US-Japan Trade Agreement Further restrictions on Japanese cars, etc.
Last month, a trade agreement signed between the United States and Japan, from representatives of the labor world who attended a hearing of the US Congress, including restrictions on imported cars from Japan and opening up the market in the agricultural sector in Japan Further requests were made for negotiations.
A new trade agreement between Japan and the United States was signed last month after an agreement between the leaders, and a bill for approval by the Diet is being deliberated by the Japanese side in view of the coming into effect in January next year.
On the 20th, a hearing was held at the House of Representatives of the United States to hear opinions from experts.
UAW = US Automobile Labor Union executive said, “Japan deliberately manipulates foreign exchange and favors exports, but this deal does not deal with foreign exchange issues. Work on reducing trade deficits. "Need to limit the number of cars imported from Japan," he said.
In addition, a former negotiator of the US Trade Representative said, “We also need to reduce tariffs on rice, butter, etc.” and called for further market opening in the Japanese agricultural sector.
Negotiations on a trade agreement between Japan and the United States are expected to continue for a comprehensive agreement, but President Trump, who will refrain from the presidential election next year, will consider what demands Japan will have in the future It seems that the situation that does not allow prejudice will continue.