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Trump vs Toyota? Why US cars are a rare sight in Japan
Trump vs Toyota? Why US cars are a rare sight in Japan
by  AFP

With their sleek curves and chrome grilles, the classic American cars on sale at Yosuke Fukuda's yard ooze Californian cool but on Japanese roads new US vehicles are a rare sight -- much to President Donald Trump's annoyance. "To be honest I think the problem is the size of the roads," as well as an impression that US cars break down more often, which is likely unfounded, Fukuda said.

Backyard barnyard: rising egg prices prompt hen hires in US
Backyard barnyard: rising egg prices prompt hen hires in US
by  AFP

Stung by the rocketing price of eggs -- and US supermarkets rationing a basic breakfast staple -- Yong-mi Kim decided to get some chickens to secure her own supply in southern California. Kim, whose son is an athlete who eats a lot of eggs, says although the supply crisis prompted her to rent the chickens, it's "bigger than that."

China says evaluating US offer of tariff talks but wants 'sincerity'
China says evaluating US offer of tariff talks but wants 'sincerity'
by  AFP

China said Friday it is evaluating a US offer for negotiations on tariffs but wanted Washington to show "sincerity" and be ready to scrap levies that have roiled global markets and supply chains. Beijing's commerce ministry on Friday confirmed the US had reached out and that it was "currently evaluating" the offer.

Tokyo's tariff envoy says US talks 'constructive'
Tokyo's tariff envoy says US talks 'constructive'
by  AFP

Tokyo's envoy for US tariff talks in Washington said Thursday that the second round of negotiations between the two countries had been "frank and constructive." "We have no intention of negotiating in a way that would be detrimental to the national interest, so we have been firmly defending what needs to be defended and saying what needs to be said," he said Thursday.

Apple expects $900 mn tariff hit, US iPhone supply shifts to India
Apple expects $900 mn tariff hit, US iPhone supply shifts to India
by  AFP

Apple on Thursday reported first-quarter profit above expectations but warned that US tariffs could cost the company and was disrupting its supply chain. Apple expects US tariffs to cost $900 million in the current quarter, even though their impact was "limited" at the start of this year, chief executive Tim Cook said on an earnings call.

EU preparing new sanctions on Russia, French minister tells AFP
EU preparing new sanctions on Russia, French minister tells AFP
by  AFP

French Foreign Minister Jean-Noel Barrot said Thursday that the European Union is preparing to hit Russia with a 17th round of sanctions, describing President Vladimir Putin as the "sole obstacle" to peace in Ukraine. Barrot took aim at Russia's president during the interview, saying: "It is now crystal clear that the only obstacle to peace today in Ukraine is Vladimir Putin."

US to end shipping loophole for Chinese goods Friday
US to end shipping loophole for Chinese goods Friday
by  AFP

The United States is set to end tariff exemptions on Friday for goods shipped from China worth less than $800, a move which could have significant ramifications on consumers' purchasing habits. The move announced last month means that goods shipped commercially will soon be subject to new tariffs of 145 percent -- the current level of levies imposed on goods coming from China.

With minerals deal, Ukraine finds way to secure Trump support
With minerals deal, Ukraine finds way to secure Trump support
by  AFP

In signing a minerals deal, Ukraine has found a new way to tie the United States to its future, but it remains to be seen if it can guarantee long-term support from mercurial President Donald Trump. But he said that from an economic perspective it can only be read as "something positive, in terms of giving the United States a long-term stake in Ukraine."