Japan’s Aso: Currency provision won't be included in Japan-US trade deal

Courtesy

U.S. President Donald Trump's administration said Monday it has notified Congress that a trade deal with Japan has been reached and will be signed in "the coming weeks".

"My administration looks forward to continued collaboration with the Congress on further negotiations with Japan to achieve a comprehensive trade agreement that results in more fair and reciprocal trade between the United States and Japan", Trump said in the statement released by the White House via email.

Aso said that the currency provision won't be included in Japan-US trade deal.

After meeting Japanese Prime Minister Shinzo Abe at the G-7 summit in France last month, Trump announced that the two countries had struck a trade deal "in principle".

This story has not been edited by Firstpost staff and is generated by auto-feed.

The announcement left unclear whether Trump has agreed not to impose national security tariffs on Japanese vehicles and auto parts. The Trump administration final 365 days notified Congress that it would pursue negotiations with Japan beneath this plan.

"What this notice means is they have actually completed the details of what tariffs both countries will cut", she said.

Luxembourg PM delivers press briefing alone after Boris pulls out
Brexit Secretary Steve Barclay told Sky News: "The Hulk was a victor and was extremely popular". Earlier Mr Johnson pulled out of a joint news conference when faced with loud protestors.

Foreign Minister Toshimitsu Motegi, who has led the bilateral trade negotiations, said Tuesday that the United States is expected to pledge not to impose additional tariffs on Japanese auto imports in writing.

Japanese officials from Abe on down have said that under a September 2018 agreement, the United States would not impose added auto tariffs while trade talks were under way. The leaders said they hoped to sign the pact on the sidelines of the United Nations General Assembly in NY later this month.

To reach a compromise, Japan made concessions in August like agreeing to buy excess US corn.

"On October 16, 2018, my Administration notified the Congress that I meant to initiate trade negotiations with Japan on a United States-Japan Trade Agreement", Trump said in the Monday statement.

The USMCA provisions goal to confirm the free waft of data across borders with out taxation, restrict data server localization requirements and restrict governments' capacity to require the disclosure of source code by the firms they defend watch over.

A long-sought trade agreement with Japan was scrapped when Trump withdrew the US from a pan-Pacific trade agreement shortly after taking office in 2017.

Related News:

  • Brad Pitt Knows He Can't Compete With These Two Stars for Roles

    Brad Pitt Knows He Can't Compete With These Two Stars for Roles

    I got to imagine it was a lot easier for me to kind of enjoy the zero-G than it was you, ' he added, flipping in weightlessness . Pitt asked about how Hague and the rest of the crew manage their sleep schedules and what their working hours are like.
    Browns DE to play vs. Jets after girlfriend's death

    Browns DE to play vs. Jets after girlfriend's death

    Playing against a short-handed Jets team is a great chance for the Browns to right the ship, though, even if they're on the road. If the Browns find a way to lose to the depleted Jets, I can only imagine what the sounds will be like on sports talk radio.
    UCT leaps up in world rankings

    UCT leaps up in world rankings

    In all 10 Indian universities which participated for the first time made it to the global ranking list of 1,300 universities.
  • Oil prices surge 15% after attack on Saudi facility hits global supply

    Oil prices surge 15% after attack on Saudi facility hits global supply

    Saudi officials are scrambling to restore operations and say they would tap into the country's reserves to keep deliveries coming. The European Union warned that the strikes posed a real threat to regional security, and several nations urged restraint.
    A look at the revived allegations against Justice Kavanaugh

    A look at the revived allegations against Justice Kavanaugh

    If given the chance, Republicans would surely rush through another Supreme Court confirmation, facts and investigations be damned. Kavanaugh", the woman involved in the alleged incident has told friends she does not recall it.
    White House Bans Flavored E-Cigs Amidst Vaping Deaths

    White House Bans Flavored E-Cigs Amidst Vaping Deaths

    According to a statement from HHS, the FDA plans to make more details of the plan and its implementation public soon. The Surgeon General reported a year ago that e-cigarette use among young people qualifies as an epidemic .
  • Salah spat is forgotten, claims Sadio Mane

