The administration of US President Donald Trump has unveiled the third - and largest yet - round of additional tariffs on Chinese goods that will take effect on September 24th.
The leaders of the 2 Koreas Moon Jae-in and Kim Jong Un have wrapped up the first day of official talks.
Railway services to Kansai International Airport have resumed, two weeks after the bridge linking it with the mainland was damaged by an oil tanker.
https://www3.nhk.or.jp/nhkworld/upld/medias/en/radio/news/20180918200000_english_1.mp3
Key words : Trump unveil third
https://www3.nhk.or.jp/nhkworld/en/news/20180918_09/
The administration of US President Donald Trump has unveiled the third - and largest yet - round of additional tariffs on Chinese goods that will take effect on September 24th.
The US government announced the plan on Monday.
It will initially impose an additional tariff of 10 percent on 200 billion dollars' worth of Chinese imports. This will be raised to 25 percent in the future, unless escalating trade issues between China and the US are resolved.
The Trump administration accuses China of unfairly obtaining US technologies and intellectual property.
Earlier this year, it imposed additional tariffs on 50 billion dollars' worth of imports from China.
The latest move means that nearly half of all Chinese imports into the US will be subjected to additional tariffs.
Unlike the first and second rounds of tariffs imposed mainly on industrial and tech products, the latest will be levied on a wider range of Chinese products, including consumer goods. This may result in raised prices, impacting US consumers.
China had responded with retaliatory tariffs. This time it is expected to impose levies on US products worth 60 billion dollars, including liquefied natural gas.
The wave of tariffs and counter-tariffs is likely to impact businesses and consumers in both countries, possibly slowing down the global economy.
The Trump administration has shown willingness to negotiate with China.
Key words : China says
https://www3.nhk.or.jp/nhkworld/en/news/20180918_35/
China says it will retaliate against the next round of US import tariffs.
The Chinese Commerce Ministry said on Tuesday that the country must protect its legitimate national interests as well as the global trade order.
The ministry said the latest round of sanctions - the 3rd - has caused new uncertainties for bilateral talks. It said it hopes the United States will realize the results will be negative and swiftly reverse course.
The administration of US President Donald Trump on Monday unveiled an additional tariff of 10 percent on 200 billion dollars' worth of Chinese imports. The sanctions will take effect on September 24th.
China has already announced plans to impose retaliatory tariffs on 60 billion dollars' worth of US imports, but the details have not been made clear.
The Trump administration warned that such actions would be met by additional tariffs on almost all Chinese imports.
The 2 countries have been engaged in efforts to resume ministerial-level negotiations, which halted in June.
A Hong Kong newspaper says China is reviewing plans to send a delegation to Washington for fresh talks, following the US action.
Key words : economy minister
https://www3.nhk.or.jp/nhkworld/en/news/20180918_26/
Japan's economy minister has expressed concerns over US President Donald Trump's decision to impose more tariffs on products from China.
Economy, Trade and Industry Minister Hiroshige Seko spoke to reporters on Tuesday after the Trump administration announced it will slap new tariffs on 200 billion dollars' worth of Chinese goods. The additional duties are to take effect on Monday next week.
Seko said the decision is deeply regrettable.
He said such wide-ranging measures to restrict trade will be a drag on global economic growth. He added the tariffs could have an unexpected negative impact on countries other than the US and China.
Seko said many Japanese companies export parts and components to China, and from there, to the United States.
He said he cannot say how much of an impact the new sanctions will have, or which industries will be affected, because global supply chains have complicated structures.
Seko said the government will stay in close touch with businesses in order to grasp the effect of the US move before responding.
Japan Foreign Trade Council Chairman Kuniharu Nakamura also expressed concern.
He told reporters that both the US and China are Japan's major trading and investment partners. He said US tariffs on this scale will likely have an impact on consumers as well as on businesses.
He said he wonders if there is any way to prevent a further escalation of friction through talks.
Nakamura indicated he will carefully monitor negotiations between the US and China.
