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Trade war

Corporate America wants cyber and IP rules in Japan pact

Industry prods trade envoy to set high standards as Tokyo looks to focus on tariffs

Japanese Prime Minister Shinzo Abe and U.S. President Donald Trump at the G20 summit in Argentina last month. The leaders agreed this fall to pursue a bilateral trade agreement.
Japanese Prime Minister Shinzo Abe and U.S. President Donald Trump meet at the recent G-20 summit in Argentina. They agreed this fall to pursue a bilateral trade agreement.   © Reuters

WASHINGTON/NEW YORK -- U.S. business groups lobbied their government on Monday to push for tough rules protecting intellectual property and e-commerce in coming trade talks with Japan, counter to Tokyo's wishes to focus on commerce in goods for a quick agreement.

The two countries should look beyond goods tariffs and forge a comprehensive pact to serve as a true gold standard, an executive at the U.S. Chamber of Commerce -- the country's biggest trade group -- said at a public hearing held by the Office of the U.S. Trade Representative. Specific demands included rules in fields from patents to investment.

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