Four years after Japan’s Prime Minister Shinzo Abe took office with a promise to revive his country’s moribund economy, that pledge is still largely unfilled.
The latest blow came with the GOP sweep of the U.S. election, which all but killed an Obama administration Pacific-region trade deal that had already been on life support.
The topic will likely top Abe’s list of concerns when he meets with President-elect Donald Trump on Thursday, a week after Japan ratified the so-called Trans-Pacific Partnership.
Trump has called the 11-country trade deal “a rape of our country” and the “worst danger yet,” a sentiment shared by a large number of congressional Republicans.
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Time For Truth: (CNBC) – Here's why Japan badly needs the trade deal Trump promised to kill