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An earthquake of magnitude 6.3 has struck near the south coast of Japan’s island of Honshu.

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Japan:  An earthquake registering a magnitude 6.5 struck off the coast of Mie Prefecture around 3:30 a.m. Sunday, the Meteorological Agency reported.

Occurring at a depth of 420 km, the quake was still felt in the Kanto area, where it registered a 3 on the Japanese seismic intensity scale of 7.

No tsunami warning was issued and there were no reports of damage or injuries.

Japan is prone to earthquakes because of its geographical positioning. It sits on the Ring of Fire, an arc of volcanoes and fault lines in the basin of the Pacific Ocean.

The country had issued a tsunami alert after a powerful 6.5 magnitude earthquake hit Niigata and Yamagata prefectures located in the west coast of Honshu Island, last month.

While about 1,000 people were forced to evacuate their homes, 15 people in Niigata, Yamagata, and Miyagi prefectures were injured in the earthquake.

As a part of the damage caused by the earthquake, tombstones had fallen in cemeteries, while roof tiles went missing from several houses in Yamagata’s Tsuruoka City.

In addition, the earthquake caused a landslide in Yamagata”s Nishikawa Town while a road in the mountains had caved in, NHK World, the national state broadcaster had reported.

The earthquake had left thousands of homes without electricity in the Niigata and Yamagata prefectures, according to utility company official

 

 

Business

Without a China trade deal, the U.S. will hike tariffs

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Washington: U.S. President Donald Trump said on Tuesday that he would raise tariffs on imports of Chinese goods if no trade deal is reached with Beijing to end a tit-for-tat trade war that has roiled markets and damaged growth worldwide.

“China is going to have to make a deal that I like. If they don’t, that’s it,” Trump told reporters on Tuesday. “If we don’t make a deal with China, I’ll just raise the tariffs even higher.”

US Commerce Secretary Wilbur Ross was more measured in his comments, saying that the White House remains “optimistic” that an agreement can be reached.

US Treasury Secretary Steven Mnuchin said on Monday that he still expects a deal to be reached, but he also anticipated an additional 15 per cent tariff to be placed on about US$156 billion of Chinese imports on December 15 if there is no agreement.

“I have every expectation if there’s not a deal, those tariffs would go in place. But I expect we’ll have a deal,” Mnuchin

Predictions of a resolution have come and gone repeatedly as Trump veers from hints of imminent deals to declaring his satisfaction with the current standoff, because the United States is pulling in billions of dollars in trade tariffs.

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