ABSTRACT

U.S . - Japan Announce New Limited Trade Negotiations [October 17, 2018]   [open pdf - 122KB]

"On September 26, 2018, President Trump and Japanese Prime Minister Abe announced plans to enter into formal bilateral negotiations for a 'United-States Japan Trade Agreement on goods, as well as on other key areas including services, that can produce early achievements.' The announcement appeared to end a nearly two-year stalemate, in which Japan was resisting U.S. pressure to enter into bilateral trade talks, and at least temporarily suspended the threat of new U.S. tariffs against Japanese motor vehicles and auto parts. While the joint statement offers few details on overall negotiating objectives, both sides committed that, in conducting negotiations, they will 'respect positions of the other government' on market access outcomes in the auto and agricultural sectors, in particular--namely, the U.S. goal of creating production and jobs in the U.S. auto sector and the Japanese goal of protecting its agricultural sector."

Report Number:
CRS Insight, IN10981
Author:
Publisher:
Date:
2018-10-17
Copyright:
Public Domain
Retrieved From:
Congressional Research Service: https://crsreports.congress.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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