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Japan to propose new framework to discuss trade with U.S. - Nikkei

Reuters  |  TOKYO 

By Leika KiharaTOKYO (Reuters) - Japan will propose setting up a new framework to discuss trade issues with the United States in a summit next week, in hopes of persuading it to rejoin the Trans Pacific Partnership (TPP), the Nikkei newspaper said on Saturday.But the move could backfire, as U.S. President Donald Trump could demand renegotiating terms for the pact or talks for a bilateral free trade agreement (FTA) - both outcomes Japan wants to avoid.Trump unexpectedly indicated on Thursday the United States might rejoin the landmark TPP, but only if it offered "substantially better" terms ...

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First Published: Sat, April 14 2018. 09:21 IST
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