United States-Japan Trade Report

United States-Japan Trade Report PDF Author: United States. Congress. House. Committee on Ways and Means. Subcommittee on Trade. United States-Japan Trade Task Force
Publisher:
ISBN:
Category : Japan
Languages : en
Pages : 100

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United States-Japan Trade Report

United States-Japan Trade Report PDF Author: United States. Congress. House. Committee on Ways and Means. Subcommittee on Trade. United States-Japan Trade Task Force
Publisher:
ISBN:
Category : Japan
Languages : en
Pages : 100

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Uneasy Partnership

Uneasy Partnership PDF Author: Stephen D. Cohen
Publisher:
ISBN:
Category : Political Science
Languages : en
Pages : 256

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Task Force Report on United States-Japan Trade with Additional Views

Task Force Report on United States-Japan Trade with Additional Views PDF Author: United States. Congress. House. Committee on Ways and Means. Subcommittee on Trade
Publisher:
ISBN:
Category : Dummies (Bookselling)
Languages : en
Pages : 96

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Stage One U.S.-Japan Trade Agreements

Stage One U.S.-Japan Trade Agreements PDF Author: Cathleen D Cimino-Isaacs
Publisher: Independently Published
ISBN: 9781655350139
Category :
Languages : en
Pages : 30

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Book Description
On October 7, 2019, after six months of formal negotiations, the United States and Japan signed two agreements intended to liberalize bilateral trade. One, the U.S.-Japan Trade Agreement (USJTA), provides for limited tariff reductions and quota expansions to improve market access. The other, the U.S.-Japan Digital Trade Agreement, includes commitments pertaining to digital aspects of international commerce, such as crossborder data flows. These agreements constitute what the Trump and Abe Administrations envision as "stage one" of a broader trade liberalization negotiation, which the two leaders first announced in September 2018. The two sides have stated their intent to continue negotiations on a more comprehensive deal after these agreements enter into force. Congress has an interest in U.S.-Japan trade agreement negotiations given congressional authority to regulate foreign commerce and the agreements' potential effects on the U.S. economy and constituents. USJTA is to reduce or eliminate tariffs on agriculture and some industrial goods, covering approximately $14.4 billion ($7.2 billion each of U.S. imports and exports) or 5% of bilateral trade. The United States is to reduce or eliminate tariffs on a small number (241) of mostly industrial goods, while Japan is to reduce or eliminate tariffs on roughly 600 agricultural tariff lines and expand preferential tariff-rate quotas for a limited number of U.S. products. The United States framed the digital trade commitments as "gold standard," with commitments on nondiscriminatory treatment of digital products, and prohibition of data localization barriers and restrictions on cross-border data flows, among other provisions. The stage one agreement excludes most other goods from tariff liberalization and does not cover market access for services, rules beyond digital trade, or nontariff barriers. Notably, the agreement does not cover trade in autos, an industry accounting for one-third of U.S. imports from Japan. Japan's decision to participate in bilateral talks came after President Donald Trump threatened to impose additional auto tariffs on Japan, based on national security concerns. Prior to the Trump Administration, the United States negotiated free trade agreements (FTAs) that removed virtually all tariffs between the parties and covered a broad range of trade-related rules and disciplines in one comprehensive negotiation, driven in significant part by congressionally mandated U.S. negotiating objectives. Nontariff issues often require implementing legislation by Congress to take effect, and Congress has typically considered implementing legislation for past U.S. FTAs through expedited procedures under Trade Promotion Authority (TPA). The Trump Administration, however, plans to put the stage one agreements with Japan into effect without action by Congress. The Administration plans to use delegated tariff authorities in TPA to proclaim the USJTA market access provisions, while the U.S.-Japan Digital Trade Agreement does not appear to require changes to U.S. law and is being treated as an Executive Agreement. Japan's Diet (the national legislature) ratified the pact in December 2019. The Administration expects the agreements to take effect in early 2020, with negotiations on the second stage of commitments to begin within four months.

US-Japanese Trade

US-Japanese Trade PDF Author:
Publisher:
ISBN:
Category : Foreign trade regulation
Languages : en
Pages : 6

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Analysis of the U.S.-Japan Trade Problem

Analysis of the U.S.-Japan Trade Problem PDF Author: United States. Advisory Committee for Trade Negotiations
Publisher:
ISBN:
Category : Balance of trade
Languages : en
Pages : 180

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United States-Japan Trade Relations

United States-Japan Trade Relations PDF Author: United States. Congress. House. Committee on Ways and Means. Subcommittee on Trade
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 192

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United States-Japan Trade, Commercial, and Economic Relations

United States-Japan Trade, Commercial, and Economic Relations PDF Author: United States. Congress. House. Committee on Ways and Means. Subcommittee on Trade
Publisher:
ISBN:
Category : Communication in export marketing
Languages : en
Pages : 206

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An Ocean Apart

An Ocean Apart PDF Author: Stephen D. Cohen
Publisher: Bloomsbury Publishing USA
ISBN: 031338908X
Category : Business & Economics
Languages : en
Pages : 272

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Book Description
Closing a critical gap in the literature examining the strained relationship between the U.S. and Japan, this book synthesizes the economic, political, historical, and cultural factors that have led these two nations, both practitioners of capitalism, along quite different paths in search of different goals. Taking an objective, multidisciplinary approach, the author argues that there is no single explanation for Japan's domestic economic or foreign trade successes. Rather, his analysis points to a systemic mismatch that has been misdiagnosed and treated with inadequate corrective measures. This systemic mismatch in the corporate strategy, economic policies, and attitudes of the U.S. and Japan created and is perpetuating three decades of bilateral economic frictions and disequilibria. As long as both the U.S. and Japan deal more with symptoms than causes, bilateral problems will persist. This book's unique analysis will encourage a better understanding on both sides of the Pacific of what has happened, is happening, and will continue to happen if corporate executives and policymakers in the two countries do not better realize the extent of their differences and adopt better corrective measures.

Protectionism and U.S.-Japan Trade

Protectionism and U.S.-Japan Trade PDF Author: Paul Wolfowitz
Publisher:
ISBN:
Category : Japan
Languages : en
Pages : 3

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