Economy
10:49, 12-Apr-2019
Japan's Motegi: Japan-U.S. talks set for April 15-16
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Economy Minister Toshimitsu Motegi said on Friday Japan and the United States will hold the first round of trade talks on April 15-16 in Washington, to find ways to address U.S. concerns over the large surplus Japan has in bilateral trade.
U.S. President Donald Trump has made clear he is unhappy with Japan's 69-billion-U.S.-dollar trade surplus with the United States – nearly two-thirds of it from auto exports – and wants a two-way agreement to address it.
Motegi said he intends exchange views frankly with his counterpart U.S. Trade Representative Robert Lighthizer and hold good talks based on Japan's national interests.
Prime Minister Shinzo Abe is expected to meet Trump in the U.S. in late April for talks on the Democratic People's Republic of Korea and Japan-U.S. trade.
Source(s): Reuters