Key words : leaders of the 2 wrapped up
https://www3.nhk.or.jp/nhkworld/en/news/20180918_45/
The leaders of the 2 Koreas have wrapped up the first day of official talks. Denuclearization of the peninsula was top of the agenda.
This was the third summit between the two. Ahead of the discussions, Moon Jae-in signed a visitor's book writing, "We Koreans have one mind to move toward peace and prosperity."
At the meeting, Kim Jong Un said the inter-Korean relationship and ties between the US and the North have improved because of Moon's efforts. He added he expects more positive things to come.
Moon replied he appreciates Kim's decision to move forward with a new era.
The two leaders were joined by the heads of South Korea's National Security and Intelligence Service.
On the North Korea's side, a vice chairman of the ruling party and Kim's sister were in attendance.
Earlier in the day, Moon and Kim spoke in front of cameras.
Moon said, "We were welcomed very passionately, by the citizens out on the street as well as the people waving from apartment buildings. We were touched. We were deeply moved."
Kim said, "The enthusiastic welcome for President Moon shows that Koreans are yearning for fast progress as we achieved this year. We will not fail the hopes and expectations of the people in both Koreas. We shall take even faster steps. "
Moon then said, "The citizens of Pyongyang welcomed us so passionately. If people in South Korea see this, they will be deeply touched too. And they will expect great achievements from this meeting."
Moon received a royal welcome when he arrived Tuesday morning.
The North's leader showed up to greet him at the airport.
It's the first time Moon has visited Pyongyang as president. He was greeted by crowds waving unified Korean flags.
There were more crowds lining the streets to cheer on the motorcade.
Moon has said his 3-day visit will focus on easing military tensions between the two Koreas and supporting dialogue between Washington and Pyongyang.
Those talks have stalled amid evidence the North is continuing its nuclear program.
North Korea's ruling party's newspaper says the United States is ''totally to blame'' for the stalemate.
Key words : newspaper says the united states totally to blame editorial
https://www3.nhk.or.jp/nhkworld/en/news/20180918_32/
North Korea's ruling party newspaper says the United States is totally to blame for the deadlock in bilateral negotiations on denuclearization.
Rodong Sinmun criticized the US in an editorial on Tuesday, the day the inter-Korea summit meeting is being held in Pyongyang.
The editorial lashed out at the US for unilaterally demanding action by North Korea while doing nothing itself.
The editorial said the North's decision to close its nuclear test site and end test-launches of intercontinental ballistic missiles is aimed at rebuilding relations with the US.
It described the US demand to discuss key bilateral issues only after verifiable, irreversible and complete denuclearization as reckless.
It reiterated a demand that the US agree to negotiate a declaration formally ending the Korean War, which would provide security guarantees to the North.
Key words : main power plant
https://www3.nhk.or.jp/nhkworld/en/news/20180918_31/
Hokkaido's main power plant could be back online as soon as Tuesday afternoon. The facility has been out of operation since a huge earthquake hit the region on September 6th.
The vice president of Hokkaido Electric Power says Unit One of the Tomatoh-Atsuma thermal plant will be restarted if tests show no safety problems.
Yutaka Fujii says preparations are underway for a trial run of the plant's Unit Two. But he says it won't be restarted until at least mid-October.
The utility will have a total output capacity of up to 4.3 million kilowatts once Unit One begins sending power to the grid. That surpasses the peak demand the day before the quake.
Key words : railway service resumed
https://www3.nhk.or.jp/nhkworld/en/news/20180918_07/
Railway services to Kansai International Airport have resumed, two weeks after the bridge linking it with the mainland was damaged by an oil tanker.
Powerful winds and waves caused by a typhoon drove the tanker into the bridge on September 4th, badly damaging the railway tracks and one side of the lanes for car traffic.
Repair work went more smoothly than expected and both West Japan Railway Company and Nankai Electric Railway resumed services on Tuesday morning, 3 days earlier than initially planned.
Each day, the two railways carry about 67,000 passengers, or about 80 percent of people going to the airport.
Key words : Insight what we can do to minimise damage from natural disaster
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Key words : land price
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