Japan slides back into trade deficit, erasing March surplus

May 25, 2015

Japan slides back into trade deficit, erasing March surplus

Japan swung back into a trade deficit in April after logging its first surplus in almost three years in March, but the shortfall shrank drastically year on year, thanks to stronger exports and lower energy bills, official data showed Monday. The monthly deficit came ...

U.S. Senate OKs fast-track trade authority for Obama

May 23, 2015

U.S. Senate OKs fast-track trade authority for Obama

In a victory for President Barack Obama, the Senate passed bipartisan legislation Friday night to strengthen the administration’s hand in global trade talks, clearing the way for a highly unpredictable summer showdown in the House. Senate passage of the trade bill capped two weeks ...

May 15, 2015

Diet OKs trade agreement with Mongolia

The Diet approved an economic partnership agreement with Mongolia on Friday. The Upper House passed the bilateral free trade pact by a majority vote at a plenary session. The Lower House has already approved the pact. The government will draw up relevant ordinances needed ...

May 13, 2015

No need for haste on TPP deal

The government must resist the temptation to make concessions that won't benefit Japan in its effort to conclude TPP negotiations with the U.S.

Senate trade vote looms, but won't settle trade debate

| May 12, 2015

Senate trade vote looms, but won't settle trade debate

A much-anticipated Senate vote on trade will pack some suspense Tuesday, but it won’t be the final word, no matter how it turns out. Supporters of President Barack Obama’s trade agenda need 60 votes in the 100-member Senate merely to start a full-blown debate ...