Japanese Negotiators Worried Over Trump Tariffs As Trade Talks Approach

Japan is finally stepping into the ring for a fight it had managed to dodge for more than two years: Bilateral trade talks with U.S. President Donald Trump.

The world’s third-biggest economy has a lot at stake in the talks, which are expected to start next week in Washington just as the U.S.’s negotiations with China appear to be winding down. Prime Minister Shinzo Abe is desperate to avoid tariffs or quotas on lucrative auto exports, while Trump wants to crack open Japan’s agricultural market and reduce a $60 billion trade deficit.

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CANADIANCOMMENTS - 4/12/2019 1:27:58 PM

+1 Boost

Considering NAFTA/USMC has not been ratified yet, how about we get that finished first before another round of trade practices tweets (insert country name here) begins?

qwertyfla1 - 4/13/2019 10:26:53 AM

+2 Boost

Japan should be worried as they have the 5th largest trade deficit with the US and should buy more US goods to offset this or be slapped with tariffs. Trade has to be reciprocal and not a one way street.