Watch FIFA World Cup 2026™

LIVE, FREE and EXCLUSIVE

US, Japan to begin trade deal talks

The United States and Japan are set to begin negotiations on August 9 to reach a bilateral trade agreement, the Japanese government says.

The first round of talks, due to be held in Washington, will be led by Japan's Economic and Fiscal Policy Minister Toshimitsu Motegi and the US Trade Representative Robert Lighthizer.

Speaking at a press conference on Tuesday to announce the launch of negotiations, Motegi said he wanted to have "constructive talks" for expanding free trade.

US President Donald Trump's administration has objected to Washington's large trade deficit with Tokyo, which stood at $US68.876 billion in 2017, in line with its trade policy with other countries and regions, although the deficit is much lower now compared to a decade earlier.

In the past Japan has favoured regional trade treaties, such as the Trans-Pacific Partnership - from which the US withdrew in January 2017 - more than bilateral trade deals.

News that makes sense

Your trusted source for staying up-to-date with the world around you. Get free daily news updates and analysis, straight to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

The announcement of trade talks between the two countries comes after Japanese authorities signed a wide-ranging free trade agreement with the European Union on July 17, after years of negotiations.


1 min read

Published

Source: AAP



Share this with family and friends


Get SBS News straight to your inbox

Sign up now for daily news from Australia and around the world. You can also subscribe to Insight's weekly newsletter for in-depth features and first-person stories.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News

Download our apps

Listen to our podcasts

Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Stream now

Watch the latest news videos from Australia and across the world