Japanese Ecomin Motegi has been crossing the wires this early Asia and has said that they have had a good start to trade discussions with the U.S.
Key comments:
- Talked about goods including agriculture and autos.
- Will meet with Lighthizer again next week.
- Agreed also talk about digital trade in the future.
- Cannot go beyond existing trade agreements on agriculture.
- Have not come to an agreement yet.
- On autos, will move forward in a way that will be win-win.
- Believe 232 won’t be acted upon while trade talks continue.
- Believe that would be a general understanding.
- Agreement will be a package.
- Haven’t negated possible talks on article 4 of joint statement.
- U.S. believes that digital trade will come to agreement sooner.
- Would like to get to an early agreement.