U.S.-Japan Agreement

Date: October 17, 2019

Background:

In October 2018, the United States Trade Representative (USTR) notified Congress that the Trump administration intends to enter into negotiations for a trade agreement with Japan. The USTR subsequently requested public comments about the U.S. negotiating objectives. MEMA's comments can be found here.

By December 2018, the USTR released the final Summary of Specific Negotiating Objectives for the U.S.-Japan Trade Agreement (USJTA) Negotiations.

Status:

U.S. and Japan officials met multiple times during 2019, which culminated with in an agreement almost one year after USTR initially notified Congress the administration was going to engage in trade talks.

  • September 25, 2019  – President Trump and Prime Minister Abe announced an agreement between the two nations.

  • October 7, 2019 – USTR Ambassador Robert Lighthizer and Ambassador of Japan to the United States Shinsuke J. Sugiyama signed the U.S.-Japan Trade Agreement and U.S.-Japan Digital Trade Agreement, which will eliminate or reduce tariffs on certain agricultural and certain industrial products to enhance bilateral trade.

    • USTR posted the U.S.-Japan Trade Agreement (full text here) and fact sheets (here)

    • NOTE:  Automobiles and vehicle parts were not part of this first agreement.

    • NOTE:  This deal was the first of a two-step trade negotiation.

USTR indicated that future negotiations are planned for Q2, 2020 for a “final, comprehensive trade deal”

MEMA Staff Contacts:

Ann Wilson and Leigh Merino

 

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