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Japanese media: The United States is considering the possibility of modifying its trade agreement with Japan in tariff negotiations.
Golden Ten Data on May 15, according to the Japanese news agency, the United States is considering the possibility of revising the trade agreement with Japan in the tariff negotiations. The report notes that although the United States is considering revising the agreement, the Japanese side does not expect such a change. As a result, there is a risk that the negotiations will reach an impasse. According to sources, the agreement revision appears to revolve around the possibility of the United States demanding further concessions from Japan on agricultural and livestock products. Japan refused to make concessions in the initial discussions. Analysts at the financial website Forexlive said that for now, we can only wait and see. But at least one possible timeline is worth paying attention to. Japan’s chief trade negotiator could travel to Washington as early as next week for a third round of trade talks.