U.S., Japan Continue to Fail to Broker Compromise on Autos in TPP, Says USTR
Japanese trade negotiators continue to fall short of meeting U.S. market access demands for the automotive sector in the Trans-Pacific Partnership (TPP) pact, said the Office of the U.S. Trade Representative (USTR) in a Feb. 15 press release that followed…
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a summit between USTR chief Michael Froman and Japan’s Minister of State for Economic and Fiscal Policy Akira Amari in Washington D.C. The U.S. is requesting concessions on Japanese automobiles and agriculture that would bring significant domestic political pressure to the Japanese government, said Japanese Ambassador to the U.S. Kenichiro Sasae in January (see 14013130). The next TPP ministerial will be held from Feb. 22-25.