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business in asia


TOKYO—Japanese authorities, in their first public comments on Carlos Ghosn’s escape, said he would have received a fair trial and fled Japan because he didn’t want to pay the price for his alleged wrongdoing. “The defendant Ghosn broke his own promise that he would definitely appear before the court and fled the country. What this …

American businesses, from technology startups to large corporations, say they cannot quickly upend their supply chains and stop doing business in China. President Trump tweeted Friday that he “hereby ordered” U.S. companies to explore relocating operations out of China and that he would raise existing and planned tariffs on Chinese goods by 5 percentage points. …

The White House’s acting budget chief is pushing for a delay in implementing key provisions of a law that restricts U.S. government’s business with Huawei Technologies Co., citing the burdens on U.S. companies that use its technology. The request was made in a letter by Russell T. Vought, the acting director of the Office of …