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Japan’s tariff negotiator says the US’s reciprocal tariffs will be lowered by next week

Japan's Minister in charge of Economic Revitalization Ryosei Akazawa delivers a speech during a ceremony for U.S. National Day at the World Expo 2025 on July 19, 2025, in Osaka, Japan.
Japan’s tariff negotiator, Ryosei Akazawa, said the US would revise tariffs on Japan on September 16.

  • Japan’s tariff negotiator said the US would revise tariffs on Japanese goods by September 16.
  • In an X post, he said there would be a reduction in Japanese automobile tariffs.
  • The tariff rate for goods from Japan stands at 15%, pre-revision.

Japan’s tariff negotiator said the US tariffs on Japanese goods will go down.

Ryosei Akazawa, Japan’s minister of economic revitalization, who has been steering trade talks with the US, made the announcement via an X post on Tuesday.

In his post, Akazawa said that on Tuesday, September 16, the tariffs imposed by the US on Japan will be revised. He added that tariffs on automobiles and automotive parts from Japan will also be reduced.

This is the latest development in negotiations between the US and Japan, one of its largest trading partners.

In July, President Donald Trump announced that goods from Japan would be subject to a 25% tariff. Later that month, he reduced tariffs on the country from 25% to 15%, saying this was because Japan would be investing $550 billion in the US.

Trump reiterated this in an executive order in September. The order said that in return for the tariff reduction, Japan would provide American producers in sectors like aerospace, agriculture, food, energy, and automobiles with “breakthrough openings in market access.”

A representative of the Japanese embassy in Singapore did not respond to a request for comment from Business Insider.

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Sam Altman says people are starting to talk like AI

Sam Altman is holding a microphone in his right hand and gesturing with his left hand.
OpenAI CEO Sam Altman said on Monday that the X and Reddit posts on AI feel “very fake in a way it really didn’t a year or two ago.”

  • OpenAI CEO Sam Altman says people are beginning to sound like LLMs.
  • Altman said he had the “strangest experience” looking at forum posts about OpenAI’s coding tool.
  • AI-related social media posts feel “very fake in a way it really didn’t a year or two ago,” he said.

OpenAI CEO Sam Altman said on Monday that people may have picked up AI’s quirks and are starting to sound like large language models on social media.

Altman wrote in a post on X that he had the “strangest experience” looking at the flurry of online forum posts about Codex, OpenAI’s new agent tool for developers.

“I assume it’s all fake/bots, even though in this case, I know codex growth is really strong and the trend here is real,” Altman said on X.

Representatives for Altman at OpenAI did not respond to requests for comment from Business Insider.

Altman posited a few reasons for the surge in such content on social media. He said similarities in writing style could be cropping up because “real people have picked up quirks of LLM-speak.” Altman added that the “Extremely Online crowd drifts together in very correlated ways.”

Another reason suggested by Altman was that the nature of the hype cycle around AI tools “has a very ‘it’s so over/we’re so back’ extremism.” The rise of such content could be driven by “optimization pressure from social platforms on juicing engagement and the related way that creator monetization works,” he continued.

“But the net effect is somehow AI twitter/AI reddit feels very fake in a way it really didn’t a year or two ago,” Altman wrote.

Altman made a similar observation in an X post he published last week.

“I never took the dead internet theory that seriously but it seems like there are really a lot of LLM-run twitter accounts now,” Altman wrote in a post on Wednesday.

Paul Graham, the cofounder of startup incubator Y Combinator, responded to Altman’s post, saying that he noticed the same trend when he used X.

Graham said AI-generated content wasn’t just coming from “fake accounts run by groups and countries that want to influence public opinion,” it was also being published by “a lot of individual would-be influencers.”

Altman and Graham aren’t the only ones sensing a rise in “AI slop,” low-quality content made with little effort using AI, on the internet.

Substack CEO Chris Best said in an episode of “The a16z Podcast,” which aired last week, that “sophisticated AI goon bots” will saturate the media landscape with engagement bait.

“We’re going to live in a world where you could have a bunch of AI slop that keeps dumb people clicking,” Best said.

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A $24 billion media empire, 6 children, and a succession battle: Meet the Murdoch family

Murdoch family
Murdoch with his sons Lachlan Murdoch (L) and James Murdoch (R) arrives at St Bride’s Church for a service to celebrate his marriage to Jerry Hall.

