Jul 25, 2015

WTO agrees to cut some tariffs on IT products

Major economies including Japan, the United States and China have agreed to eliminate their tariffs on 201 information technology products. The deal, reached at a meeting in Geneva on Friday of World Trade Organization members participating in the Information Technology Agreement, is expected to ...

Jul 23, 2015

Japan, U.S. eye tariff 'snapbacks' in TPP auto talks

Japan and the United States are negotiating a bilateral scheme to counter vehicle trade pact violations with tariff hikes under the planned Trans-Pacific Partnership free trade agreement, according to sources. Under the “snapback” scheme, the United States would restore tariffs on vehicle imports from ...

Jul 2, 2015

Japan takes Brazil to WTO over taxes it says favor local firms

Japan launched a complaint against Brazil at the World Trade Organization on Thursday to challenge charges and taxes that it says illegally favor Brazilian-made goods over foreign competition, the WTO said in a statement. Japan says Brazil imposes a higher tax burden on importers ...

Jun 27, 2015

WTO rules against Kiev on auto tariffs

Emergency car import duties imposed by Ukraine in 2012 to safeguard its auto industry violate global trade rules, the World Trade Organization ruled Friday, urging Kiev to lift them. A WTO panel found in favor of Japan, which filed the complaint, ruling that “Ukraine ...

Jun 24, 2015

Amari says TPP agreement is possible in July

Economic and Fiscal Policy Minister Akira Amari said Wednesday the 12 countries negotiating a Pacific Rim free trade initiative can reach a broad agreement by the end of July, as U.S. Congress has neared passage of a bill that is crucial to concluding the ...

Apr 20, 2015

Japan, U.S. trade chiefs continue TPP talks ahead of summit

Trade chiefs from Japan and the United States continued negotiations on Monday that could pave the way to conclude the proposed 12-country Pacific free trade deal, seeking to resolve outstanding issues before their leaders’ summit in about a week. The second day of negotiations ...