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Obama, Abe Putting Joint Face on Trade Amid Opposition in US

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President Barack Obama hosts a state arrival ceremony for Japanese Prime Minister Shinzo Abe, Tuesday, April 28, 2015, on the South Lawn of the White House in Washington. (AP Photo/Jacquelyn Martin)

President Barack Obama hosts a state arrival ceremony for Japanese Prime Minister Shinzo Abe, Tuesday, April 28, 2015, on the South Lawn of the White House in Washington. (AP Photo/Jacquelyn Martin)

 

(Associated Press) – Eager to build on the U.S.-Japan alliance, President Obama and Japanese Prime Minister Shinzo Abe will work to strengthen economic ties while confronting stiff resistance from Obama’s own political party to a massive new Pacific Rim trade deal.

Trade is one of the top agenda items for Abe’s state visit to the U.S. as the two countries work toward a 12-nation Trans-Pacific Partnership agreement that would further open vast Asian and Pacific rim markets to U.S. exports.

Abe’s visit comes as Obama’s negotiators work to complete the trade agreement, and as Obama seeks authority from Congress to put the deal, once it’s completed, on a fast track to approval later this year. Obama is pressing for the trade agreement and the negotiating authority against mounting pressure from liberals and labor unions who fear trade agreements can cost American jobs.

The U.S. and Japan are the agreement’s biggest participants and the talks between the two countries would go far in advancing the broader negotiations. But while Obama and Abe won’t be ready to announce a trade breakthrough, officials on both sides say they will likely declare they have made considerable progress in closing remaining gaps. The toughest sticking points are U.S. tariffs on Japanese pickup trucks and barriers in Japan on certain U.S. agricultural products.

Ahead of Tuesday’s meeting and the pomp and circumstance of a state visit, Obama took Abe to the Lincoln Memorial Monday afternoon. Obama played tour guide, leading the Japanese leader up the steps into the memorial where they examined the Gettysburg Address sketched into the marble walls.

Also on Monday, Japanese and U.S. foreign and defense ministers meeting in New York approved revisions to the U.S.-Japan defense guidelines. The new rules boost Japan’s military capability amid growing Chinese assertiveness in disputed areas in the East and South China Sea claimed by Beijing. The changes, which strengthen Japan’s role in missile defense, mine sweeping and ship inspections, are the first revisions in 18 years to the rules that govern U.S.-Japan defense cooperation.

Indeed, China’s economic and military footprint serves as a major backdrop for Abe’s visit.

Obama has undertaken an effort to rebalance the U.S. role in Asia and has argued time and again that without a trade agreement with Asian countries, China will step into the breach.

“If we don’t write the rules, China will write the rules out in that region,” Obama said in an interview with The Wall Street Journal. “We will be shut out — American businesses, American agriculture. That will mean a loss of U.S. jobs.”

Abe is sure to get a flavor of the opposition Obama confronts from Democrats and from the political left. He will address a joint meeting of Congress on Wednesday, and a coalition of trade deal critics plan to place a giant Trojan Horse, symbolizing the fast-track authority Obama seeks, well within view of his motorcade.

Likewise, Republican supporters of the trade deal were applying pressure on Abe. In an opinion piece in The Washington Post, House Ways and Means Committee Chairman Paul Ryan urged Abe to stand up to the Japanese farms and auto lobbies in favor of more open trade.

Educated at the University of Southern California, Abe will be the first Japanese leader to address both houses of Congress. He intends to deliver his remarks in English.

Abe’s visit comes on the 70th anniversary of the end of World War II and has already prompted demands that he use his trip to address the use of sex slaves by the Imperial Army during the war. The issue has been a major irritant with South Korea, which has demanded an apology from Abe.

Nothing seemed to underscore the reconciliation between the countries more than the agreement to boost the U.S.-Japan defense relationship, which would allow Japan to play a bigger role in global military operations with an eye on potential threats from China and North Korea.

Secretary of State John Kerry said the shift marks a historic transformation in the post-WWII relationship between Tokyo and Washington that recognizes the “evolving risks and dangers both in Asia-Pacific and across the globe.”

Japanese Foreign Minister Fumio Kishida agreed, saying “the security situation around Japan is becoming more harsh and difficult.”

The revisions come with a renewed pledge of the U.S. position that the Senkaku Islands — a group of small, uninhabited islands in the East China Sea — fall under Japanese administration and are within the scope of the U.S.-Japan mutual defense treaty. China also claims the islands, which Beijing calls Diaoyu.

China on Tuesday reiterated its claim on the islands.

“No matter what anybody says or does, the fact won’t change that the Diaoyu Islands belong to China,” Chinese Foreign Ministry spokesman Hong Lei said. “The Chinese government will firmly defend the country’s territorial sovereignty and integrity.”

In his interview Monday, Obama tried not to portray the U.S. as an antagonist to China but said, “We don’t want China to use its size to muscle other countries in the region around rules that disadvantage us.”

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Oakland Post: Week of April 1 – 7, 2026

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Financial Wellness and Mental Health: Managing Money Stress in College 

While everyone’s financial situation is unique, several common sources of stress have the potential to strain your financial health. These include financial and economic uncertainty, existing debts, unexpected expenses, and mental or physical health changes. Financial stress may differ from situation to situation, but understanding the factors contributing to yours may help you begin to craft a plan for your unique circumstances. 

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Sponsored by JPMorganChase

As a college student, managing financial responsibilities can be stressful.

If you’ve found yourself staying up late thinking about your finances or just feeling anxious overall about your financial future, you’re not alone. In one survey, 78% of college students who reported financial stress had negative impacts on their mental health, and 59% considered dropping out. While finances can impact overall stress, taking steps to manage your finances can support your mental, emotional and physical well-being.

When it comes to money, the sources of stress may look different for each student, but identifying the underlying causes and setting goals accordingly may help you feel more confident about your financial future.

Consider these strategies to help improve your financial wellness and reduce stress.

Understand what causes financial stress

While everyone’s financial situation is unique, several common sources of stress have the potential to strain your financial health. These include financial and economic uncertainty, existing debts, unexpected expenses, and mental or physical health changes. Financial stress may differ from situation to situation, but understanding the factors contributing to yours may help you begin to craft a plan for your unique circumstances.

2. Determine your financial priorities

Start by reflecting on your financial priorities. For students this often includes paying for school or paying off student loans, studying abroad, saving for spring break, building an emergency fund, paying down credit card debt or buying a car. Name the milestones that are most important to you, and plan accordingly.

3. Create a plan and stick to it

While setting actionable goals starts you on the journey to better financial health, it’s essential to craft a plan to follow through. Identifying and committing to a savings plan may give you a greater sense of control over your finances, which may help reduce your stress. Creating and sticking to a budget allows you to better track where your money is going so you may spend less and save more.

4. Pay down debt

Many students have some form of debt and want to make progress toward reducing their debt obligations. One option is the debt avalanche method, which focuses on paying off your debt with the highest interest rate first, then moving on to the debt with the next-highest interest rate. Another is the debt snowball method, which builds momentum by paying off your smallest debt balance, and then working your way up to the largest amounts.

5. Build your financial resilience

Some financial stress may be inevitable, but building financial resilience may allow you to overcome obstacles more easily. The more you learn about managing your money, for instance, the more prepared you’ll feel if the unexpected happens. Growing your emergency savings also may increase resilience since you’ll be more financially prepared to cover unexpected expenses or pay your living expenses.

6. Seek help and support 

Many colleges have resources to help students experiencing financial stress, like financial literacy courses or funds that provide some assistance for students in need. Talk to your admissions counselor or advisor about your concerns, and they can direct you to sources of support. Your school’s counseling center can also be a great resource for mental health assistance if you’re struggling with financial stress.

The bottom line

Financial stress can affect college students’ health and wellbeing, but it doesn’t have to derail your dreams. Setting smart financial goals and developing simple plans to achieve them may help ease your stress. Revisit and adjust your plan as needed to ensure it continues to work for you, and seek additional support on campus as needed to help keep you on track.

 JPMorgan Chase Bank, N.A. Member FDIC

© 2026 JPMorgan Chase & Co.

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