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"The lone miscalculation appears to have been allowing the president of the United States and the president of South Korea to meet without an agreement on trade," said Patrick M. Cronin, senior director of the Asia program at the Center for a New American Security. "In hindsight, an accord should have been hashed out months ago." Overall, the economies of Asia are "moving," Obama said. "We should feel confident about our ability to compete, but we are going to have to step up our game." The best moments of the trips may have been during Obama's three days in India, where he sealed $10 billion in commercial deals, firmly staking a claim in the booming country's future prosperity, and delighted his hosts by announcing his support for a permanent Indian seat on the U.N. Security Council. But it was first lady Michelle Obama who won India's heart by visiting several times with schoolchildren and dancing with them in images replayed nonstop on India's jostling cable networks. In Indonesia, Obama spoke to an appreciative, collegiate crowd in his boyhood home city in Jakarta, but the trip was brief
-- less than 24 hours on the ground, cut even shorter when ash spewed by a volcano threatened airspace. South Korea and Japan featured economic negotiations and meetings with world leaders including Germany's Angela Merkel, Russia's Dmitri Medvedev and China's Hu Jintao. The limits of America's -- and Obama's -- influence was on painful display as the G-20 failed to produce specific action against China's currency undervaluation and Obama instead fielded questions about the wisdom of the Federal Reserve's recent move to stimulate the U.S. economy through a $600 billion purchase of Treasury bonds, which is expected to inflate the value of the dollar. Back in Washington countless challenges await: a lame-duck congressional session expected to feature a showdown over extending Bush-era tax cuts; negotiations with resurgent Republicans; and more potential shake-ups to the White House staff. Despite all that, Obama left Asia on a personal high: a return visit to an enormous bronze Buddha statue in Kamakura, Japan, that he had seen once as a child. Just as he did as a boy, he even got some green tea ice cream.
[Associated
Press;
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