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Those Who'll Count In Next Trump Administration

Those Who'll Count In Next Trump Administration

File photo - U.S. Trade Representative Robert Lighthizer speaks as U.S. Secretary of the Treasury Steven Mnuchin and U.S. Secretary of Commerce Wilbur Ross listen during a meeting between U.S. President Donald Trump and Chinese Vice Premier Liu He in the Oval Office of the White House February 22, 2019. As the U.S. trade representative during President-elect Donald Trump’s first term, Lighthizer was the architect of the United States’ aggressive use of tariffs and other trade restrictions against friend and foe alike, abandoning decades of U.S. support for free trade. His trade policy revolution was subsequently embraced and expanded by the Biden administration. Lighthizer may now be on the short list for a key economic post come January, with treasury secretary mentioned as one possibility. Photo by Alex Wong/Pool/ABACAPRESS.COM

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Japan, U.S. businesses chiefs meet in Tokyo

Japan, U.S. businesses chiefs meet in Tokyo

TOKYO, Japan, April 18 Kyodo - Japan's Economy, Trade and Industry Minister Hiroshige Seko (R) and his U.S. counterpart, Commerce Secretary Wilbur Ross, meet in Tokyo on April 18, 2017.

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Kansai Sawayaka Bank launched, takes over failed Kofuku Bank

Kansai Sawayaka Bank launched, takes over failed Kofuku Bank

OSAKA, Japan - Shuichi Takahashi (2nd from L), president of Kansai Sawayaka Bank, takes part in a tape-cutting ceremony in front of the bank's head office in Osaka's Nishi Ward on Feb. 26. Kansai Sawayaka, created mainly by an investment fund led by U.S. financier Wilbur Ross, began operations the same day, taking over Kofuku Bank, a failed second-tier regional bank based in Osaka.

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FRC approves sale of Kofuku Bank to ARF

FRC approves sale of Kofuku Bank to ARF

OSAKA, Japan - U.S. financier Wilbur Ross (L) speaks at a news conference in Osaka on Oct. 6 after the Financial Reconstruction Commission (FRC) approved the sale of failed Kofuku Bank to the Asian Recovery Fund (ARF), an investment fund he heads. Seated on the right is Shuichi Takahashi, who will assume the presidency of the regional bank. At center is an interpreter.

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U.S. financier Ross discusses purchase of Tokyo Sowa Bank

U.S. financier Ross discusses purchase of Tokyo Sowa Bank

TOKYO, Japan - U.S. financier Wilbur Ross (R), together with officials of Japan's state-run Deposit Insurance Corp., announces an agreement allowing an investment fund led by Ross to buy Tokyo Sowa Bank, a failed Japanese midsize bank put under state control last June.

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Failed Kofuku Bank to be sold to U.S. investor group

Failed Kofuku Bank to be sold to U.S. investor group

OSAKA, Japan - Wilbur L. Ross (R), chairman of Asian Recovery Fund, an investment fund, speaks at a news conference in Osaka on May 18 after Japan's Financial Reconstruction Commission (FRC) and a group of FRC-appointed reorganization administrators of Kofuku Bank decided to sell the failed bank to his fund. Asian Recovery Fund will establish a new bank to take over the Osaka-based bank at the end of December.

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Commerce pick urges Toyota, others to build more plants in U.S.

Commerce pick urges Toyota, others to build more plants in U.S.

Undated photo shows U.S. Commerce Secretary-designate Wilbur Ross, who urged Toyota Motor Corp. and other manufacturers on Jan. 18, 2017, to build more plants in the United States as part of efforts to reduce the U.S. trade deficit and increase employment. (Kyodo) ==Kyodo

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Trump mulls placing businessman Ross in top commerce post

Trump mulls placing businessman Ross in top commerce post

File photo shows private equity investor Wilbur Ross. U.S. President-elect Donald Trump told reporters on Nov. 20, 2016 that he is considering appointing Ross as secretary of commerce. (Kyodo) ==Kyodo

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U.S. Commerce Secretary Ross, Chinese Ambassador to U.S. Cui

U.S. Commerce Secretary Ross, Chinese Ambassador to U.S. Cui

U.S. Commerce Secretary Wilbur Ross (L) and Chinese Ambassador to the United States Cui Tiankai attend an event celebrating the Chinese New Year at the Chinese Embassy in Washington on Feb. 6, 2019. (Kyodo) ==Kyodo

