US Treasury Secretary Steven Mnuchin says that Washington wants to include a provision to deter currency manipulation in future trade deals, including with Japan, based on the currency chapter in the new deal to revamp NAFTA.
Japan and the European Union will discuss enhanced economic cooperation based on international trade rules in late October. It will be the first ministerial-level meeting under an economic partnership agreement.
The "poison pill" provision to deter trade deals with China in the new US trade agreement with Canada and Mexico may be replicated in future US trade pacts, such as those with Japan and the European Union.
US Agriculture Secretary indicated his desire to demand Japan open its markets more than the extent agreed under the Trans-Pacific Partnership and its economic partnership agreement with the European Union.
It’s a significant shift by Tokyo which has been a strong advocate of a multi-nation trans-Pacific trade pact that President Donald Trump withdrew from soon after taking office.
Prime Minister Shinzo Abe and Turkish President Recep Tayyip Erdogan agreed to try to conclude negotiations for a free trade agreement “at an early date.”
Japan is mulling a bilateral trade agreement with the United States that would lower tariffs on US agriculture imports in exchange for avoiding higher tariffs on Japanese autos.
Japan is hoping to avert any import curbs and potentially steeper US import tariffs on its cars, and fend off U.S. demands for a bilateral free trade agreement (FTA).
The deal’s impact on efforts to halt illegal logging and the tradein illegal timber remains an area of deep concern.
Japanese Economy Minister Toshimitsu Motegi and US Trade Representative Robert Lighthizer will likely hold a second round of trade talks.
The attempt by the European Parliament administration to exert pressure on a tweet on the EU-Japan trade agreement shocked MEP Younous Omarjeee, who condemned this as an attack on freedom of expression.
Ecuadorian Foreign Trade and Investments Minister Pablo Campana expressed his intention to have an economic partnership agreement with Japan
Georgia is ready to start negotiations with Japan on a free trade agreement. Foreign Ministers discussed the ongoing negotiations of bilateral investment agreement.
Let’s build a movement against the EU-Japan trade agrement together.
Japan is planning to accept a greater number of caregivers from three Southeastern Asian countries having bilateral free trade agreements with Tokyo as part of efforts to address a labour shortage in the country.
Japan’s foreign minister has met his new Colombian counterpart and asked the South American country to join the Trans-Pacific Partnership free trade agreement.
Japan has already completed its domestic procedures to ratify the pact and Peru is in the midst of its own ratification process.
Motegi and Lighthizer exchanged views on individual trade areas but nothing has been decided.
Motegi told Lighthizer that Japan believes the TPP — an 11-member regional trade pact from which the United States withdrew last year — is the best trade deal for the two countries.
Japan will try to avert steep tariffs on its car exports and fend off US demands for a bilateral free trade agreement at talks in Washington, but a quick fix for the trade imbalance between the two countries appears elusive.