  • The Murdoch family’s media empire includes Fox News, The Wall Street Journal, and The New York Post.
  • The succession battle over that empire has been resolved, the family’s companies said.
  • Rupert Murdoch’s eldest son, Lachlan Murdoch, will control the media brands under a new trust.

The Murdoch family’s multibillion dollar media empire includes Fox News, The Wall Street Journal, The New York Post, The Times of London, and more.

Rupert Murdoch, the 94-year-old patriarch of the family, inherited an Australian newspaper at age 22 and built out his media empire from there. He has been married five times and has six children.

The Murdoch family’s estimated net worth is over $24 billion, according to Forbes.

The battle over who would succeed Rupert Murdoch has gone on for years and has been relatively public, with much of it surrounding his two sons, Lachlan and James.

In 2023, Murdoch announced he was stepping down from his role at Fox Corporation and News Corp, leaving his eldest son, Lachlan, in charge.

On Monday, companies run by the family announced that the dispute over the Murdoch family trust has come to an end. Under the deal, Lachlan will control the media brands under a new trust, while his siblings James, Liz, and Prudence would receive cash compensation for their shares.

Here’s a look at the family members behind the empire, which is widely thought to be a major inspiration for the hit HBO show “Succession.”

The Murdoch family’s $24 billion fortune comes from a media empire that dates back to the 1950s.
Rupert Murdoch
Murdoch seen here in 1960.

Rupert Murdoch, the patriarch of the family, inherited a chain of Australian newspapers from his father, who was a war reporter turned publisher, in 1952. At the time, Murdoch was 22 years old and had just graduated from Oxford University.

He included scandalous stories in his papers which helped with sales. The early success allowed him to expand quickly. He started Australia’s first nationwide newspaper, The Australian, in 1964. By the 1970s, he was purchasing titles like the UK’s News of the World and The Sun. He founded Fox News in 1996.

In 2018, The New York Times wrote that Murdoch was able to grow the empire so quickly “in part by ruthlessly using his platform to help elect his preferred candidates and then ruthlessly using those candidates to help extend his reach.”

When Murdoch entered media markets for the first time, part of his strategy was to publish salacious content that others wouldn’t — perhaps most famously in the form of the topless women on the third page of The Sun. Years later, his English newspaper holdings were embroiled in a major voicemail hacking scandal, earning him the nickname “the dirty digger” from the satirical news show “Private Eye.”

Rupert Murdoch, 94, is the patriarch of the Murdoch family empire.
Rupert Murdoch
Rupert Murdoch, Chairman of Fox News Channel, September 10, 2017.

Murdoch’s name is synonymous with media and influence. He has built an empire that comprises Fox News, The Wall Street Journal, The Times of London, and other networks and newspapers all across the world.

As he entered his late 80s, his succession plan emerged as a question.

Over the span of his five-decade career, he has been married five times and fathered six children, many of whom are involved in the family business. His most recent marriage was to Elena Zhukova, a 67-year-old retired biologist, in 2024.

Murdoch sold 21st Century Fox to Disney for $71.3 billion in 2019, netting $12 billion that he then distributed equally between his six children.

He stepped away from leading Fox Corporation and News Corp in 2023, leaving his son Lachlan in charge.

Lachlan Murdoch is Rupert Murdoch’s successor.
lachlan murdoch

Lachlan, 54, is Rupert Murdoch’s eldest son. From 2014 until 2019, he was co-chairman of 21st Century Fox, until the company was sold to Disney for $71.3 billion.

After the Disney deal closed, Lachlan was named chief executive of Fox Corporation, the arm of the Murdoch media empire that contains Fox News and Fox Sports, which perhaps marked the final stage of the contest between the brothers to take over their father’s empire. (He and James had leapfrogged each other multiple times.)

Lachlan had started out overseeing a chain of Australian newspapers at 22 years old, and by his late 20s, he had risen to be the deputy chief operating officer of News Corp. He left the company in 2005 at the age of 33, interpreted at the time as a sign that James had taken the lead. But Lachlan was brought back into the fold by 2015.

When his father stepped down from his role in 2023, Lachlan took charge of Fox Corporation and News Corp.

Lachlan has been married to Australian model Sarah O’Hare since 1999. They have three children.

