Trump and Abe meet at the G20 Summit in Hamburg. Photo: Kyodo News via Getty Images

If President Trump decides to re-enter the Trans-Pacific Partnership, Japan, the biggest economic player in the deal, would welcome him with open arms, a top Japanese diplomat told Axios on Wednesday, before Trump directed his top advisers to take a fresh look at the deal.

"We would welcome the U.S. anytime back to TPP."
— A Japanese diplomat

The backdrop: Japan views the TPP as its greatest weapon against China's growing influence, and the U.S.'s exit from the deal weakened its clout as a counter-coalition to Beijing.

Timing: Trump's decision to deputize his chief economic adviser Larry Kudlow and his top trade negotiator Robert Lighthizer to reconsider TPP comes right before he is scheduled to host Japanese Prime Minister Shinzo Abe in Mar-a-Lago on April 17th and 18th.

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Ben Geman, author of Generate
21 mins ago - Energy & Environment

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The Trump administration's scuttling or weakening of key Obama-era climate policies could together add 1.8 gigatons of carbon dioxide equivalent to the atmosphere by 2035, a Rhodium Group analysis concludes.

Why it matters: The 1.8 gigatons is "more than the combined energy emissions of Germany, Britain and Canada in one year," per the New York Times, which first reported on the study.

Boeing's one-two punch

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The grounding of Boeing’s 737 MAX was the worst crisis in the plane-maker’s century-long history. At least until the global pandemic hit.

Why it matters: Wall Street expects it will be cleared to fly again before year-end. Orders for what was once the company’s biggest moneymaker were expected to rebound after the ungrounding, but now the unprecedented slump in travel will dash airlines’ appetite for the MAX and any other new planes, analysts say — putting more pressure on the hard-hit company.

New downloads of TikTok, WeChat to be blocked in U.S. on Sunday

Illustration: Sarah Grillo/Axios

The Commerce Department issued Friday an order blocking new downloads of WeChat and TikTok in the U.S. as of Sept. 20.

The state of play: President Trump has been in a standoff with TikTok, threatening to ban the app if its Chinese owner, ByteDance, does not relinquish control to a U.S. company. A deal is in the works with the American tech company Oracle, but would need to go through before Sunday to prevent TikTok from being ousted from app stores.