ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
International relations

Autos, drugs and currency top US agenda for Japan trade talks

USTR objectives suggest Trump interested in more than agreement on goods

Japan is concerned that the U.S. will demand an export cap on Japanese cars.   © Reuters

WASHINGTON -- The U.S. is not only pushing Japan for trade concessions on automobiles and agricultural products but also for changes to drug-pricing methods and currency rules under a new bilateral deal, despite Japan's refusal to negotiate a comprehensive free trade agreement.

Reducing the U.S. trade deficit on goods tops the list of objectives for the coming trade talks, according to a report submitted to Congress Friday by the U.S. Trade Representative's Office. It specifically called for updating trade restrictions on automobiles, pharmaceuticals and telecommunications equipment. The talks are expected to begin as soon as next month.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more