Economics
Trump Announces Japan Trade Talks With Focus on Cars, Farm Goods
- U.S. agreed not to apply auto sanctions during talks, Abe said
- Japan won’t allow U.S. more farm market access than under TPP
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U.S. President Donald Trump reached an agreement with Japanese Prime Minister Shinzo Abe to open trade talks between the two nations.
Abe resisted for almost two years the push to start bilateral trade talks with its second-largest trading partner, but Trump’s threatened auto tariffs forced him to reconsider. The two countries have agreed that sanctions on auto exports won’t be applied while the talks take place, Abe told reporters.