U.S. to scrap auto tariffs gradually in TPP-Japan government
TOKYO (Reuters) - The United States will scrap auto tariffs gradually under an extended period under a Trans-Pacific Partnership (TPP) free trade pact, the Japanese government said in a statement after the two countries agreed on a deal that will allow Tokyo to take part in talks on the Asia-Pacific trade agreement.
The bilateral agreement brings Japan closer to entering TPP talks, which Prime Minister Shinzo Abe has made part of a "third arrow" in his "Abenomics" policy, after fiscal spending and drastic monetary easing.
(Reporting by Kaori Kaneko; Writing by Linda Sieg; Editing by Robert Birsel)
- Pope attacks mega-salaries and wealth gap in peace message
- Atheists face death in 13 countries, global discrimination: study
- South Africa admits mistake over 'schizophrenic' Mandela signer |
- Thai military heads agree to meet protest leader at weekend |
- Missouri executes man for killing good Samaritan motorist in 1994