Posted Date: 29/09/2018
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Japanese media said that the US-Japan trade talks have raised the white flag in Japan: the United States has been gearing up

Japanese media said that the US-Japan trade talks have raised the white flag in Japan: the United States has been gearing up

Original title: Japanese media said that the US-Japan trade negotiations in Japan have raised the white flag: the United States and the United States

The reference news network reported on September 29 that the Japanese media said that the Japanese and US leaders reached an agreement on the initiation of new trade negotiations including tariff reduction. The reality is that Japan’s US President Trump, who is striving to cut the trade deficit and strongly demanded bilateral negotiations, has raised the white flag, but has tried to disrupt the domestic public opinion with the unfamiliar word of the “goods trade agreement” (TAG). The multilateral line characterized by Japan’s Trans-Pacific Partnership Agreement (TPP) is increasingly blurred.

According to Kyodo News reported on September 28, Japanese Prime Minister Shinzo Abe, who ended the Japan-US summit in New York on September 26, stressed: "This is completely different from the full-scale Free  (FTA)." The Japan-US FTA, which is directly involved in the opening of markets such as agricultural products, has a strong allergic mood. The economic regenerative role of Xiangmao Mumin also added that “in principle, it is only trade in goods, excluding rules in the field of investment and services”, but since the crucial tariffs have become the object of consultation, it is obviously impossible to dispel the anxiety of farmers.

According to the report, the joint statement stated that negotiations in the investment field will also be carried out after the TAG consultation, and the US regards this as an important step towards the conclusion of the FTA. During the talks, Trump pointed out that "Japan has been reluctant to start negotiations," and predicted that the prospects for the negotiations "will result in satisfactory results for both Japan and the United States."

There are also experts in Japan who are helpless about the government's explanation. Professor Suzuki Shohiro of the University of Tokyo's graduate school said: "TAG is the FTA. By stealing the word to advocate avoiding the FTA's sophistry, if you are in an ordinary state of mind, you should feel Shame and hard to talk about."

According to the report, Japan’s top priority in the summit is to prevent the United States from considering tariffs imposed on cars. Japan’s auto industry accounts for nearly 10% of the total employment, with exports exceeding 16 trillion yen (about 972 billion yuan), reaching 20% ??of total exports. If a 25% tariff is imposed, it is expected to impose a burden of about 470 billion yen on Toyota, and it may also seriously shake the entire Japanese economy. 

Japanese media said that the US-Japan trade negotiations in Japan have raised the white flag: the United States and the United States


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