Category: International Trade and World Market

Hiroshi Okuda, Disrupter Who Revived Toyota in the 1990s, Dies at 93

The New York Times – Business:
As the car company’s president, he made decisions quickly and shook things up, expanding overseas manufacturing and introducing the Prius, a milestone in automotive history.
Zhu Rongji, Former Premier Who Pushed China to a Market Economy, Dies at 97

The New York Times – On the Runway:
As a vice premier and then premier, he helped transform China into the world’s leading manufacturing power and led his country into the World Trade Organization.
Gulf Oil Giants Are Spending Billions to Build Ways Around Strait of Hormuz

The New York Times – Business:
Even if a cease-fire materializes, Gulf exporters recognize that relying strictly on the Strait of Hormuz is a risk they can no longer take.
China’s Export Boom Rolls On Despite Trade Backlash

The New York Times – Business:
China’s factories are finding eager buyers abroad even as weak consumer spending and a prolonged property slump weigh on growth at home.
What the Stock Market’s Record Rally Has to Do With Rescuing the Yen

The New York Times – Business:
The wide impact of the U.S. intervention into the Japanese currency shows the extent to which global markets’ revolve around investments in artificial intelligence.
U.S. Trade Deficit Dips in June as Imports Fall Back

The New York Times – Business:
Imports and exports both declined, retreating from a busy month in May, data from the Commerce Department showed.
A Currency Trader at Heart, Bessent Bets on Japan’s Yen

The New York Times – Business:
Coordinated intervention allowed Japan to support its currency without selling off its U.S. debt holdings.
Here’s Why the US Is Helping Prop Up the Japanese Yen

The New York Times – Business:
The U.S. Treasury joined efforts in Tokyo to stem the yen’s slide against the dollar, highlighting the broader risks posed by turmoil in Japanese markets.
U.S. and Japan Coordinated to Help Stabilize the Yen

The New York Times – Business:
U.S. and Japanese officials confirmed on Sunday that the Treasury Department had moved last week to help the currency.
The German Auto Industry, a Pillar of the National Psyche, Is Trembling

The New York Times – Business:
The country’s iconic carmakers are struggling with tariffs, the growth of electric vehicles and intense competition from Chinese companies.
Trump’s Tariff Exemptions Include Diamonds, Oil and Gas, Copper and Other Items

The New York Times – Business:
A new round of tariff carve-outs has raised familiar questions about who should receive the lucrative exceptions, and why.
China Threatens Retaliation as U.S. Moves to Block Robot Imports

The New York Times – Business:
The dispute highlights how robotics has become the latest battleground in the intensifying technological and industrial rivalry between Washington and Beijing.