Democrats reject platform proposal opposing TPP trade deal

Jun 25, 2016

Democrats reject platform proposal opposing TPP trade deal

Democrats on Friday voted down an amendment to the party’s platform that would have opposed the Trans-Pacific Partnership trade deal, avoiding an awkward scenario that would have put its statement of values at odds with President Barack Obama. Members of a Democratic National Convention ...

Back in the USSR? Ukraine rebels aim to 'bring up patriots'

Jun 23, 2016

Back in the USSR? Ukraine rebels aim to 'bring up patriots'

In camouflage uniforms and red caps, a group of young people gather in the Ukrainian rebels’ de facto capital of Donetsk to sing patriotic songs and discuss the conflict. They are members of Patriot, a youth club set up by separatist authorities in the ...

Japan rejects Clinton's TPP threat, won't renegotiate trade pact

Jun 22, 2016

Japan rejects Clinton's TPP threat, won't renegotiate trade pact

Japan does not plan to rework the Trans-Pacific Partnership free trade deal despite U.S. presidential hopeful Hillary Clinton’s suggestion Tuesday that she may try to renegotiate it, Deputy Chief Cabinet Secretary Koichi Hagiuda said on Wednesday. “We are not going to accept any request ...

Jun 8, 2016

Japan logs current account surplus for 22nd consecutive month

Japan posted a current account surplus for the 22nd consecutive month in April, the government said Wednesday, as declining crude oil prices reduced imports and rising numbers of foreign tourists pushed up a travel surplus. The current account surplus expanded 41.7 percent from a ...

May 21, 2016

Japan to up infrastructure aid to developing nations to $200 billion

The government plans to expand financial assistance for infrastructure improvement and resources development in emerging countries, mainly in Asia and Africa, to $200 billion over the next five years, it was learned Friday. Tokyo earlier unveiled a plan to extend $110 billion over five ...

May 19, 2016

Contentious TPP will only bring modest gains to U.S., report concludes

A contentious trade deal between the United States and 11 Pacific Rim nations would give the U.S. economy a modest boost, an independent federal agency reported Wednesday. The U.S. International Trade Commission said the Trans-Pacific Partnership would increase economic growth and create jobs. But ...

May 18, 2016

U.S. affirms China and Japan cold-rolled steel dumping margins

The U.S. affirmed the level of dumping margins it found on cold-rolled steel imports from China, paving the way for permanent duties on the product used in cars and appliances. Dumping margins were 266 percent for Chinese imports and 71 percent for Japanese cold-rolled ...

U.S. trade chief hoping for TPP approval despite negative rhetoric

May 18, 2016

U.S. trade chief hoping for TPP approval despite negative rhetoric

The top U.S. trade official is not losing hope for congressional approval of a sweeping pan-Pacific free trade agreement this year despite strong anti-trade rhetoric in the U.S. presidential campaign that may be influencing reluctant lawmakers. U.S. Trade Representative Michael Froman told reporters in ...