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ECONOMY > Trade

U.S., Japan to launch new trade talks on Aug. 9

  • August 1, 2018
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All national dailies wrote that Economy Revitalization Minister Motegi announced on Tuesday that the U.S. and Japan will hold the first session of their new trade talks in Washington on Aug. 9. Asahi speculated that the U.S. team to be led by USTR Lighthizer will probably call on Japan to launch negotiations on a bilateral FTA. Nikkei conjectured that Japan, which is concerned about the impact on domestic agriculture, will be put on the defensive in the upcoming talks because the United States is set to urge Tokyo to negotiate an FTA. Mainichi conjectured that in view of the United States’ dissatisfaction with its trade deficit with Japan, auto trade and the opening of Japan’s agriculture market will be taken up in the talks, adding that while Washington may urge Tokyo to hold bilateral trade negotiations, Japan plans to stress the importance of multilateral discussions for upholding the free trade system.

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