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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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The US government last week submitted a statement to the World Trade Organization, claiming that "a variety of non-tariff barriers impede access to Japan's automotive market". It also said that Japan's agriculture sector remains protected by "substantial" barriers.

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...

sentifi.com

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