Thai gov. to tax (remitted) income from abroad for tax residents starting 2024 - Part II

[webfact]

Trump meets Japanese emperor on state visit overshadowed by trade

By Jeff Mason and Linda Sieg

 

U.S. President Donald Trump and first lady Melania Trump stand at attention next to Japan's Emperor Naruhito and Empress Masako at the Imperial Palace in Tokyo, Japan May 27, 2019. REUTERS/Jonathan Ernst

 

TOKYO (Reuters) - U.S. President Donald Trump met Japan's new Emperor Naruhito and Empress Masako on Monday in the ceremonial highlight of a state visit overshadowed by trade tensions between the two allies.

 

Trump, a fan of pomp and circumstance, was greeted by the new emperor and his Harvard-educated wife at the imperial palace in Tokyo in a formal welcome ceremony broadcast live on national television.

 

He became the first foreign dignitary to be received by the monarch since inheriting the throne this month after his father, Akihito, stepped down in the first abdication by a Japanese emperor in two centuries.

 

Trump gave a slight bow and he and First Lady Melania Trump shook hands with the imperial pair before entering the palace, to be met by Prime Minister Shinzo Abe and his wife, Akie, among others.

 

The president and emperor and their wives returned outside to walk a red carpet and stand under a hot sun while a military band played the national anthems of both countries.

 

Trump then walked the red carpet again, waving at assembled school children and inspecting Japanese troops before standing solemnly on a raised platform as a military band played a formal salute of honour.

 

Trump has made clear he was pleased to have been given the honour of the first reception with the emperor, who is treating him and his wife to a lavish state dinner later on Monday.

 

"It's over 200 years since something like this has happened. So it's a great honour to be representing the United States," Trump said at a dinner with Abe and the leaders' wives on Sunday.

 

TRADE FEUD SHADOWS

In between visits with the monarch, Trump is scheduled to hold formal talks with Abe, with whom he played golf, attended a sumo tournament and dined on Sunday.

 

The two leaders put on a show of friendship meant to demonstrate the strength of the U.S.-Japan alliance but have policy disagreements over trade and North Korea.

 

Trump has threatened to target Japanese automakers with high tariffs in his effort to cut trade surpluses with other countries that he sees as a sign that the United States has been mistreated.

 

Tokyo and Washington are working on a two-way trade pact but Trump has said he does not expect major progress on it until July, when Abe's ruling bloc faces an election for parliament's upper house.

 

Trump has spearheaded an expensive trade dispute with China. That trade war between the world's two largest economies has hurt markets worldwide and confounded U.S. allies, including Japan and the European Union.

 

Such allies share U.S. concerns about Chinese practices but object to Trump's tactics of threatening tariffs on their products rather than seeking cooperation in standing up to Beijing.

 

In addition to trade, Abe and Trump are expected to discuss North Korea and Iran. Trump said on Sunday he was not worried about a recent missile launch by North Korea.

 

That put him at odds with his own national security adviser, John Bolton, who said on Saturday Pyongyang's recent short-range missile tests violated United Nations Security Council resolutions. Japan shares Bolton's view.

 

Also on Monday, Trump will meet families of Japanese citizens abducted by Pyongyang decades ago to help train spies.

 

(Reporting by Jeff Mason; Writing by Jeff Mason and Linda Sieg; Editing by Paul Tait and Clarence Fernandez)

 

-- © Copyright Reuters 2019-05-27

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[Thailand]

Be wanting his own throne now! The tissue throne perhaps?

[Tug]

200 years since what happened?many us presidents have met with the Japanese emperor let’s hope he doesent make to much of a fool of himself 

[scorecard]

3 hours ago, Thailand said:

Be wanting his own throne now! The tissue throne perhaps?

Or a McDonalds chair...

[bendejo]

Kind of odd the president spends Memorial Day in another country.

 

[Emdog]

55 minutes ago, bendejo said:

Kind of odd the president spends Memorial Day in another country.

 

If we could just get him to leave for the 4th of July, too.....

[klauskunkel]

5 hours ago, webfact said:

Trump has made clear he was pleased to have been given the honour of the first reception with the emperor, who is treating him and his wife to a lavish state dinner later on Monday.

... and Emperor McTrump will reciprocate:

[Pedrogaz]

Trump is picking everyone off one by one while they whine about it....no one says no to him except the Chinese. I'm sure if the Chinese win out, Trump's bluster will disintegrate. Pusillanimous politicians from the UK, EU and Japan, Canada watch out.....and Thailand....you have a large surplus with the US too. Soon it will be your turn. The US cannot compete and having talked about free competition, now they have it, don't want it....they want you to be as low productivity as they are. But don't link any of this up....do everything he asks or you will be in the firing line, and most importantly keep using the USD for all your trade and keep buying US treasuries to keep the US debt behemoth afloat..

[Longcut]

1 hour ago, bendejo said:

Kind of odd the president spends Memorial Day in another country.

 

Why?

[expat_4_life]

Why is Trump in Japan? - by @adamscrabble

Japan is countering China for control of infrastructure investment in South & Southeast Asia. Japan is optimizing its lending and increasing money available for "development assistance" to neighbors.

 

Japan cannot stop China from using its brute force, yuan and its belligerent display of military and naval forces that threaten India on the seas in Western Indian Ocean/Djibouti and on land in Doklum. In the region, china wants ownership.

 

Japan's war is being fought by offering to supply those middle-income countries w/top shelf infrastructure
This is the alternative to China's "Belt and Road Initiative" and would lessen their dependence on Chinese yuan/lending...

