Japan Archive

Earlier this month, Japan and the European Union concluded a mega-free trade deal that, when ratified, is expected to provide significant benefits to both sides. But as important as the economics of the deal is its symbolism, demonstrating a commitment to an international trade regime that has been passing through a zone of turbulence over the past year, largely due to arcane protectionist measures from the Trump administration. The U.S. has imposed large tariffs and threatened more on a wide range of products and countries, including allies such as Japan, Canada, Mexico and the European Union. Washington’s turn to protectionism […]

In its annual economic and fiscal policy guidelines issued last month, the government of Japanese Prime Minister Shinzo Abe announced a decision to create a new residency status for low-skilled foreign workers. The measure could be implemented as soon as next year following expected approval by the legislature this fall, and the administration hopes to bring in 500,000 foreign workers by the year 2025. This represents a major shift in Japanese policy, as the country’s official stance until now was to allow only foreign workers with specialized skills. However, the new policy was formulated with the narrow objective of addressing […]