Driven by the agreement between Mercosur and the European Union, the government is working to enable a trade alliance between the South American bloc and Japan.
Officials from Japan and the United States started a three-day meeting to discuss a bilateral trade agreement, focusing on tariff cuts in agricultural and industrial products.
The Japanese and US governments will hold a working-level session in Washington to accelerate their trade talks
The Indonesian and Japanese governments are now working to complete the countries’ new economic partnership agreement, which is expected to be signed late this year.
Under Japan, G20 focuses on fixing current account imbalances with multilateral policy coordination not bilateral trade deals.
Japan and the United States tried to find middle ground Thursday in working-level negotiations on lifting or cutting tariffs on vehicles and other industrial goods, as they sought to hammer out a bilateral trade agreement.
U.S. Trade Representative Robert Lighthizer expressed hope Wednesday that the United States and Japan will soon reach a deal on agricultural tariff cuts as part of efforts to strike a bilateral trade agreement.
US Trade Representative Robert Lighthizer tells Congress that Japanese authorities ’understand completely’ the US desire for trade access to Japan and that efforts to reach a new trade agreement should bear fruit soon
Officials from Japan and the United States started a two-day meeting Monday in Washington to advance negotiations for a bilateral trade agreement.
The Japanese and US trade chiefs met in an attempt to advance talks on a bilateral deal but the two sides still remain at odds.
We urge the complete halt of US-Japan trade negotiations that undermine the livelihoods of family farmers and the sovereignty of rural communities in our two countries.
US Trade Representative Robert Lighthizer will hold talks with Japanese Economy Minister Toshimitsu Motegi in Tokyo today that will focus on a future bilateral free trade deal.
But as exports to the EU lag, shipments of pork and beef to Japan have spiked under the Comprehensive and Progressive Trans-Pacific Partnership.
Trump’s threat to raise tariffs 25% looms over the negotiations.
Taiwan government missed an opportunity to sign a FTA with Japan because failed to resolve the issue of the ban on food imports from Japanese regions hit by the 2011 Fukushima nuclear disaster.
US position would add pressure on Japan during trade talks
Economists had warned that the preferential tariff treatment the bloc enjoyed would threaten the market share of American producers
As President Trump prepares his push for a bilateral trade agreement with Japan, the path forward is complicated by at least three factors.
Japan’s Finance Minister Taro Aso pushed back against US efforts to link the yen with bilateral talks aimed at striking a trade deal.
Latest trade figures show that the trade imbalance persists, #US had a $6.67 billion goods trade deficit with Japan. So the tariff reductions under a bilateral trade pact will be kept to levels set by the Trans-Pacific Partnership.