Japan braces for US pressure on services in next trade talks

Banking and telecoms seen ahead as parliament debates goods agreement

20191024N trump (REUTERS)

The Trump administration is likely to press Japan for greater market access in financial and other services. © Reuters

RINTARO TOBITA, Nikkei staff writer

TOKYO -- Even as Japan's parliament began debate Thursday on a partial trade deal with the U.S., attention has turned to the next phase of talks, where Washington is likely to press for greater market access in financial and other services.

Many lawmakers focused their questions on those future negotiations, which will determine whether Washington scraps its 2.5% tariff on Japanese vehicles -- a top priority for Tokyo. Auto parts are expected to be on the agenda as well.

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