Obama says Asia foreign policy focus not 'a passing fad'
- Donald Trump Sworn in as 45th U.S. President
- Wall Street ends higher as Trump becomes president
- Walgreens Boots Alliance (WBA) Said to Face Antitrust Concern for Rite Aid (RAD) Fix - Bloomberg
- Bristol-Myers Squibb (BMY) Says It Won't Pursue Accelerated U.S. Regulatory Pathway for Opdivo Plus Yervoy in Lung Cancer
- Apple (AAPL) Sues Qualcomm (QCOM) Over Patent Royalties in Antitrust Case - Bloomberg
Get instant alerts when news breaks on your stocks. Claim your 2-week free trial to StreetInsider Premium here.
VIENTIANE (Reuters) - President Barack Obama said on Tuesday his push to rebalance U.S. foreign policy to focus more on Asia was not "a passing fad" of his presidency and, in a clear reference to China, said bigger countries should not dictate to smaller ones.
"I've worked to rebalance our foreign policy to make sure America is a key player in the region," Obama said in a speech on the sidelines of a summit in Vientiane, Laos.
He also said that a failure to move ahead with the 12-nation Trans-Pacific Partnership trade pact would "call into question America's leadership".
"I think it is important for the entire region and it is important for the United States," he said.
(Reporting by John Chalmers; Editing by Robert Birsel)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Chinese state media hopes for best with Trump, prepares for worst
- U.S. department stores steady profitability boat even as sales slide
- Wall Street Week Ahead: Optimism among S&P 500 CEOs as Trump takes power
Create E-mail Alert Related CategoriesReuters
Related EntitiesBarack Obama
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!