TPP would raise growth, incomes in Japan,  IMF economist forecasts

Jul 24, 2015

TPP would raise growth, incomes in Japan, IMF economist forecasts

A Pacific free trade pact would give a big boost to Japan’s economic growth and individual incomes, according to an International Monetary Fund economist. “It could be annually between 0.2 to 0.3 percent (percentage point) per year as an additional impact on growth,” Luc ...

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 16, 2015

Japan proposes low-tariff quotas for butter imports under TPP

Japan has proposed setting low-tariff quotas for imports of butter and skim milk powder under terms being thrashed out for the Trans-Pacific Partnership, negotiation sources said Thursday. The proposal was made in response to strong calls from other members of the 12-nation TPP initiative, ...

Jul 7, 2015

TPP ministers to gather in Hawaii July 28-29

Pacific Rim countries pursuing a free trade initiative are set to hold ministerial talks on July 28 and 29 in Hawaii to wind up their marathon negotiations, a source said Monday. The United States, Japan and 10 other countries came up with the plan ...

Jul 2, 2015

Japan, U.S. might resume TPP talks next week

The Japanese and U.S. governments are considering resuming working-level talks related to the Trans-Pacific Partnership negotiations on July 9, according to informed sources. Through the talks, Tokyo and Washington hope to find common ground on pending issues on the multilateral free trade deal, including ...