Japan, India and China are likely in “pole position” to secure a long-term trade deal with the US, while Singapore and Australia could also “unexpectedly race ahead,” according to Frederic Neumann, chief Asia economist at HSBC Holdings Plc.

“As the largest investor in the US and a major military ally, Japan might normally be first in line for any trade deal among Asian economies,” Neumann wrote in a note to clients dated Thursday.

AloJapan.com