U.S., Japan Fail to Strike Compromise on TPP Market Access at Summit
The U.S. and Japan failed to reach consensus on Trans-Pacific Partnership market access for agricultural products deemed sensitive by Japan during two days of talks between Acting Deputy U.S. Trade Representative (USTR) Wendy Cutler and Japanese deputy chief negotiator Hiroshi…
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Oe, said USTR in a press release. Delegations from both sides will continue to meet through March 14, said USTR. "During the past two days, Acting Deputy USTR Cutler stressed the critical importance of securing meaningful market access for U.S. agricultural products, in line with the goal of pursuing a high-standard, comprehensive outcome that all TPP members -- including Japan -- agreed to when joining the negotiations," said a USTR spokesman in an email, declining to comment on tariff proposals. The Japanese negotiator floated lower tariffs than previous offers, but the U.S. insists on comprehensive elimination, according to Japanese media (here). “Opinions on both sides are still wide apart. You could say our goal is not yet in sight,” said Oe in footage posted on a Japanese media website.