News On Japan

Trump’s 24% Tariff Triggers Alarm for Sake Brewers

KOBE - Trump’s aggressive new tariffs are shaking Japan’s sake industry, with concern growing among brewers in Kobe, one of the country’s most renowned sake-producing regions.

In Nada, a district in Kobe known as Japan’s top sake hub, American tourists can often be found seeking the delicate flavors of traditional Japanese sake.

An American tourist visiting the area said, "I love sake. Hopefully there won’t be any tariffs, haha."

Major brewers in the region, who have inherited centuries of traditional sake-making techniques, are already adapting to international markets. One company has developed 20 export-specific brands, including sake tailored for American tastes.

"This junmai ginjo is a product created exclusively for the American market," said Saito, head of the overseas business division at Hakutsuru Sake Brewing.

Hakutsuru exports to 59 countries, with the United States—where it established a sales base in 1984—accounting for about 30% of its total exports. With the latest tariff hike, concerns are mounting.

"I expect the new tariffs will lead to a significant cost increase," Saito said. "We now have to consider whether to pass the cost on to prices or to adjust our product lineup to fit the market."

As sake grows in popularity across the U.S., many worry that prices will soon surge.

According to reporter Akari Sakura in New York, "Around 80% of the alcohol served at this bar is Japanese sake or shochu imported from Japan."

Some establishments have already begun reviewing their purchasing strategies to cope with the expected rise in import costs.

The bar’s owner commented, "It would be unfortunate to cut down the sake selection for our customers. We might need to consider offering smaller portions at more affordable prices until things improve."

Japanese sake lovers in New York are concerned that the enjoyment of their favorite drinks may be compromised.

"Everything’s going to get more expensive, so I’ll probably cut back by one drink," said one fan.

Meanwhile, on April 9th, Tokyo’s stock market reflected the impact of the tariffs.

"The Nikkei average has now dropped more than 1,700 yen," reported one journalist as the market slid sharply after 1:01 p.m., when the tariffs took effect.

The tariffs led to a steep fall of over 1,700 yen at one point, continuing a trend of volatile swings driven by retaliatory trade measures.

As global negotiations with the United States over reciprocal tariffs intensify, uncertainty looms over both economic forecasts and the everyday lives of consumers.

Source: YOMIURI

News On Japan
POPULAR NEWS

Record rainfall caused 19 rivers to overflow across Fukui Prefecture, flooding roads and homes, triggering landslides and temporarily forcing authorities to issue the highest-level heavy rain emergency warning from early Sunday morning.

Drones were used to deliver food and daily necessities to an isolated mountain community in Himi City, Toyama Prefecture, on August 30 after torrential rain triggered a landslide that cut off road access, while volunteers continued flood recovery work in neighboring Ishikawa Prefecture.

Two typhoons east of Japan were moving northward on August 30, with Typhoon No. 23 (Banlan) overtaking Typhoon No. 22 (Artau), although neither storm is expected to have a direct impact on Japan.

A 9-minute, 13-second drone video filmed inside Aeon Mall Kumamoto two days after the deadly explosion has provided a detailed view of the destruction, showing collapsed ceilings, heavy dust and widespread damage that may have affected between one-third and nearly half of the shopping center.

Strong Typhoon No. 18 was moving northwest through the East China Sea on the night of August 26, gradually pulling away from Okinawa and the Amami Islands as lingering rain, strong winds and high waves were expected to ease. As of 9 p.m. on August 26, the typhoon was over waters north-northwest of Kume Island and moving northwest.

MEDIA CHANNELS
         

MORE Business NEWS

Toyota Motor plans to introduce passenger vehicles equipped with advanced automated driving technology from 2028, allowing drivers to travel with almost no manual operation, including taking their hands off the steering wheel on ordinary roads.

Consumer prices in central Tokyo rose 1.8% in August from a year earlier, with the pace of inflation accelerating for a third consecutive month as higher food prices continued to put upward pressure on household costs.

Tokyo stocks rose on August 28, with the Nikkei 225 closing at 66,405.56, up 273.58 points, or 0.41%, as information-technology, software, automaker and selected semiconductor-related shares gained after a U.S. technology rally, while investors remained cautious before Federal Reserve Chair Kevin Warsh’s Jackson Hole speech.

Japan's toy market continues to expand despite the country's declining number of children, reaching a record 1.1664 trillion yen in fiscal 2025 as manufacturers increasingly target adults and introduce products reflecting social issues ranging from sustainability to investment.

Tokyo stocks slipped on August 27, with the Nikkei 225 closing at 66,131.98, down 130.18 points, as early buying in artificial intelligence and semiconductor-related shares following Nvidia’s strong earnings forecast faded into profit-taking, while the broader TOPIX edged higher for a sixth straight session.

Seven-Eleven Japan and Yamato Transport announced on August 26 that they will introduce self-service shipping machines allowing customers to send parcels without lining up at a staffed checkout counter.

Tokyo stocks rose on August 26, with the Nikkei 225 closing at 66,262.16, up 405.73 points, or 0.62%, as investors bought back selected semiconductor and financial shares, although trading was thin ahead of Nvidia’s earnings and uncertainty remained over artificial intelligence valuations, the yen and Bank of Japan policy.

Tokyo stocks fell on August 25, with the Nikkei 225 closing at 64,980.53, down 0.8%, as investors sold semiconductor and electronics shares ahead of Nvidia’s earnings while a weak yen, elevated bond yields and renewed U.S. pressure on Iran kept risk appetite subdued.