Dec 3, 2016

U.S. allies hope for best as they reach out to Trump

America’s closest partners are putting a brave face on Donald Trump’s surprise election win while reaching out to try to shape his worldview and to preserve traditional alliances. Allies were rattled by Trump’s nationalist campaign rhetoric and by the haphazard way he has approached ...

Trump's Treasury pick targets taxes, trade reforms

Dec 1, 2016

Trump's Treasury pick targets taxes, trade reforms

President-elect Donald Trump’s pick to lead the U.S. Treasury, Steven Mnuchin, said on Wednesday the administration would make tax reform and trade pact overhauls top priorities in order to achieve a sustained pace of 3 percent to 4 percent economic growth. The one-time Goldman ...

Nov 30, 2016

Trump confronting China on trade sets up backlash

If U.S. President-elect Donald Trump delivers on campaign pledges to get tough with China on trade, lining up against him likely will be another powerful adversary: American multinational corporations. These companies have more than $228 billion in China investments at stake in the event ...

Nov 28, 2016

Ruling parties agree on two-week Diet extension

The ruling coalition decided on Monday to extend the extraordinary Diet session by two weeks, giving itself a window to pass bills on the Trans-Pacific Partnership trade agreement and pension reform before the legislature closes for the year. The extension means the extra session ...