Dec 12, 2014

TPP odds now 'higher than 50-50': Obama

The chances that U.S. negotiators can bring home a strong trade deal with Asia-Pacific countries are now much better than 50-50, U.S. President Barack Obama said on Thursday. Obama said he was also confident the administration could make a “strong case” in Congress for ...

Dec 8, 2014

TPP talks get back underway in Washington

Chief negotiators from 12 countries involved in the Trans-Pacific Partnership initiative resumed negotiations in Washington after their leaders reaffirmed last month they will conclude an agreement as soon as possible. The six-day working-level meeting started Sunday. This round follows a summit held Nov. 10 ...

GOP takeover could mean trouble for Japan

Nov 10, 2014

GOP takeover could mean trouble for Japan

by William Pesek

Perhaps no one in Asia is happier than Prime Minister Shinzo Abe and his ruling Liberal Democratic Party to see Republicans take over control of the U.S. Congress. In fact, Japan's plummeting currency and the Trans-Pacific Partnership trade deal put Abe in a tough ...

U.S. sticks to own free trade vision as China touts another

Nov 9, 2014

U.S. sticks to own free trade vision as China touts another

Washington will prioritize its own plans for an Asia-Pacific free trade agreement, a top U.S. official said Sunday, even as China seeks to elevate a broader vision for the region. The rival trading powers’ ideas on opening markets have injected an element of discord ...