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Japan’s Worsening Social Divide: A Looming Political Risk

Around two and a half thousand years ago in Greece, Socrates despaired of young people. “The children now love luxury,” he lamented, “they have bad manners, contempt for authority; they show disrespect for elders and love chatter in the place of exercise.” Given his intellect, you might have expected a little more self-awareness; enough to […]

Japan's national flag is seen in front of containers and cranes at an industrial port in Tokyo, Japan, January 25, 2017.  REUTERS/Kim Kyung-Hoon

There Will Be Nothing Easy about a U.S.-Japan Free Trade Agreement

Now that Donald Trump has followed through on his campaign promise to withdraw the United States from the Trans-Pacific Partnership (TPP), hopes for trade liberalization between the United States and Japan have shifted to a potential bilateral free-trade agreement. Bilateral FTAs are the preferred vehicle for Trump’s new economic team because it is easier for each […]

Trump Asia

Editorial: Trump’s Trade Policies Will Make America Poorer

We cannot help but be disappointed by the seemingly inflexible stance of the Trump administration, which fails to understand the significance of free trade and which insists on viewing trading partners as enemies. President Trump’s view that the United States has been sacrificing American industry and enriching the industries of other countries for decades is […]

CHINA-TAIWAN/USA

Editorial: Trump’s Bullying of Toyota Is an Ominous Sign

President-elect Donald Trump has been rallying against American corporations that dare to move their production facilities overseas, and now he’s directing his rants against Toyota and its plans to build a new plant in Mexico.   What distinguishes this kind of tactic from the selective economic policies that he criticizes China for so vehemently?   […]