Japan-U.S. Ministerial Trade Talks to Run into 3rd Day

Politics Economy

Washington, Aug. 22 (Jiji Press)--Japan and the United States will extend their ministerial trade talks into a third day after completing the scheduled two-day session Thursday, Japanese Economic Revitalization Minister Toshimitsu Motegi said.

"Discussions have considerably neared a conclusion," Motegi told reporters after the second day of his talks with U.S. Trade Representative Robert Lighthizer.

"We must try hard to come up with ways" for reaching a deal, Motegi also said.

There remains a gap between the two countries over proposed tariff reductions on automotive and agricultural goods. Discussions on major points of concern are at their final stages, informed sources said.

The final push for an agreement comes as Japanese Prime Minister Shinzo Abe and U.S. President Donald Trump are set to meet on the sidelines of a three-day Group of Seven summit in Biarritz, southwestern France, from Saturday.

[Copyright The Jiji Press, Ltd.]

Jiji Press