 

Abe call this the “infrastructure gap”. Trump and Abe are rescuing the region with a "friendly, but robust counter to China. This is how wars are fought...

Whereas China's diplomacy is"Wushi Zhuyi" (pragmatism) it is authoritarian and blended with Confuciusism. it is their continuing of a 70's strategy called “Three Worlds” 70s theory: Leader of 3rd World of Asia & Africa to oppose control of 1st World Russia (at that time) & US. Japan took a different route, that of foreign investment. They used development assistance as diplomacy to build a NON-communist Asia, this to strengthen its economy. It was their resolution to reparations - public-private investment in Asia’s developing countries...

 

It is their “flying geese paradigm” help its neighbors transition to more lucrative industrial sectors and, in the process, grow wealthier itself.

Is this crucial to American interests..."you betcha!"

 

In 2016, Japan’ investment in Asian economies (excluding China and Hong Kong) was nearly $260 billion, exceeding China’s $58.3 billion....

When China President Xi began the "Belt and Road Initiative" in 2013, Abe countered with a new approach to infrastructure investment as part of his “Abenomics” program...This is vital to understand, it is the difference between a war and NOT a war.

 

Abe's “Quality” investment was devised by an advisory council = environmental/social impact/debt sustainability/safety and reliability of construction/impact on local employment/tech expertise.

 

In 2016 Abe unveiled “High-Quality Infrastructure Export Expansion Initiative.” Tokyo would 2x annual support for infrastructure exports to $1.8 billion in U.S. dollars.. and increase Nippon Export and Investment Insurance’s coverage for overseas projects to 100 percent.

Japan despite Eu claims, is ACTUALLY the world’s third-largest economy (don't get me started on this one ???? it is not a rejection of Asia countries to China its alternative source of funding and set of principles. China does not play nice with is partners, fact.  Obama admin was having a brutal time keeping its allies from joining China’s Asian Infrastructure Investment Bank and Congress, always busy on nothing, let the U.S. Export-Import Bank’s charter expire...not good

 

To Japan and India this is their "bilateral relationship".  "Abe likes India" and this is Japan as leader in the the Indo-Pacific. It is what Abe calls “Confluence of the Two Seas”.

Abe helped India in its northeast to counter aggression from the Chinese ( Doklam) and for rail projects like the Mumbai to Ahmedabad train/subway projects/energy/sanitation/ and a connectivity to align Asia with the east coast of Africa through the Asia-Africa Growth Corridor.

 

In 2017 Trump signed the BUILD for a US development Finance Corporation (USIDFC) to streamline the management of development finance.  This allocated a jump from 29 billion that Obama got, to $60 billion to invest, (doesn't all go to Asian projects). China will invest more, countries prefer Japan and the US to fulfill resolving the "infrastructure gap"

 

Nigeria, Kenya and many local to China countries are figuring out the risks/dangers of Chinese investment, that's why Trump is in Asia.

Edited May 27, 2019 by expat_4_life

[howbri]

48 minutes ago, Pedrogaz said:

Trump is picking everyone off one by one while they whine about it....no one says no to him except the Chinese. I'm sure if the Chinese win out, Trump's bluster will disintegrate. Pusillanimous politicians from the UK, EU and Japan, Canada watch out.....and Thailand....you have a large surplus with the US too. Soon it will be your turn. The US cannot compete and having talked about free competition, now they have it, don't want it....they want you to be as low productivity as they are. But don't link any of this up....do everything he asks or you will be in the firing line, and most importantly keep using the USD for all your trade and keep buying US treasuries to keep the US debt behemoth afloat..

Trump is only demanding "fair" trade from our trading partners. The U.S. has been taken advantage of for decades by allowing our export to be heavily taxed while we allow other countries free entrance to our market. The American taxpayer has been fleeced by the globalists costing us trillions. Smart to bring an end to it. Our treasury isn't the world's piggy bank.

[Thingamabob]

2 hours ago, Longcut said:

Why?

Why indeed ?

[bristolboy]

1 hour ago, howbri said:

Trump is only demanding "fair" trade from our trading partners. The U.S. has been taken advantage of for decades by allowing our export to be heavily taxed while we allow other countries free entrance to our market. The American taxpayer has been fleeced by the globalists costing us trillions. Smart to bring an end to it. Our treasury isn't the world's piggy bank.

Trump pulled out of TPP. The USA would have gotten access to Japan big time. And hurt China, too.

[Thingamabob]

Terrific welcome for DJT. Good to see given the non-stop, puerile rubbish thrown at him in the USA.

[bristolboy]

11 minutes ago, Thingamabob said:

Terrific welcome for DJT. Good to see given the non-stop, puerile rubbish thrown at him in the USA.

Yes. They just love him in Japan.

[Srikcir]

1 hour ago, Thingamabob said:

Terrific welcome for DJT. Good to see given the non-stop, puerile rubbish thrown at him in the USA.

Japanese are too polite and much more respect for their own government.

https://www.pewglobal.org/2018/11/12/views-of-the-u-s-and-president-trump/

Charts also referenced in ‘Absolutely Unprecedented’: Why Japan’s Leader Tries So Hard to Court Trump, By MICHAEL CROWLEY May 24, 2019 https://www.politico.com/magazine/story/2019/05/24/shinzo-abe-trump-japan-226985

And this is before Trump's lack of concern for North Korea's recent missile firings.