Japan, US reach broad trade deal

Baku, August 24, AZERTAC

Japan and the United States have agreed to the broad outlines of a trade agreement, Japan's top trade negotiator Toshimitsu Motegi suggested Friday as the two countries work to seal a deal by the end of September, according to Kyodo News.

"We've been able to see major progress," the Japanese economic revitalization minister told reporters in Washington following the three-day meeting with U.S. Trade Representative Robert Lighthizer. Motegi also said gaps no longer exist in their views, apparently referring to tariff cuts in key sectors such as beef and automobiles.

"These ministerial talks will probably be the last (toward a trade deal)," Motegi said.

The outcome of the latest round of negotiations will be endorsed by Japanese Prime Minister Shinzo Abe and U.S. President Donald Trump when they meet on the sidelines of a Group of Seven summit from Saturday in Paris.

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