Creating medicine is a complex and expensive business. While U.S. biopharmaceutical companies lead the world in drug development, international trade practices can stem the flow of innovation to new markets, depriving patients in need. Limited market penetration also means fewer resources to re-invest in the most successful engine for life-saving advancements on […]
Tag: Japan
The Sake-Scotch Pact: New EU-Japan alliance forming
“A Surprising New Alliance: Europe and Japan” Courtesy of CEPS Almost surreptitiously, Europe and Japan are discovering they have a great deal in common, joining up to defend free trade, democracy and the rule of law. For decades, low-grade commercial friction and political indifference marked the relationship. Japan’s powerful car industry frightened […]
U.S.-Japan trade deal is all about propping up American farmers
“Implications of the Japan – United States Mini Trade Agreement” By Sybrand Brekelmans and Uri Dadush, courtesy of the Bruegel Institute On 25th of September, President Trump and Prime Minister Abe concluded a partial trade-agreement whose main provisions are to reduce Japan’s tariffs on […]
U.S. sits out this free trade round, looks tired
Like an aging jock, the U.S. is sitting on the sidelines as other countries move the ball forward on a field it once dominated. A number of the world’s biggest economies are striking free trade deals, threatening to form regional trade blocs excluding […]
U.S.-Japan trade deal is a good start, at best
The U.S. and Japan signed a new trade deal on September 25, which certainly counts as good news in today’s fraught trade and diplomatic environment, more often characterized by tariffs and spurious reasoning. However the first phase of the U.S.-Japan deal is at […]
A U.S.-Japan trade deal is long overdue
U.S. President Donald Trump and Japanese Prime Minister Shinzo Abe are both casting about for new policies and strategies as they seek to revive their sagging political and diplomatic fortunes, while the Japanese leader also faces the difficult task of juicing economic growth in […]