• Police seek suspects in deadly birthday party shooting
  • Lawmakers launch inquires into U.S. boat strike
  • Nov. 29, 2025, 10:07 PM EST / Updated Nov. 30, 2025,…
  • Mark Kelly says troops ‘can tell’ what orders…

Be that!

contact@bethat.ne.com

 

Be That ! Menu   ≡ ╳
  • Home
  • Travel
  • Culture
  • Lifestyle
  • Sport
  • Contact Us
  • Politics Politics
☰

Be that!

Savewith a NBCUniversal ProfileCreate your free profile or log in to save this articleOct. 24, 2025, 9:39 AM EDTBy Arata Yamamoto and Jay GanglaniTOKYO — As Japan tries to placate President Donald Trump amid contentious trade talks, officials may be eyeing an icon of American manufacturing that has virtually no presence there: The Ford F-150 pickup truck.Trump, who is visiting the key U.S. ally next week as part of his first trip to Asia since returning to office, has long criticized the lack of American vehicles sold in Japan, citing what he believes are non-tariff barriers.Japanese auto brands such as Nissan, Honda, Mitsubishi and Subaru are ubiquitous in the United States, where Japan exported over 1.37 million vehicles last year, according to the Japan Automobile Manufacturers Association (JAMA). Cars are Japan’s top export to the U.S., though according to JAMA most Japanese cars sold there are actually assembled in North America.By contrast, Japanese brands account for more than 90% of new cars sold in Japan, which imported fewer than 17,000 American vehicles last year, according to the Japan Automobile Importers Association. The Trump administration has been pushing Japan to buy more American cars, including as part of a trade deal announced in July that imposed a 15% tariff on Japanese autos and auto parts. A joint statement on the agreement published last month said Japan would allow vehicles built and certified for safety in the U.S. to be sold in the country without additional testing. In August, Trump suggested that there would soon be a market in Japan for American cars, specifically the Ford F-150.“They’re taking the very beautiful Ford 150, which does very well and I’m sure will do very well there,” he told CNBC. The model has long been the best-selling vehicle in America, according to industry outlets.Reuters reported this week that Ford F-150s were part of a purchase package being finalized to present to Trump during talks in Tokyo next week, citing two sources with knowledge of the preparations. It said the trucks might be used in Japan as snow plows. Local media in Japan have also said the government is considering buying the trucks.Japanese officials have not confirmed the reports, and the new trade minister, Ryosei Akazawa, was not asked about them at his first news conference on Friday.Akazawa, who was previously Japan’s lead trade negotiator with the U.S., said earlier this month that while Trump’s frequent mentions of the Ford F-150 suggested they were a “favorite” of his, he did not have information to share on any potential purchases by the Japanese government.Despite the advocacy by Trump, large, expensive American cars have long been a hard sell in Japan, where roads are typically smaller and narrower than their American counterparts. “Fully-sized pickups simply wouldn’t fit on Japanese roads and into the standard pay parking lots,” Mike Smitka, a member of GERPISA, an international network dedicated to the global automobile industry, told NBC News. Many of the vehicles sold in Japan are mini or “kei” cars that are far smaller and more fuel efficient than the ones produced by American automakers. They are required by law to be no more than about 11.2 feet long and 4.9 feet wide, compared with the F-150 which is typically more than 17 feet long and 6.6 feet wide. Nissan kei cars for sale in Yokohama, Japan in 2022.Stanislav Kogiku / SOPA via Getty Images fileEuropean vehicles are also far more popular in Japan than American ones, accounting for more than 200,000 imports last year. The top-selling European car brand in Japan is Mercedes-Benz. “Unlike European car companies, Ford and General Motors (GM) don’t have dedicated port facilities or dealerships,” Smitka said in emailed comments. “They’d be very expensive to import, expensive to market, and because there’s no network, expensive to service.” Ford did not respond to an emailed request for comment. In 2016, the company said that it would close all operations in Japan, saying it had struggled to gain market share and saw “no reasonable path to profitability.”“They don’t try to sell pickups because they understand the market,” Smitka said. Arata Yamamoto reported from Tokyo, and Jay Ganglani from Hong Kong.Arata YamamotoArata Yamamoto has been an NBC News producer in Tokyo since 1993.Jay GanglaniJay Ganglani is NBC News’s 2025-26 Asia Desk Fellow. Previously he was an NBC News Asia Desk intern and a Hong Kong-based freelance journalist who has contributed to news publications such as CNN, Fortune and the South China Morning Post.

admin - Latest News - October 24, 2025
admin
19 views 17 secs 0 Comments




As Japan tries to placate President Donald Trump amid contentious trade talks, officials may be eyeing an icon of American manufacturing that has virtually no presence there: the pickup truck.



