ARLINGTON, VIRGINIA – The initial trade talks between U.S. and Japanese negotiators are incomplete. There is a strong desire to conclude a bilateral U.S.-Japan trade agreement, but there are many specific aspects and technical issues that will need to be ironed out before an agreement can be reached. Moreover, both sides must develop a consensus within their respective governments.
U.S. President Donald Trump appears to favor a bilateral approach, which will impact previously signed multilateral agreements, and his withdrawal from the Trans-Pacific Partnership makes any bilateral trade deal politically difficult for Prime Minister Shinzo Abe. In this context, it is necessary to understand that Trump negotiates from an unconventional multilateral approach.
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