FOCUS: Japan, U.S. Summit Exposes Gap over Trade

Economy Politics

Tokyo, May 28 (Jiji Press)--Japanese Prime Minister Shinzo Abe's latest meeting with U.S. President Donald Trump has exposed a gap between the two countries in trade issues.

At Monday's summit in Tokyo, the two leaders agreed to accelerate bilateral trade negotiations with the aim of reaching an agreement at an "early" date.

But much to Japan's surprise, Trump suggested that an agreement may come as early as August, after Japan's House of Councillors election expected for July.

"Trade-wise, I think we will be announcing some things, probably in August, that will be very good for both countries," Trump told a joint news conference after the summit.

Japanese officials denied the two leaders agreed to make a trade deal in August. One source even said such an early accord "is absolutely impossible."

[Copyright The Jiji Press, Ltd.]

Jiji Press