Apr 17, 2014

U.S. agrees to let Japanese tariffs stand on rice, wheat

The United States has agreed to allow Japan to retain tariffs on rice and wheat, government sources said Thursday during bilateral talks related to the wider Pacific free trade negotiations. In return, Washington demanded Tokyo introduce a system to increase U.S. rice imports, which ...

Apr 17, 2014

Tokyo to limit cut-price Aussie pork and chicken via quota system

Japan will apply a tariff-quota system to imports of such Australian products as chicken and pork, allowing fixed amounts to enter the country at reduced duty rates, the farm ministry announced Thursday. Tokyo and Canberra reached a substantive free trade agreement on April 7 ...

Apr 16, 2014

TPP talks with U.S. forge on

With U.S. President Barack Obama’s visit to Tokyo approaching, Japanese and U.S. trade chiefs are set to face off again in Washington as they strive to break a deadlock in talks on a massive free trade zone in the Pacific region. Trade observers say ...

Apr 12, 2014

Japan rejects U.S. proposal to abolish auto tariffs over 30 years

The United States has proposed eliminating tariffs on imported Japanese vehicles over 30 years in bilateral talks related to a wider Pacific free trade pact, but Japan rejected it because the phaseout period is unusually long, sources close to the matter said Friday. The ...

Apr 11, 2014

Japan, U.S. trade chiefs pen in new bid next week to seal TPP deal

Japan’s minister in charge of the Trans-Pacific Partnership free trade talks said Friday he will meet with his U.S. counterpart in Washington next week as they accelerate efforts to resolve outstanding issues before the Japan-U.S. summit later this month. Akira Amari and Michael Froman ...

Apr 11, 2014

Congress top obstacle to TPP deal

by Eric Johnston

Failure by Japanese and U.S. negotiators to reach a Trans-Pacific Partnership agreement is making headlines across Japan and raising concerns about the implications for U.S. President Barack Obama’s trip here later this month. But as two U.S. congressional representatives and a Washington-based group opposed ...

Abe, Abbott reach FTA agreement

Apr 7, 2014

Abe, Abbott reach FTA agreement

by Mizuho Aoki and Reiji Yoshida

Prime Minister Shinzo Abe and Australian Prime Minister Tony Abbott agreed on a free trade pact Monday in Tokyo, ending seven years of negotiations. “Today’s general agreement has a historic significance for the two nation’s efforts to establish closer ties,” Abe said during a ...

Apr 2, 2014

Abe, Obama aiming for TPP deal by month-end

Prime Minister Shinzo Abe and U.S. President Barack Obama agreed last week to aim at reaching a broad accord in talks related to the Trans-Pacific Partnership multilateral free trade negotiations by the time the two leaders meet in late April, sources said Wednesday. They ...

Japan and Australia fail to agree on tariffs in FTA talks

Mar 26, 2014

Japan and Australia fail to agree on tariffs in FTA talks

Japan and Australia failed to reach an agreement over cutting tariffs on farm products during ministerial talks Wednesday in Tokyo and could only confirm they will continue the negotiations. After meeting with agriculture minister Yoshimasa Hayashi, his Australian counterpart Andrew Robb told reporters that ...

U.S. biz lobby says Japan's TPP proposal not enough

Mar 12, 2014

U.S. biz lobby says Japan's TPP proposal not enough

The level of market access proposed by Japan does not meet the standards of the proposed Trans-Pacific Partnership, James Fatheree, president of the U.S.-Japan Business Council, said recently. “It is clear that Japan has more work to do in order to meet the expectations,” ...

Mar 5, 2014

U.S. sets 2014 goal for signing TPP free trade pact

The Office of the U.S. Trade Representative has outlined a goal of concluding the Trans-Pacific Partnership this year. “In pursuit of job-supporting trade opportunities, the administration will work to conclude negotiations of the TPP in 2014,” the office said in a document attached to ...