Ja­pan, US might hold trade talks

The Star Early Edition - - BUSINESS REPORT | INTERNATIONAL -

JA­PANESE Prime Min­is­ter Shinzo Abe said yes­ter­day it was pos­si­ble Tokyo and Wash­ing­ton could hold bi­lat­eral free trade talks in the wake of US Pres­i­dent Don­ald Trump’s with­drawal from the Trans-Pa­cific Part­ner­ship (TPP) this week. Ful­fill­ing a cam­paign pledge Trump signed an ex­ec­u­tive or­der on Mon­day pulling the United States out of the TPP and dis­tanc­ing Wash­ing­ton from its Asian al­lies. Trump said the TPP would rob Amer­i­cans of jobs and in­vest­ment. Trump has made it clear that he favours two-way trade deals over mul­ti­lat­eral ones. – Reuters

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