Americans want to export more beef and pork to Japan, while the Japanese want to avoid upcoming automobile tariffs.
US and Japanese trade negotiators are meeting today and tomorrow. A deal would ease mounting concerns about global trade and raise hopes of an end to the US-China trade war. Japan wants to lower tariffs on industrial goods and auto parts it exports to the US, and avoid tariffs of 25% on car imports set to take effect in November. The US is keen to export more agricultural goods to Japan and secure lower tariffs on beef and pork products. View Markets Insider's homepage for more stories.
US and Japanese trade negotiators are meeting today and tomorrow. A deal would ease mounting concerns about global trade and raise hopes of an end to the US-China trade war. Japan wants to lower tariffs on industrial goods and auto parts it exports to the US, and avoid tariffs of 25% on car imports set to take effect in November. The US is keen to export more agricultural goods to Japan and secure lower tariffs on beef and pork products. View Markets Insider's homepage for more stories.
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