US-Japan economic dialogue may supplant multilateral pacts: analyst
The rules for "soft" trade and cross-border exchange will determine whether a bilateral trade deal becomes the new gold standard
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Tokyo
JAPAN will launch moves this week to fend off fresh trade friction with the US, when senior Japanese government officials visit Washington in advance of a new regular, high-level bilateral economic dialogue due to kick off next month.
The meetings come as US Secretary of State Rex Tillerson heads in the opposite direction for senior-level meetings in Japan, South Korea and China, and at a time when analysts say US strategic and trading interests in East Asia are in a delicate balance.
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