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U.S.-Japan Trade Pact Near “Final Stage”
Japan’s top trade negotiator says Japan and the U.S. are approaching the “final stage” of a sweeping bilateral trade agreement.
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Japan’s top trade negotiator says Japan and the U.S. are approaching the “final stage” of a sweeping bilateral trade agreement.
The latest round of talks began in Washington, D.C., earlier today and are expected to continue into the weekend. “We are putting national interests at stake, and the negotiations are tough,” Toshimitsu Motegi tells reporters. But he says the two sides have been able to “deepen our discussions.”
Primary sticking points are greater U.S. access to the Japanese market for American beef and agricultural products, in return for an end to U.S. tariffs on Japanese cars and other industrial goods.
Motegi says negotiators have accelerated the pace of discussions. Their aim is to enable President Donald Trump and Prime Minister Shinzo Abe to reach a formal agreement during a United Nations General Assembly session in New York City in late September.
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