WASHINGTON: US and Japanese officials are working hard to reach agreement on a bilateral trade agreement, a senior Japanese official told Reuters on Wednesday , adding he was looking forward to news on the deal in the near future.
Such a deal would give Abe a win on autos while helping Trump shore up support among farmers, an important constituency ahead of the 2020 presidential election. "The Chinese are fearful the Japanese will get one first," the source said."Because it could effectively bring back ." Trump, angry about Japan's US$67.6-billion trade surplus with the United States, has threatened to slap 25 per cent tariffs on imported Japanese cars but delayed those as talks continue.
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