U.S. seeking to boost its clout in Asia through trade

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  • 1

    NetNinja

    I love Obama. He's sincerely the most American President of our time. This man is always out to support the working class. Trying to get jobs created and continue mutually beneficial trade. The end consumer always wins at the register.

    Japanese don't even realize it's a class war of their own. The few oppose this over the benefit for the many It's easy to see who Japan's 1% are. This nation is aiming at 10% comsumption tax. It's going to be rough if there's no competition for you to choose from.

    My advice....just sign it. It's not going to hurt.

  • 0

    JapanGal

    Good luck.

  • -8

    HawaiiVisitor

    Obama is clueless to the economic mess that America is in. Yes, he did not create it, but he sure is making it worse. America will be greatly weakened by his tenure in office.

  • -6

    sunhawk

    bring back Koizumi for effective politics again!

  • 3

    edojin

    The timing is not right for Japan to join in a TPP arrangement. Morever, it should not rush into joining as there are things in there that are not suited for Japan. and if Minshuto goes ahead and pushes it through, it (Minshuto) will take a beating in the next general elections.

    As for bringing Koizumi back ... no way!! That bum is one of the many reasons Japan tumbled into the economic ditch in the past decade. Bring him back and you can kiss more of your money goodbye.

  • 1

    globalwatcher

    As for bringing Koizumi back ... no way!! That bum is one of the many reasons Japan tumbled into the economic ditch in the past decade. Bring him back and you can kiss more of your money goodbye.

    edojin,

    Well said.

  • -1

    as_the_crow_flies

    Morever, it should not rush into joining as there are things in there that are not suited for Japan.

    Is that Japanspeak for it should not join? Will being slow change anything? Can Japan always expect that all arrangements will be suited for Japan? Or does it need to recognise its fast-declining clout and realise that sometimes it will have to compromise on what suits 'Japan'? The speed of the rise of competitor companies to Japanese exporters like Sony or Toyota give the lie to that. A lot of Japanese firms that taking its time is the last thing Japan Inc can afford to do.

  • 0

    just-a-guy

    America has lost her influences in asia since the defeat in Korea and vietnam, both were done by China's massive involvment and she is losing even more after the rise of China's economy! the TPP was nothing but unstability in the Japanese politics, I believes Mr Noda will join the TPP as a signal to show Japan's frustration at China's slap! But that just brought disstability to his own country, his party, the business sector and himself, he has no idea the backslashing from those people! Lets sit back and see how America will be drawn into the conflict between israel and iran! And she will lost 'asia' forever!

  • 0

    just-a-guy

    Go ahead and made my day....the TPP is a death kiss for every participants! That just causing chaos of their own! A political little gimmick instead of concrete and beneficial trading pact! Absolutely now orries for China! The resentment from japanese farmers will be greater than expected, the japanese agricultural sector shall never substaining any foreign imports,absolutely never and I wish Mr Noda sign that and the DPJ will be gone forever! Please do it....do it....!!! Do it now!

  • 0

    Yubaru

    He's sincerely the most American President of our time. This man is always out to support the working class.

    Huh? Me thinks you look at the man through rose colored glasses. Obama is a man out for himself like any other politician. He is only a "man for the people" as long as the government has their finger in the pie.

  • 0

    lostrune2

    A solution to low trade is..................... more trade.

  • 0

    PT24881

    Regionalism ? The world is divided into competitive camps ( EU, Asean, Nafta, APAC.. ) and the trend keeps intensifying. 'smart' nations like Singapore will try to adhere itself to a multiple of FTAs with all blocs, but poor nations left behind like those in Africa will be isolated ?

  • 0

    herefornow

    As for bringing Koizumi back ... no way!! That bum is one of the many reasons Japan tumbled into the economic ditch in the past decade. Bring him back and you can kiss more of your money goodbye.

    edojin and globalwatcher -- nonsense. That "bum" was the only PM in two decades who understood that Japan has become dangerously uncompetitive due to massive structural inefficiencies, like Japan Post, that suck capital out of the economy that could be better spent to foster growth, and tried to do something about it. He also capped borrowing by the government. But as soon as he left office the old-guard in the LDP, and now the DPJ, reversed all his reforms, and returned the country to nothing but a policy of continuing to do nothing, but borrow more money and raise more taxes to protect all the vested interests. Japan is on life-support, and until folks like you recognize that fact, the world will continue to leave Japan in its wake.

  • 0

    just-a-guy

    America and her 'allies' were HYSTERICAL when something related with China! That has reflected how fragile the so-called democracy alliance was in the pacific!

  • -1

    wtfjapan

    If Japan doesnt join manufacturers will have no choice but to shift more production to cheaper countries, and believe me the job loses and tax revenue loses will be far greater than what the farming industry will ever lose (agriculture only 1% of GDP)

  • 0

    ubikwit

    The United States will try to prove its mettle as an Asian power

    Since when was the United States a part of "Asia"?

  • 1

    MyOwnWoman

    ubikwit, I caught that, too.

  • 0

    Arthur Dumbolov

    USA thinks that World is part of it, not vice versa.

  • 0

    Fadamor

    The United States will try to prove its mettle as an Asian power as it welcomes Pacific leaders this week to Hawaii, hoping a sweeping trade pact will bind together the fast-growing region.

    Once again the French press FAILs. The United States is a North American power. It can NEVER be an Asian power unless some additional states start appearing in Asia. Considering the current economy that isn't happening for the foreseeable future. We aren't even keen on making the territories we already HAVE states.

  • 0

    Deplore

    America has lost her influences in asia since the defeat in Korea

    Unless you're looking at things through the eyes of MacArthur, I fail to see how the United States was defeated in Korea. If anything, it was a success of the containment policy.

    Of course, Vietnam is a different story.

  • -1

    Deplore

    The United States is a North American power. It can NEVER be an Asian power unless some additional states start appearing in Asia

    Since when was the United States a part of "Asia"?

    Do Hawaii and Guam count?

    Considering that the GDP of Hawaii alone is probably larger than some 'real' Asian countries....

  • 0

    taj

    Is Noda sporting the beginnnings of a moustache in that photo? Or is it just a wrinkle/shadow illusion?

    Someone should clue him in on Movember. He'd look very entertaining with a mo.

  • 0

    Yubaru

    Who anyway came up with the idea of TPP? Was it the USA?? I would like to understand what could be the motivation behind all this crap..

    The original agreement between the countries of Brunei, Chile, New Zealand and Singapore was signed on June 3, 2005, and entered into force on May 28, 2006.

    http://en.wikipedia.org/wiki/Trans-PacificStrategicEconomic_Partnership

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