Read time: 0 minutes

Japan Minister Says No Accord With US Over TPP Trade Deal

Japan's economy minister said Friday that Tokyo had not reached a basic accord with Washington over a Pacific-wide trade deal despite intense talks.
Japan Minister Says No Accord With US Over TPP Trade Deal

Via AFP:

US officials declared a "breakthrough" Friday after round-the-clock talks with Japan on a trade pact, despite failing to clinch a deal that would have raised hopes of a wider pan-Pacific agreement.

US President Barack Obama left Tokyo empty-handed having arrived Wednesday hoping for demonstrable progress on levering open Japan's tightly guarded auto and agricultural sectors -- key sticking points in setting up the 12-nation Trans-Pacific Partnership (TPP).

That did not appear to happen, as Obama and Japanese Prime Minister Shinzo Abe emerged from talks on Thursday saying only that they...

Continue reading...

More C&L Coverage


We welcome relevant, respectful comments. Any comments that are sexist or in any other way deemed hateful by our staff will be deleted and constitute grounds for a ban from posting on the site. Please refer to our Terms of Service (revised 3/17/2016) for information on our posting policy.