James Murdoch was once the heir apparent.
James Murdoch

James, Rupert Murdoch’s 52-year-old son, resigned from News Corp’s board of directors in 2020. His resignation was included in a regulatory filing.

“My resignation is due to disagreements over certain editorial content published by the Company’s news outlets and certain other strategic decisions,” Murdoch wrote in a two-sentence resignation letter.

His resignation came six months after he had slammed News Corp and Fox News for coverage that promoted climate change skepticism amid the Australian bushfires. James has historically been more liberal than his father; He and his wife, Kathryn, donated more than $1 million to Joe Biden’s presidential campaign in the 2020 cycle. In 2024, he endorsed Kamala Harris for president.

Before his departure, James was considered a likely successor to Rupert Murdoch, as he was the CEO of 21st Century Fox from 2015 until 2019, when it was sold to Disney. He had been involved in the family business for most of his adult life.

James opened his own private investment firm, Lupa Systems, in 2019. He is also on the board of directors at Tesla.

Under the agreement announced Monday, James will no longer have any stake in the companies built by his father and will receive cash compensation for his shares.

James and his wife have been married since 2000 and have three children.

Elisabeth Murdoch has also been involved with the family business.
Elisabeth Murdoch

Rupert Murdoch’s daughter Elisabeth, 57, also became a media mogul. She owned and ran her own television production company, Shine, in the UK before selling it to her father for £415 million ($546 million) in 2011. The sale netted her a News Corp board seat and £153 million ($201 million). She also cofounded Sister, a global production company.

Like James, Liz will no longer have any stake in the media companies started by her father as a result of the succession agreement, and will be paid cash for her shares.

She has four children: two with her first husband Elkin Pianim and two with her second husband Matthew Freud. She married a third time, to artist Keith Tyson, in 2017. 

James, Lachlan, and Elisabeth all have the same mother.
murdoch family 1989
Rupert Murdoch with children Lachlan, James, and Elisabeth, along with second wife Anna Murdoch at their home in New York City in 1989.

Rupert married the Scottish journalist Anna Murdoch Mann in 1967 — his second marriage. They divorced in 1999. Together, they had three children: Elisabeth, Lachlan, and James.

Rupert also had a daughter from his first marriage. In their divorce settlement, Anna Murdoch Mann fought for those four children to be the only beneficiaries of the family trust.

Prudence MacLeod is Rupert’s oldest, and the only child from his first marriage.
prudence murdoch

Prudence’s mother was Australian model Patricia Booker. Booker and Murdoch married in 1956 and divorced in 1966. 

Prudence, 67, and her husband, Alasdair MacLeod, were both involved with Murdoch businesses. They have three children.

Under the succession agreement, Prudence will not have any control over the family’s media companies and will receive cash compensation for her shares.

Wendi Deng was Rupert Murdoch’s third wife.
wendi deng rupert murdoch

Deng, now 56, is 37 years Rupert Murdoch’s junior. They met while she was working as an executive at a Murdoch-owned network in Hong Kong. She was also an advisor for China’s MySpace outfit and a film producer.

The pair married in 1999, aboard Murdoch’s yacht, just weeks after his divorce from Anna Murdoch Mann was finalized. They remained married for 14 years.

Murdoch and Deng share two daughters, Grace and Chloe.
rupert grace chloe wendi murdoch
Rupert Murdoch, with daughters Grace and Chloe and his third wife Wendi Deng in November 2019.

Grace and Chloe, who are beneficiaries of the Murdoch trust but do not have voting power, are now 24 and 22, respectively. They are the last of Murdoch’s six children. Their godparents are Nicole Kidman and Hugh Jackman.

Rupert Murdoch married Jerry Hall in 2016.
Murdoch and Jerry Hall on their wedding day

Hall, 64, a former model and actress from Texas, was Murdoch’s fourth wife.

The two met while she was playing Mrs. Robinson in a stage adaptation of “The Graduate” in Australia. She was previously Mick Jagger’s partner, with whom she shares four children. Another notable former partner of hers was Roxy Music frontman Bryan Ferry.

The couple finalized their divorce in 2022.

Elena Zhukova married Rupert Murdoch in 2024.
Rupert Murdoch and his wife holding hands and dressed up at an event.

In 2024, Rupert Murdoch married 67-year-old Elena Zhukova, a retired molecular biologist. Zhukova, his fifth wife, was once married to Russian billionaire Alexander Radkin Zhukov.

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