print PRINT

ECONOMY > Trade

Congress holds hearing on U.S.-Japan trade deal

  • November 21, 2019
  • , Nikkei , NHK
  • JMH Summary

NHK took up a congressional hearing on Wednesday on the U.S.-Japan trade agreements, saying that the participating lobbyists and industrial representatives called for the Trump administration to seek additional Japanese steps to open its market. A representative of United Auto Workers reportedly urged the administration to limit auto imports from Japan in order to reduce the U.S. deficit given that the agreements failed to address the currency issue. The official argued that Japan has used currency manipulation to export its products to the U.S. market. An unnamed former USTR official stressed that Japan needs to lower tariffs on American rice and butter.

 

Asahi and Nikkei ran similar stories, adding that the House Ways and Means committee session was sponsored by the Democrats, who reportedly complained that the Trump administration struck a deal with Japan without sufficient coordination with Congress. USTR Lighthizer and other Trump administration officials reportedly did not attend the hearing despite a congressional request for them to do so. 

  • Ambassador
  • Ukraine
  • OPINION POLLS
  • COVID-19
  • Trending Japan