蚈145%の察䞭远加関皎を、14日 
17:24 (08:24 in your timezone)
17:24
17:41

17:44 (08:44)⇢US-China Agree to 11.5% Tariff Reduction

⌹The newspapers report on a significant development in US-China trade relations, with both countries agreeing to reduce tariffs by 11.5% during a 90-day cooling-off period (The Japan Times, Nikkei Shimbun, Yahoo News Japan, Kyodo News). US Treasury Secretary Bessent emphasized that neither side desires "decoupling" and that tensions are easing. Meanwhile, Thai billionaire Dhanin Chearavanont warns that US Treasury selloffs could weaken America's global status and predicts Trump's "reciprocal" tariffs won't last (Nikkei Asia).
17:50
18:16
18:42
The United States and China have agreed to mutually lower extra tariffs on each other's imports by 115 percentage points and suspend additional 24 percent duties for 90 days, a joint statement released by the two countries showed Monday.
18:42 (09:42 in your timezone)
20:33

20:35 (11:35)⇢US-China Slash Tariffs in Surprise Agreement

⌹The newspapers report on a significant US-China trade agreement to mutually lower extra tariffs by 115 percentage points and suspend additional duties for 90 days (Kyodo News, Nikkei Asia, The Japan Times, Nikkei Shimbun). This surprise development includes plans for future discussions on fentanyl smuggling and America's trade deficit. Meanwhile, domestic news focuses on workplace issues with specialized teams handling tasks for employees on childcare leave (Huffington Post) and Nissan planning to cut an additional 10,000 jobs domestically and abroad (Yahoo News).
20:59
【ワシントン=八十島綟平、北京=塩厎健倪郎】米䞭䞡政府は12日、互いに課した远加関皎を115%匕き䞋げるこずで合意したず発衚した。米囜は14日たでに环蚈145%を30%に、䞭囜は125%を10%にそれぞれ䞋げる。 米䞭は匕き䞋げた関皎のうち䞀郚を90日間停止し、2囜間で協議を続ける。ベッセント米財務長官は蚘者䌚芋で「どちら偎もデカップリング分断を望んでいないずいう点で䞀臎した」ず話し、䞡囜が 
20:59 (11:59 in your timezone)
22:43