US, Japan Auto Talks Fail to Yield Breakthrough, Says USTR
Acting Deputy U.S. Trade Representative (USTR) Wendy Cutler concluded on July 18 three days of Trans-Pacific Partnership auto trade negotiations without announcing any significant breakthroughs in the talks. The two sides made “steady progress” in the talks but gaps remain,…
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said USTR. Through the Trans-Pacific Partnership (TPP), the Obama administration is aiming to liberalize the historically closed Japanese auto market by dismantling a number of non-tariff barriers, but the U.S. and Japan don't see eye to eye on a number of areas (see 14050123). USTR did not announce any date for auto talks to resume.