U.S., Japan met for second economic dialogue
The White House says U.S. and Japan have taken steps to reaffirm the importance of “strengthening bilateral economic, trade, and investment ties” during meetings this week.
It reports the U.S. and Japan made some progress on bilateral trade issues during Monday’s meeting between Vice President Mike Pence and the Japanese Deputy Prime Minister. Both parties say they are committed to build on the meetings and continue talks between the two countries.
The meeting was expected to cover Japan’s safeguard tariff on frozen U.S. beef imports that increased form 38.5 percent to 50 percent, but an update was not provided. But, the White House says the countries did get closer to lifting restrictions on Japanese persimmons and Idaho potatoes.
Both governments also negotiated a Memorandum of Cooperation that will improve cooperation in the transportation sector.