U.S., Japan eye gap over agriculture, autos at trade talks

WASHINGTON Sat Feb 15, 2014 6:19pm EST

U.S. Trade Representative Michael Froman announces a trade enforcement action tied to India in his offices in Washington, February 10, 2014. REUTERS/Jonathan Ernst

U.S. Trade Representative Michael Froman announces a trade enforcement action tied to India in his offices in Washington, February 10, 2014.

Credit: Reuters/Jonathan Ernst

Related Topics

WASHINGTON (Reuters) - The United States and Japan will aim to find common ground on sticking points such as agriculture and autos at the next round of negotiations on a Pacific Rim trade pact, the U.S. Trade Representative said on Saturday after top-level talks.

After meeting Japanese Economy Minister Akira Amari in Washington, U.S. Trade Representative Michael Froman said the two countries agreed to work towards a comprehensive agreement at Trans-Pacific Partnership talks scheduled for next week in Singapore.

"Ambassador Froman and Minister Amari agreed on the importance of narrowing differences between the United States and Japan on agriculture and other market access and rules issues," Froman's office said in a statement.

A spokesperson for Amari was not immediately available for comment. Before the meeting, Japanese media had quoted Amari as saying a compromise between the United States and Japan, the biggest economies in the TPP, over controversial items was key to reaching a broad agreement at the Singapore meeting.

The United States had hoped to wrap up the TPP, which aims to cut tariffs in countries making up 40 percent of the world economy and set common standards on a range of other issues, by the end of last year.

But obstacles remain over issues including Japanese protection of sensitive agricultural products, such as rice, and U.S. automakers' fears of increased competition from Japan.

"Securing strong outcomes with Japan, including for American autos and agriculture, remains a high priority," Froman said.

The other countries negotiating the TPP are Australia, Brunei, Chile, Canada, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. Ministerial meetings are scheduled to start in Singapore on February 22.

(Reporting by Krista Hughes; editing by Gunna Dickson)

FILED UNDER:
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
Comments (3)
disengage wrote:
forget one sided trade…those days better be over…equal to equals..

Feb 15, 2014 10:15pm EST  --  Report as abuse
sabrefencer wrote:
see what happens to the Japanese economy, if we use trade restrictions against they, as they use them against us…

Feb 15, 2014 11:05pm EST  --  Report as abuse
American auto makers are only interested in the domestic American
market and will not spend a dime on developing a market for their
cars in Japan. Are they going to spend money on establishing their
own dealer and after service network in Japan ? The answer is and
has always been NO !!!

Feb 16, 2014 7:11am EST  --  Report as abuse
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

Recommended Newsletters

Reuters U.S. Top News
A quick-fix on the day's news published with Reuters videos and award-winning news photography and delivered at your choice of one of four times during the day.
Reuters Deals Today
The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.
Reuters Technology Report
Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents.