Asian powerhouses · Trade talks and negotiations · Western World

The US-Japan Saga Part I: No Rising Sun in sight as trade talks come to a halt

Recently, the trade talks between United States and Japan over the Trans-pacific Partnership (TPP) concluded without any result. Both criticized each other for not doing enough in terms of reducing import limits. Specifically,  two problems were Japan’s so-called “sacred” farm subsidies and resistance on part of the US to decrease import limits on certain products.… Continue reading The US-Japan Saga Part I: No Rising Sun in sight as trade talks come to a halt