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The United States will scrap auto tariffs gradually under an extended period under a Trans-Pacific Partnership (TPP) free trade pact, the Japanese government said in a statement after the two countries agreed on a deal that will allow Tokyo to take part in talks on the Asia-Pacific trade agreement.
The bilateral agreement brings Japan closer to entering TPP talks, which Prime Minister Shinzo Abe has made part of a "third arrow" in his "Abenomics" policy, after fiscal spending and drastic monetary easing.
April 12, 2013
Source: Reuters
The United States will scrap auto tariffs gradually under an extended period under a Trans-Pacific Partnership (TPP) free trade pact, the Japanese government said in a statement after the two countries agreed on a deal that will allow Tokyo to take part in talks on the Asia-Pacific trade agreement.
The bilateral agreement brings Japan closer to entering TPP talks, which Prime Minister Shinzo Abe has made part of a "third arrow" in his "Abenomics" policy, after fiscal spending and drastic monetary easing.
April 12, 2013
Source: Reuters
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