Source link

TAGS:
PREVIOUS
Oct. 24, 2025, 10:06 AM EDTBy Joe Murphy and Nigel ChiwayaAre President Donald Trump’s policies bringing down grocery bills?Grocery prices have been on the rise for most of the past five years, as supply chain bottlenecks, the war in Ukraine and excessive profit-taking here in America have put a strain on consumers’ wallets. Trump campaigned heavily on the price of food in 2024, promising that if elected he would lower costs. The average price of eggs — a frequent stand-in for inflation during the campaign — had declined from its peak in the spring and is back to prices last seen last November. Average orange juice prices are up 10% and ground beef prices are up 7% from where those were a year ago.Follow price trends using the chart below. Since 2021, NBC News has monitored the average point-of-sale price for eggs, chicken, bread, ground beef and other common grocery items. The graphic below shows their current average prices, along with how much those prices have changed since October 2024.The grocery price data, provided by the global marketing research firm NIQ, is collected from real checkout prices paid nationwide at grocery stores, drugstores, mass merchandisers, selected dollar stores, selected warehouse clubs and military commissaries.The Bureau of Labor Statistics’ monthly consumer price index, which uses human data collectors and includes other food product categories, is another resource for average price data.This article will be updated monthly.Joe MurphyJoe Murphy is a data editor at NBC News.Nigel ChiwayaNigel Chiwaya is the Senior Editor, Data Viz for NBC News Digital.
NEXT
Oct. 24, 2025, 9:29 AM EDTBy Rob WileThe Social Security Administration announced Friday that benefit payments will increase 2.8% next year to account for the higher cost of living.The 2026 cost-of-living adjustment, knowns as the COLA, represents an increase over last year’s 2.5% figure, but it is lower than the historical average of about 3.7%. Individual retirement benefits will climb an average of about $56 per month, the agency said in a statement. The COLA is typically calculated using benchmark inflation data from July, August, and September. While pandemic-era inflation has ebbed since hitting a high of nearly 10% in 2022, households across the U.S. continue to report feeling price pressures.Many senior citizens’ advocates say that that demographic has been hit particularly hard — and that the way the annual Social Security adjustment is made has become part of the problem. Since it was first instituted in 1975, the annual adjustment has been calculated using a somewhat obscure inflation index that the advocates say gives inadequate weight to items that seniors tend to spend a greater share of their earnings on, like medical care, prescription drugs, rent, and home energy costs. “The index doesn’t necessarily reflect the spending habits of older adults,” said Jessica Johnston, senior director of the Center for Economic Well-Being at the National Council on Aging (NCOA). By her estimates, she said, a 4% adjustment would more accurately reflect these costs.More than one-in-five Americans currently receive some form of social security assistance, including approximately 58 million Americans aged 65 and over. Seniors have historically been more likely to report worsening consumer sentiment, according to the University of Michigan’s closely watched monthly survey. The gap in sentiment has narrowed in recent years — but other data suggest that hard times are getting harder for the most vulnerable seniors. Between 2018 and 2023, older Americans were the only demographic age group that saw an increase in its poverty rates — though their overall rate remains the lowest. An NCOA report published earlier this month found that mortality rates among older adults in the bottom 60% of wealth were nearly double those of older adults in the top 20%. And individuals in the bottom-20% of wealth died nine years earlier on average than those in the top 20%. The NCOA also estimates that 45% of older-adult households — more than 19 million — do not have the income needed to cover basic living costs based on cost-of-living data from its proprietary Elder Index. And a full 80%, or about 34 million senior households, would be unable to weather a major shock such as widowhood, serious illness, or the need for long-term care.Economic insecurity has shown to be particularly acute for aging minorities. Some 43% of Black and 44% of Hispanic adults aged 65 and up have incomes that are below 200% of the federal poverty line, according to 2022 U.S. Census data cited by the National Council on Aging.Johnston said there is a commonly held belief that older Americans have vast wealth holdings — especially those from the post-World War II Baby Boom generation — and are more likely to be financially secure than other groups. But that’s not the whole story, he story.Many members of the generation that immediately preceded the Baby Boomers, known as the Silent Generation, are still around — and possess only a fraction of the same level of financial security as their immediate successors, according to Federal Reserve data. Silent Generation members own total assets worth approximately $20 trillion — compared with approximately $85 trillion for Baby Boomers.Individuals are also living longer than ever before, Johnston said. Yet while some report overall steady levels of well-being as they age, others are “aging into poverty,” Johnston said. Rob WileRob Wile is a Pulitzer Prize-winning journalist covering breaking business stories for NBCNews.com.
Related Post
November 2, 2025
Los Angeles celebrates Dodgers win
November 20, 2025
Border Patrol planning to mobilize in New Orleans
October 6, 2025
CDC updates guidance on who should receive Covid vaccines
September 21, 2025
The fight to be the fastest wiener dog in Cincinnati
Comments are closed.
Scroll To Top
  • Home
  • Travel
  • Culture
  • Lifestyle
  • Sport
  • Contact Us
  • Politics
© Copyright 2025 - Be That ! . All Rights Reserved