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"It will actually hurt trade".
Odd business practices already show how delays hurt trade.
The row has already hurt trade ties between Asia's two largest economies, as Chinese consumers have boycotted Japanese goods.
If tensions between Japan and China persist, that will hurt trade between the world's second- and third-largest economies, too.
The Obama administration said that the proposed plan might further hurt trade relations between the two countries.
See articleThe ripple effectsPrices fell sharply on a wide range of commodities amid worries that the disaster in Japan could hurt trade in East Asia and beyond.
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And investment banks and brokerage firms are still licking their wounds from market volatility that has hurt trading operations.
J. P. Morgan & Company's third-quarter earnings plunged a greater-than-expected 60percentt as slumping worldwide markets hurt trading revenue.
Options markets are in demand because they offer higher margins than stock markets, where competition and the advent of alternative electronic networks have hurt trading volume and squeezed profit.
It also observed that if its own spreads tightened, the change in the fair value of certain trading liabilities would also hurt trading results.
Wall Street banks that reported earnings earlier in the month, including JPMorgan Chase & Co , Citigroup Inc and Bank of America Corp also reported lower fixed-income trading revenue, and said that uncertainty about the Federal Reserve's plans for monetary easing had also hurt trading volumes.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com