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President Trump eyes reducing trade deficit with Japan

NHK reported online that the Wall Street Journal reported that President Trump is very interested in reducing the U.S. trade deficit with Japan, saying that the Trump administration is expected to call for concrete results at the ministerial-level trade talks slated for this month.

 

According to the network, the Wall Street Journal carried on Thursday an article written by an editor who talked to the President over the phone.The network said the article claimed that the President is extremely concerned about the U.S. trade deficit with JapanThe network noted that U.S. Ambassador to Japan Hagerty also said in an interview with NHK on Tuesday that President Trump is frustrated with the trade deficit with Japan and the fact that no agreement has been reached. The network added that USTR Lighthizer and Economic Revitalization Minister Motegi are scheduled to hold their second round of trade talks this month, claiming that the Trump administration is expected to call for concrete results to reduce the U.S. trade deficit, including the expansion of agricultural exports, while hinting at raising tariffs on auto imports.

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