
Business May 13, 2020
The two agreed on the need for "permanent changes" to be made to the WTO's dispute settlement system, Japan's Foreign Ministry said.
The two agreed on the need for "permanent changes" to be made to the WTO's dispute settlement system, Japan's Foreign Ministry said.
Trade minister Hiroshi Kajiyama and U.S. Trade Representative Robert Lighthizer exchanged views Monday on reforming the World Trade Organization, which has become largely dysfunctional due to a shortage of members in its appellate body. Meeting in Washington, the Japanese and U.S. trade chiefs also confirmed ...
Ex-USTR official Wendy Cutler calls on Japan to lead WTO reform
Wendy Cutler, who served as the acting deputy U.S. trade representative under President Barack Obama, called on Japan to lead the reform of the World Trade Organization in a recent interview. Cutler, currently vice president of the Asia Society Policy Institute, said the United States ...
Japan and U.S. trade chiefs to hold negotiations later this week
Japanese economic revitalization minister Toshimitsu Motegi will meet with U.S. Trade Representative Robert Lighthizer later this week in Washington to advance negotiations for a bilateral trade deal. Their two-day meeting starting Thursday will take place after talks were put on hold during campaigning for the ...
Motegi denies Japan will agree to early farm tariff deal with U.S.
Economic revitalization minister Toshimitsu Motegi denied again Tuesday the possibility of an early farm tariff deal with the United States as part of bilateral trade negotiations. "There will be no partial agreement. It will be a package agreement," Motegi told a news conference, rejecting U.S. ...
In the clear for now, Japan braces for more trade pressure from Trump after July
Prime Minister Shinzo Abe may have won some respite from U.S. pressure on trade for now, but analysts expect President Donald Trump to push Japan in a few months into making concessions on agriculture and automobiles as he looks for a major win to ...
U.S. wins WTO ruling against China grain import quotas in Obama-era case
The United States won a World Trade Organization (WTO) ruling on Thursday against China's use of tariff-rate quotas for rice, wheat and corn, which it successfully argued limited market access for U.S. grain exports. The case, lodged by the Obama administration in late 2016, marked ...
Japan and U.S. planning trade talks in mid-April, sources say, with farm sector in spotlight
Japan and the United States plan to hold bilateral trade talks from April 15 to 16 in Washington, sources with knowledge of the plan said Friday, as U.S. President Donald Trump pushes for what he calls fair and reciprocal trade. The two allies will seek ...
Trump going ahead with tariffs on $16 billion more in Chinese imports
The U.S. said it will begin imposing 25 percent duties on an additional $16 billion in Chinese imports in two weeks, escalating a trade war between the world's two biggest economies. Customs will begin collecting duties on 279 product lines, down from 284 items on ...
Trump tells trade officials to consider $100 billion more in new tariffs on China
President Donald Trump said on Thursday he had instructed U.S. trade officials to consider $100 billion in additional tariffs on China, fueling an already heated trade dispute between the world's two biggest economies. Trump said in a statement the further tariffs were being considered "in ...
U.S. amenable to trade talks with Japan and four other TPP members
U.S. President Donald Trump is willing to start market liberalization talks with Japan and four other Trans-Pacific Partnership members that don't already have free trade deals with the United States, the Office of the U.S. Trade Representative said Wednesday. Trump has "indicated a willingness to ...
Trump orders inquiry into whether to probe China for intellectual property theft
President Donald Trump on Monday authorized an inquiry into whether to investigate China's alleged theft of intellectual property, the first direct action by the White House against a country Trump has painted as the U.S. chief trade villain. Trump broke from his 17-day vacation in ...