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Japan’s Motegi, USTR Lighthizer likely to hold trade talks on September 21: source

Japan's Motegi, USTR Lighthizer likely to hold trade talks on September 21: source© Reuters. FILE PHOTO: U.S. Trade Representative Robert Lighthizer testifies before Senate Appropriations Commerce, Justice, Science, and Related Agencies Subcommittee hearing in Washington

TOKYO (Reuters) – Japanese Economy Minister Toshimitsu Motegi and U.S. Trade Representative Robert Lighthizer will likely hold a second round of trade talks on Sept. 21 in the United States, a source familiar with the matter told Reuters on Wednesday.

Their meeting is planned to precede an expected summit between Prime Minister Shinzo Abe and President Donald Trump on the sidelines of a U.N. General Assembly General Debate starting Sept 25, the source said.

Tokyo wants to avert steep tariffs on its car exports and fend off U.S. demands for a bilateral free trade agreement as Japan is wary such an agreement would increase pressure the Japanese government to open sensitive markets such as agriculture.

Motegi and Lighthizer acknowledged the importance of expanding trade between the two nations at their first round of meeting in August, and explore ways to bridge their differences.

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Source: Investing.com

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