When the DPJ was campaigning to unseat the LDP in 2009, its manifesto included a pledge to "conclude" a free-trade agreement with the United States. The agricultural lobby flexed its muscles, and shortly after releasing its manifesto the DPJ issued several "clarifications," changing its pledge to reach an FTA with US to a pledge to …
Tag: free trade
Japan feels the heat
Based on the coverage in Japan's newspapers, it seems that Japan was blindsided by the US-ROK free-trade agreement. Perhaps Japanese observers did not quite believe that negotiators would be able conclude an agreement before time ran out. Of course, the agreement's passage in both the US and South Korean legislatures is hardly a foregone conclusion, …
Farewell six-party talks?
So the US Department of Commerce has imposed tariffs on imports of glossy paper from China, bowing to pressure from the paper industry.This is one of those cases that lead me to question whether the Bush administration is capable of walking and chewing gum at the same time.At the same time that the administration has …
Japan’s friends, kept at arm’s length
The Japan Times today has two op-eds that illustrate Japan's troublesome ties with the US, its ally, and South Korea, its wealthy, democratic neighbor and former colony.The first, by journalist Hanai Kiroku, calls for a US-Japan economic partnership agreement (EPA), to follow on the heels of the Japan-Australia EPA currently under negotiation. Given the scale …
Two Chinas, two Asias
I spent Friday afternoon at the headquarters of the Keidanren -- a classic example of Tokyo-style brutalism if I've ever seen one -- at a symposium convened by the World Trade Center Tokyo and the Tokyo American Center on "China's Rise and the Emerging Architecture of Trade and Investment in the Asia-Pacific Economy." Keynotes by …