Japan-US Trade Talks to Start in Mid June

Japan and the United States are likely to hold the first round of their new dialogue on trade and investment in mid-June or later, Japan’s minister in charge of the negotiations said Tuesday.

Economic and Fiscal Policy Minister Toshimitsu Motegi, citing the ongoing Diet session, told a press conference that the Japanese government has informed the United States of when it can participate in the initial round of talks.

Japanese Prime Minister Shinzo Abe and U.S. President Donald Trump last week agreed to set up the new ministerial consultations aimed at a “free, fair and reciprocal” trade deal during their summit in Trump’s Mar-a-Lago resort estate in Palm Beach, Florida. U.S. Trade Representative Robert Lighthizer will be Motegi’s counterpart in the consultations.

Immediately after taking office in January last year, Trump withdrew the world’s largest economy from the Trans-Pacific Partnership, leading the remaining 11 members led by Japan to sign the deal without the United States.

via Mainichi

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza