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Gist of Japan-U.S. joint statement on trade

The following is the gist of a joint statement issued Wednesday by Japan and the United States after a meeting between Prime Minister Shinzo Abe and President Donald Trump in New York.

 

— Japan, U.S. will start talks for bilateral trade agreement on goods.

— U.S. will refrain from imposing automobile tariffs on Japan while talks are under way.

— U.S. will not push Japan for farm tariff cuts beyond levels agreed to under trade pacts such as Trans-Pacific Partnership.

— Japan, U.S. will cooperate with Europe in addressing unfair trade practices by China, other countries.

— Trump stresses importance of reciprocal trade, reducing trade deficit with Japan, other countries.

— Abe emphasizes importance of free, fair, rules-based trade.

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