In Japan these days there is nothing quite like an annual meeting to focus the mind of a company losing its strategic way. After six months of defending itself against a takeover by Canada's Alimentation Couche-Tard ,

When it comes to the war in Ukraine, President Trump finds common cause with the world’s outlier states and stands against traditional U.S. allies like Britain, France, Germany, Canada, Japan and Italy.

Mexico, China and Canada were the largest importers for the US in 2023, and the first targets of US President Donald Trump’s tariffs. Germany, Japan, South Korea, Vietnam, India, Ireland, Italy and France may be next.

Gold medalists Riku Miura and Ryuichi Kihara of Japan, center, poses with silver medalists Deanna Stellato-Dudek and Maxime Deschamps of Canada, left, and bronze medalists Lia Pereira and Trennt Micha

France, Australia, Japan, Canada, New Zealand—following Washington’s lead—have each staged war games or concluded alliances with Manila targeting China.

Shares retreated Friday in Europe and Asia, with benchmarks in Japan, Hong Kong and South Korea tumbling more than 2% as U.S. President Donald Trump’s decision to push ahead with 25% tariffs on imports from Mexico and Canada and to double tariffs on Chinese products to 20% left investors reeling.