Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Trump discussed free trade pact with Japan's Abe, U.S. envoy says

Published 11/17/2017, 01:45 AM
Updated 11/17/2017, 01:50 AM
© Reuters. U.S. ambassador to Japan William Hagerty attends a news conference in Tokyo

TOKYO (Reuters) - President Donald Trump discussed a possible free trade agreement (FTA) with Prime Minister Shinzo Abe during his trip to Tokyo, the U.S. ambassador to Japan said on Friday, contradicting Japanese officials who had said such talks never took place.

Japan has so far shown little interest in pursuing an FTA with the United States, preferring instead to push for a modified version of the Trans Pacific Partnership (TPP) after Trump pulled his country from the pact.

On Nov. 6, Deputy Chief Cabinet Secretary Yasutoshi Nishimura told reporters Trump had not mentioned an FTA when he met Abe for talks on relations between the two countries.

At a news conference in the Japanese capital on Friday, however, the U.S. envoy, William Hagerty, said, "They discussed a full range of trade options including an FTA."

Washington may push Tokyo for an FTA to help reduce what it sees as an unfair trading deficit with Japan, Hagerty added.

"An FTA is one of the tools we may need to address that," he said.

© Reuters. U.S. ambassador to Japan William Hagerty attends a news conference in Tokyo

Trump returned to Washington this week after his first official visit to Asia, a 12-day tour that started with a two-night stay in Japan.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.