Yoshihiko Noda, Japan's new prime minister, must be totally perplexed by his country's own trade policy, or lack thereof, and by those of his major trading partners. His predecessor flirted recently with a number of potential free trade agreements - bilateral pacts with Korea, China and the European Union, plus the multilateral Trans-Pacific Partnership (TPP) that would include the U.S. and much of Southeast Asia - but little came of it.
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