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Trump's currency, trade pressure tolerance test for Japan

2 Comments
By Noriyuki Suzuki

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Trying to have a talk with someone who rejects facts and lives in a fantasy world of his own making is going to be a real challenge, to say the least.

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Japan should push for a TPP without the US. It's remains a good deal overall, and it will counter China's RCEP, which would make China economically dominant in the region. Of course, reviving the TPP will be difficult, in part because many countries will likely want to renegotiate the details. But it is necessary.

Forget the US. They are going insular and protectionist, and wanting to do bilateral trade deals because they think it will give them a huge advantage. But as DJT found out from Merkel, the EU will not do bilateral deals between the US and individual member countries.

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