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U.S. President Barack Obama delivers remarks in the Rose Garden of the White House, Oct. 1, 2013.
U.S. President Barack Obama delivers remarks in the Rose Garden of the White House, Oct. 1, 2013.
(LARRY DOWNING/REUTERS)

U.S. budget crisis disturbs the dream of Pacific trade

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U.S. President Barack Obama, shackled to Washington by his country’s fiscal crisis, cancelled his trip this week to Asia, which is grim news for Stephen Harper, a golden opportunity for China and proof for those who seek it that the American empire is in decline.