According to reports, this progress 'will be confirmed at the Japan-US summit' on the sidelines of the G7 summit in France, quoting Japan's minister in charge of trade talks with the US.
TRADE TALKS. In this file photo, Japanese Minister of Economic Revitalization Toshimitsu Motegi and US Trade Representative Robert Lighthizer shake hands prior to trade negotiations at the Office of the United States Trade Representative in Washington, DC, on August 1, 2019. Photo by Alastair Pike/AFP
"This progress will be confirmed at the Japan-US summit" on the sidelines of the Group of Seven summit currently being held in France, where how to proceed further will be also discussed, Motegi said.but the bullish US president has frequently claimed that Tokyo has an advantage in bilateral trade and has called for a"more fair" relationship.
Both sides agreed that Japan will cut tariffs on US beef and pork to the TPP levels, but will not set new quotas for butter and skim milk, NHK said, citing unnamed sources. The US will eliminate levies on a wide range of Japanese industrial products, but its tariffs on Japanese automobiles will be left for further negotiations as Trump sees the US trade deficit with Japan as a problem, NHK said.In these changing times, courage and clarity become even more important.
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