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U.S. Commerce Secretary Ross

U.S. Commerce Secretary Ross

Photo taken on April 18, 2017, shows U.S. Commerce Secretary Wilbur Ross at the Ministry of Economy, Trade, and Industry in Tokyo. (Kyodo) ==Kyodo

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U.S. Commerce Secretary Wilbur Ross

U.S. Commerce Secretary Wilbur Ross

Photo taken on June 2, 2018, shows U.S. Commerce Secretary Wilbur Ross (R) leaving a hotel in Beijing during his visit to the Chinese capital for high-level bilateral talks on economic and trade issues with China. (Kyodo) ==Kyodo

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U.S. Commerce Secretary Ross

U.S. Commerce Secretary Ross

Photo taken on June 2, 2018, shows U.S. Commerce Secretary Wilbur Ross (C) leaving a hotel in Beijing during his visit to the Chinese capital for high-level bilateral talks on economic and trade issues with China. (Kyodo) ==Kyodo

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U.S. Commerce Secretary Ross

U.S. Commerce Secretary Ross

U.S. Commerce Secretary Wilbur Ross is pictured at a hotel in Beijing on June 2, 2018, as he visits the Chinese capital for high-level bilateral talks on economic and trade issues with China. (Kyodo) ==Kyodo

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U.S. Treasury Secretary Mnuchin, Commerce Secretary Ross

U.S. Treasury Secretary Mnuchin, Commerce Secretary Ross

U.S. Treasury Secretary Steven Mnuchin (L) and Commerce Secretary Wilbur Ross leave a hotel in Beijing on May 4, 2018. (Kyodo) ==Kyodo

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U.S. Commerce Secretary Wilbur Ross

U.S. Commerce Secretary Wilbur Ross

U.S. Commerce Secretary Wilbur Ross leaves a hotel in Beijing on May 3, 2018 for a meeting with top Chinese officials on trade issues. (Kyodo) ==Kyodo

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U.S. commerce chief urges Japan carmakers to cut exports

U.S. commerce chief urges Japan carmakers to cut exports

U.S. Commerce Secretary Wilbur Ross speaks at a U.S.-Japan Council event in Washington on Nov. 13, 2017. Ross urged Japanese automakers to reduce exports from Japan and Mexico while beefing up production in the United States so as to slash the huge U.S. trade deficit with Japan. (Kyodo) ==Kyodo

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Japan not ready to start trade talks with U.S.

Japan not ready to start trade talks with U.S.

U.S. Commerce Secretary Wilbur Ross (L) attends an Economic Club event in Washington on July 25, 2017. Ross indicated that it will take time before the United States can start negotiations with Japan for a bilateral trade deal such as a free trade agreement. (Kyodo) ==Kyodo

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Kishida, Ross meet in Tokyo

Kishida, Ross meet in Tokyo

Japanese Foreign Minister Fumio Kishida (L) and U.S. Commerce Secretary Wilbur Ross shake hands in Tokyo on April 18, 2017. Representing U.S. President Donald Trump, Ross expressed his strong intention to conclude a bilateral trade agreement. (Kyodo) ==Kyodo

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Japan, U.S. commerce chiefs meet in Tokyo

Japan, U.S. commerce chiefs meet in Tokyo

U.S. Commerce Secretary Wilbur Ross (C) leaves the Ministry of Economy, Trade and Industry in Tokyo following talks with his Japanese counterpart Hiroshige Seko on April 18, 2017. (Kyodo) ==Kyodo

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Japan, U.S. commerce chiefs meet in Tokyo

Japan, U.S. commerce chiefs meet in Tokyo

U.S. Commerce Secretary Wilbur Ross meets with reporters in Tokyo on April 18, 2017, after talking with Japanese Economy, Trade and Industry Minister Hiroshige Seko. (Kyodo) ==Kyodo

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Japan, U.S. businesses chiefs meet in Tokyo

Japan, U.S. businesses chiefs meet in Tokyo

Japan's Economy, Trade and Industry Minister Hiroshige Seko (far R) and his U.S. counterpart, Commerce Secretary Wilbur Ross (2nd from L), hold talks in Tokyo on April 18, 2017. (Kyodo) ==Kyodo

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Stability of ailing Westinghouse parent Toshiba is vital: U.S.

Stability of ailing Westinghouse parent Toshiba is vital: U.S.

