Job Creation Stymied as Obama Strikes Out on Asian Trade Negotiations

A metaphor for President Obama’s recent trip to Asia was the widely aired game of soccer he had with a Japanese robot. In essence, Japan made Obama kick the impending Trans-Pacific Partnership (TPP) — which unites 12 economies around the Pacific Rim — down the road as trade talks stalled. How important is TPP to American trade? The Peterson Institute for International Economics projects that it could cause American exports to rise by $123.5 billion per year by... Read More

Is Caroline Kennedy the Best Choice for U.S. Ambassador to Japan?

President Obama recently announced the appointment of a completely unqualified Caroline Kennedy as U.S. ambassador to Japan. This is a mistake. If there ever was a time to have an experienced ambassador with solid credentials, it is now. The increasingly important Japanese market, the Trans-Pacific Partnership (TPP), which is the largest free-trade agreement in history, challenges posed by China, and a dangerous North Korea are a few of the issues Ms. Kennedy would face. Just... Read More

We Ignore Japan at Our Peril

A few weeks ago, I wrote about the deepening rift between the United States and Japan, and the folly of appointing a completely unqualified Caroline Kennedy as the U.S. ambassador to Japan. If there ever was a time to have an experienced ambassador with solid credentials, it is now. Just as the U.S.-led effort to create the multi-lateral Trans-Pacific Partnership (TPP) — the largest free-trade agreement in history — is gaining traction, which would open Asia for U.S.... Read More