Mariko Oi

Thank you. it usually takes an enormous shock like those events to trigger something like that. But now analysts think that these tariffs may actually be just as big to push the world economy into a recession. And that's why we're seeing the sell-off to continue as European markets reopen for trade. And how are Asian governments reacting?

Thank you. it usually takes an enormous shock like those events to trigger something like that. But now analysts think that these tariffs may actually be just as big to push the world economy into a recession. And that's why we're seeing the sell-off to continue as European markets reopen for trade. And how are Asian governments reacting?

Are some of them trying to do a deal with President Trump? Well, the White House says that more than 50 governments, global leaders, are in touch with Washington to negotiate a deal. So I would assume that many of them are Asian governments because, as we were talking about it last week, Asian countries have actually been hit some of the hardest, some of the highest levels.

Are some of them trying to do a deal with President Trump? Well, the White House says that more than 50 governments, global leaders, are in touch with Washington to negotiate a deal. So I would assume that many of them are Asian governments because, as we were talking about it last week, Asian countries have actually been hit some of the hardest, some of the highest levels.

tariffs by the United States. Of course, China is a key target. But of course, other governments have also been hit hard by those high tariffs. So I'm sure they are negotiating. It is interesting, though, to see somewhat of mixed reaction from Asian governments. So Beijing was one of the first and strongest to respond to those tariffs last week, announcing those retargetary tariffs.

tariffs by the United States. Of course, China is a key target. But of course, other governments have also been hit hard by those high tariffs. So I'm sure they are negotiating. It is interesting, though, to see somewhat of mixed reaction from Asian governments. So Beijing was one of the first and strongest to respond to those tariffs last week, announcing those retargetary tariffs.

But for example, the Taiwanese government said that they're not going to retaliate, they're going to lower tariffs. import duties on American products. And Vietnam was doing that even before the announcements of the tariffs were made last week. And other governments are also scrambling to offer support for businesses that are directly affected by these tariffs.

But for example, the Taiwanese government said that they're not going to retaliate, they're going to lower tariffs. import duties on American products. And Vietnam was doing that even before the announcements of the tariffs were made last week. And other governments are also scrambling to offer support for businesses that are directly affected by these tariffs.

So we've so far heard from the South Korean government, the Indian government, as well as Taiwanese governments offering some kind of help to those businesses. So a lot of negotiating, I'm sure, are taking place behind closed doors, but also those talks of offering support to their businesses, that's continuing as well.

So we've so far heard from the South Korean government, the Indian government, as well as Taiwanese governments offering some kind of help to those businesses. So a lot of negotiating, I'm sure, are taking place behind closed doors, but also those talks of offering support to their businesses, that's continuing as well.

I think a lot of commuters in London might be hoping for, you know, the punctuality and efficiency of the Japanese metro system, because, as you might know, you know, the Japanese capital is known for its, you know, really is a spiderweb of rail and metro systems. And Tokyo Metro is the biggest operator of subway train lines. And despite that, it's Tokyo Metro is...

I think a lot of commuters in London might be hoping for, you know, the punctuality and efficiency of the Japanese metro system, because, as you might know, you know, the Japanese capital is known for its, you know, really is a spiderweb of rail and metro systems. And Tokyo Metro is the biggest operator of subway train lines. And despite that, it's Tokyo Metro is...

Yes, exactly. That was the first thing that I thought of, that it's all good and well, as the boss was just talking about it, trying to copy what worked very well in Tokyo, in London. But as you said, in the U.K., drivers often go on strike, which is very, very rare in Japan. Obviously, there are very strong unions in the U.K.,

Yes, exactly. That was the first thing that I thought of, that it's all good and well, as the boss was just talking about it, trying to copy what worked very well in Tokyo, in London. But as you said, in the U.K., drivers often go on strike, which is very, very rare in Japan. Obviously, there are very strong unions in the U.K.,

Whereas in Japan, you know, they do have unions, but they hardly ever walk out. So, you know, I put that question to Mr. Yamamura as well about how they're going to navigate this cultural differences between the two countries.

Whereas in Japan, you know, they do have unions, but they hardly ever walk out. So, you know, I put that question to Mr. Yamamura as well about how they're going to navigate this cultural differences between the two countries.

So that's Akiyoshi Yamamura, the president of Tokyo Metro. The company will start operating the Elizabeth Line in London in May. So we'll see how they navigate those cultural differences that we've talked about and whether they can actually really bring that punctuality of Japanese trains to London.

So that's Akiyoshi Yamamura, the president of Tokyo Metro. The company will start operating the Elizabeth Line in London in May. So we'll see how they navigate those cultural differences that we've talked about and whether they can actually really bring that punctuality of Japanese trains to London.

These latest data are from the first two months of this year, so January and February. So one can argue that it could just be a blip. But still, imports falling by almost 8.5%. That is a lot worse than many economists had expected. They were actually expecting a growth of 1%. So I was looking at what they were buying less of and saying,

These latest data are from the first two months of this year, so January and February. So one can argue that it could just be a blip. But still, imports falling by almost 8.5%. That is a lot worse than many economists had expected. They were actually expecting a growth of 1%. So I was looking at what they were buying less of and saying,