Japanese industry minister Hiroshige Seko (3rd from front R) and U.S. Commerce Secretary Wilbur Ross (far L) hold talks in Washington on March 16, 2017, two days after Toshiba Corp. said a filing for Chapter 11 bankruptcy protection by Westinghouse Electric Co. is one of its options. The United States regards Toshiba's fiscal stability as extremely important, Seko said. (Kyodo) ==Kyodo

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Stability of ailing Westinghouse parent Toshiba is vital: U.S.

Stability of ailing Westinghouse parent Toshiba is vital: U.S.

Japanese industry minister Hiroshige Seko (R) and U.S. Commerce Secretary Wilbur Ross shake hands in Washington on March 16, 2017, two days after Toshiba Corp. said a filing for Chapter 11 bankruptcy protection by Westinghouse Electric Co. is one of its options. The United States regards Toshiba's fiscal stability as extremely important, Seko said. (Kyodo) ==Kyodo

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Stability of ailing Westinghouse parent Toshiba is vital: U.S.

Stability of ailing Westinghouse parent Toshiba is vital: U.S.

Japanese industry minister Hiroshige Seko speaks to reporters in Washington on March 16, 2017. After separate talks with U.S. Energy Secretary Rick Perry and Commerce Secretary Wilbur Ross, Seko said the United States regards the fiscal stability of Toshiba Corp., the ailing parent company of Westinghouse Electric Co., as extremely important. (Kyodo) ==Kyodo

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Wilbur Ross eyed for Commerce Secretary in Trump's Cabinet

Wilbur Ross eyed for Commerce Secretary in Trump's Cabinet

Undated photo shows Wilbur Ross, a private equity investor. It was reported on Nov. 15, 2016, that Ross is one of the candidates to head the Treasury and Commerce departments under U.S. President-elect Donald Trump. (Kyodo) ==Kyodo

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Kansai Sawayaka Bank launched, takes over failed Kofuku Bank

Kansai Sawayaka Bank launched, takes over failed Kofuku Bank

OSAKA, Japan - Shuichi Takahashi (2nd from L), president of Kansai Sawayaka Bank, takes part in a tape-cutting ceremony in front of the bank's head office in Osaka's Nishi Ward on Feb. 26. Kansai Sawayaka, created mainly by an investment fund led by U.S. financier Wilbur Ross, began operations the same day, taking over Kofuku Bank, a failed second-tier regional bank based in Osaka.

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Sale of Tokyo Sowa to WL Ross canceled

Sale of Tokyo Sowa to WL Ross canceled

TOKYO, Japan - Kyoji Matsuda (2nd from L), a deputy governor of the government's Deposit Insurance Corp. (DIC), flanked by administrators of Tokyo Sowa Bank, speaks at a news conference in Tokyo on Nov. 30. Matsuda said DIC and the administrators have decided to cancel the sale of the failed regional bank to an investment company led by U.S. financier Wilbur R. Ross.

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FRC approves sale of Kofuku Bank to ARF

FRC approves sale of Kofuku Bank to ARF

OSAKA, Japan - U.S. financier Wilbur Ross (L) speaks at a news conference in Osaka on Oct. 6 after the Financial Reconstruction Commission (FRC) approved the sale of failed Kofuku Bank to the Asian Recovery Fund (ARF), an investment fund he heads. Seated on the right is Shuichi Takahashi, who will assume the presidency of the regional bank. At center is an interpreter.

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U.S. financier Ross discusses purchase of Tokyo Sowa Bank

U.S. financier Ross discusses purchase of Tokyo Sowa Bank

TOKYO, Japan - U.S. financier Wilbur Ross (R), together with officials of Japan's state-run Deposit Insurance Corp., announces an agreement allowing an investment fund led by Ross to buy Tokyo Sowa Bank, a failed Japanese midsize bank put under state control last June.

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Failed Kofuku Bank to be sold to U.S. investor group

Failed Kofuku Bank to be sold to U.S. investor group

OSAKA, Japan - Wilbur L. Ross (R), chairman of Asian Recovery Fund, an investment fund, speaks at a news conference in Osaka on May 18 after Japan's Financial Reconstruction Commission (FRC) and a group of FRC-appointed reorganization administrators of Kofuku Bank decided to sell the failed bank to his fund. Asian Recovery Fund will establish a new bank to take over the Osaka-based bank at the end of December.

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