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Author Topic: Donald Trump Openly Tells Business Leaders, US Trade with Japan ‘Not Fair  (Read 627 times)

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In characteristically blunt remarks directed at Japanese business executives U.S. President Donald Trump on Monday called for them to manufacture more in America, lamenting “Japan has been winning” against the United States in trade for decades.

"Right now, our trade with Japan is not fair or open,” the president said at a breakfast attended by leaders of 18 major Japanese corporations and 9 American companies. “But I know it will be.”

Trump predicted that without the Trans-Pacific Partnership “we will have more trade than anybody ever thought.”

But former State Department Japan Office Director Kevin Maher says “The time is not ripe to talk about a Japan-U.S. free trade agreement. It’s very difficult to imagine the Japanese would go farther than they were under the TPP, especially in sensitive issues such as agriculture and cars.”

The U.S. agricultural sector has been hurt by the TPP withdrawal, Maher, in Tokyo, tells VOA, “Because other TPP members will be able to take advantage of the better standards the Japanese will introduce.”

Trump, on his first full weekday in office, killed U.S. participation in the TPP. The agreement had been negotiated by the preceding Obama administration with 11 other countries and was considered a hallmark deal to more closely align the United States with East Asia amid a surging China.


 

 

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