Japan’s bid to join negotiations for the Trans-Pacific Partnership trade agreement may make it easier for the nation to import U.S. liquefied natural gas, a prospect that is raising the hackles of environmental groups.
On paper, big, ambitious free-trade deals are the best kind. The more countries that agree to open their markets, the greater the benefits to consumers. But there’s a catch: If big trade deals try to include too many countries or take on too many issues, the negotiations can collapse under the weight of thousands of pages of details.
Secretary of State Hillary Clinton cheered her husband’s nominating speech for President Barack Obama at the Democratic National Convention from 10,000 miles away, in the tiny Southeast Asian nation of East Timor.
U.S. President Barack Obama has scheduled a summit later this month with leaders from Southeast Asia, a region that is the fourth-biggest market for American goods and one that Obama has targeted for increased trade.
President Barack Obama ’s plan to meet Southeast Asian leaders this month reaffirms U.S. trust in a group that’s leading efforts to meet global economic and financial challenges, a regional official said.