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Japan, U.S. reach framework trade pact, no U.S. concessions seen - Nikkei

Japan, U.S. reach framework trade pact, no U.S. concessions seen - Nikkei

24.8.2019

Japan , U.S. reach framework trade pact, no U.S. concessions seen - Nikkei

The United States and Japan have reached the broad framework of a trade agreemen...

FILE PHOTO: Japan's Minister of Economic Revitalization Toshimitsu Motegi speaks during the signing agreement ceremony for the Trans-Pacific Partnership (TPP) trade deal, in Santiago, Chile March 8, 2018. REUTERS/Rodrigo Garrido

The results of the Lighthizer-Motegi talks will be announced at a meeting between U.S. President Donald Trump and Japanese Prime Minister Shinzo Abe expected on Sunday on the sidelines of the Group of Seven summit in Biarritz, France, the Nikkei said.

Japan will cut its tariffs on U.S. beef and pork to the levels applied to members of the Trans-Pacific Partnership (TPP) agreement, the Nikkei said. Trump pulled America out of the TPP, which had been championed by his predecessor, Barack Obama.

“I think how we proceed the talks from now on, and the time schedule, will be announced at the summit meeting scheduled in Biarritz,” Motegi said.

“We negotiated to protect Japan’s position, our position on agriculture,” he said.

Trump is unhappy with Tokyo’s large trade surplus and he could pile pressure on Japan to curb its auto exports to the United States and open its highly protected agriculture market to fix what he calls unfair trade imbalances.

Motegi declined to comment on details but said the negotiations were based on the two nations’ joint statement in September.

Reporting by Kaori Kaneko in TOKYO, David Lawder, Andrea Shalal and Jonas Ekblom in WASHINGTON, and Chizu Nomiyama in NEW York; Editing by Cynthia Osterman and Paul Tait

Read more: Reuters Top News

我が国も、一歩たりとも譲歩しては成らない。あくまで、強硬姿勢を貫くべきだ・・。 🔻 ▪️ 🔻 » Na؛ba 196 « ▪️ Precious Extracts | Oh Soldiers of Islam From the Words of Shaykh Abu Mujhammad al-Adnani (May Allah Accept Him) Dwiًght Hoًward ~ ihereًbyorder ** So...nothing then?

Japan, U.S. negotiators fail to reach agreement on trade, to extend talksTop negotiators for Japan and the United States on Thursday failed to reach an a... 🙏 Odd...but with China succeeded No one wants to deal with USA while Trump is in office as President..,Trump is a liar and emotionally and mentally unstable and not fit to be the leader is the USA.

Can Japan Show the World How to Avoid Trump’s Trade Hammer?Heard on the Street: If Japan ’s flattery of President Trump can’t get Tokyo a trade deal, Brussels and Beijing have little chance Japan won't bend over for trump. Don't forget that they are samurai, not golfer WTF! WSJ? You do realise Abe is a hard right winger just like Trump? ‘Japan asked politely’- erm and the article was written by an intern? 😂🤦🏾‍♀️

Japan, U.S. made 'big progress' in trade talks: Japanese ministerThe United States and Japan have made 'big progress' in bilateral trad... In an insane world......... Japan so far has not caught the loony flu. Go Japan!!! Trump. What will repare the tiff. Offer Nucor’s stainless pots & pans. They only have woks

South Korea cancels Japan intelligence deal amid trade disputeSouth Korea will stop exchanging classified intelligence on North Korea with Japan amid a bitter trade dispute, Seoul said Thursday in a surprise announcement that is likely to set back U.S. efforts to bolster security cooperation with two of its allies.

S. Korea cancels Japan intelligence deal amid trade disputeSouth Korea will stop exchanging classified intelligence on North Korea with Japan amid a bitter trade dispute, Seoul says in a surprise announcement. BuckTurgidson79 Bad call SK needs all the allies they can get. This is a dumb move on their part. Shit must be catchy.

China treads a fine line as it seeks to mediate in Japan-South Korea trade disputeChina appears to be stepping up to mediate between Japan and South Korea as their trade battle intensifies — a move that could prompt the U.S. to get more involved in the region, one expert says.

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