US and Japan must team up on global economic challenges in 2021

Two nations' combined focus needs to be sharper and stronger

20201110 APEC Summit leaders Yokohama.jpg

APEC Summit leaders, pictured in Yokohama in November 2010: it is time for the U.S. and Japan to reprise that performance. © Reuters

Wendy Cutler is vice president at the Asia Society Policy Institute and a former acting deputy U.S. Trade Representative. Kurt Tong is a partner at The Asia Group and a former APEC ambassador and deputy chief of mission at the U.S. Embassy in Tokyo.

When trade folks talk about phase two trade negotiations, they are typically referring to the U.S.-China talks. However, the U.S. and Japan also committed to a second phase of trade negotiations, after announcing a mini deal last October that was narrowly focused on agricultural and industrial tariff cuts, as well as rules for digital trade.

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