Nov 11, 2015

White House rejects calls for possible renegotiation of TPP

A senior White House official denied Wednesday that the United States and 11 other Pacific Rim countries could renegotiate a sweeping free trade agreement, brushing off calls to revisit the text of the U.S.-led deal. Renegotiation of the Trans-Pacific Partnership initiative is “not an ...

Oct 27, 2015

Japan, China, South Korea trade ministers to meet Friday

The trade ministers from Japan, China and South Korea will hold talks Friday in Seoul, the Ministry of Economy, Trade and Industry said Tuesday. A three-way meeting like this has not been held since May 2012 due to Japan’s strained ties with China and ...

Oct 16, 2015

U.S. duty on Japanese motorcycles to be lifted under TPP trade pact

The United States will remove a tariff levied on Japanese motorcycles with engine displacements of over 700 cc under the recently agreed Trans-Pacific Partnership trade pact, sources familiar with the matter said Thursday. The 2.4 percent duty will be eliminated five years after the ...

Oct 7, 2015

Rice growers view TPP with mixed emotions

Japanese rice farmers have expressed mixed reactions to a broad Trans-Pacific Partnership free trade accord that, among other things, would increase imports of foreign rice. Toru Wakui, 67, head of an association of Akitakomachi brand rice farmers in the village of Ogata, Akita Prefecture, ...