    Salah spat is forgotten, claims Sadio Mane

    Mane had not kept his emotions in check when he was taken off in Liverpool's 3-0 win over Burnley before the global break. Sadio Mane and Mohamed Salah are friends again.
    Justify failed a drug test before 2018 Kentucky Derby

    Justify failed a drug test before 2018 Kentucky Derby

    The failed drug test would mean disqualification and the prize money and Kentucky Derby spot, according to the New York Times. Baedeker told Drape that scopolamine also occurs naturally in jimson weed, which springs up where dung is present.
    Kevin Hart Leaves Hospital Ten Days Following His Scary Accident - Details!

    Kevin Hart Leaves Hospital Ten Days Following His Scary Accident - Details!

    Everybody is praying for Kevin Hart to make a speedy recovery after his horrifying vehicle accident just over a week ago. Meanwhile, Hart's wife, Eniko Hart , has remained by his side since the almost fatal crash.
  • Drone Strikes Impact Saudi Oil Facilities

    Drone Strikes Impact Saudi Oil Facilities

    Iraq denied this on Sunday and vowed to punish anyone using Iraq as a launchpad for attacks. But he offered no evidence for his claim about Iran's involvement.
    Trump offers support to Saudi crown prince for Kingdoms self-defense

    Trump offers support to Saudi crown prince for Kingdoms self-defense

    Teodoro Locsin Jr earlier said the oil field attack could affect the Philippines "deeply" since it could choke supply and cause prices to rise.
    Texas Lawmaker to Beto O'Rourke: 'My AR Is Ready for You'

    Texas Lawmaker to Beto O'Rourke: 'My AR Is Ready for You'

    An O'Rourke spokesperson told The Verge that the campaign reported the tweet as a threat to the Federal Bureau of Investigation . His comments come after two August mass shooting in Texas, including one in O'Rourke's hometown.


Most liked

Christian Bale & Matt Damon Star In Second Trailer For "Ford V Ferrari"
Ferrari , a movie that seems engineered and assembled by a committee of dads to be seen and enjoyed by dads everywhere. It is clear that Shelby and Miles do not get along - at first anyway.

Former Zimbabwe leader Mugabe to be buried at national monument
As a result, Grace and the family have been clinging onto Mugabe's body since its arrival on Wednesday. The bold, steadfast and resolute revolutionary, Comrade Robert Gabriel Mugabe, is no more".

Police case against students for protesting at Imran Khan rally
Imran has in an opinion piece in The New York Times and earlier issued the threat of a nuclear war with India over Kashmir. He told Al Jazeera: " Pakistan would never start a war, and I am clear: I am a pacifist".

Duchess of Sussex launches collection of work clothing to help unemployed women
That person of course is her best friend Serena Williams. [It's] to blueprint with a charity she's a patron of called Dapper Works.

Cuomo Takes Emergency Action to Ban Flavored E-Cigs to Underage Adults
Almost 28 percent of US adolescents surveyed this year said say they vaped at least once in the last 30 days, the government said. He says the new emphasis on the risks of e-cigarettes reflects the state's efforts to prevent young people from getting addicted.

Bodies of 4 children recovered after Florida mom found slain, officials say
The sheriff wouldn't say where the children's remains were found. "True evil poked its head up here in Marion County", Woods said. If you have any information on where Casei may be, please call 911 or the Marion County Sheriff's Office at 352-732-9111.

Solomon Islands govt decides to cut ties with Taiwan - official media
A switch in allegiance would be a prize for Beijing in its campaign to secure allies from democratic Taiwan. However, she said that Taiwanese people's rejection of the model is the "biggest consensus on the island".

Dog the Bounty Hunter hospitalized with heart issues
It has been reported that Duane "Dog" Chapman , known as Dog the Bounty Hunter , has been hospitalized. The couple's new television series, " Dog's Most Wanted ", aired on September 4 on WGN America .

Netflix is getting ‘Seinfeld’ after losing ‘The Office’ and ‘Friends’
Televison's "The Big Bang Theory " and "Two and a Half Men "-are both expected to go to parent company WarnerMedia's HBO Max". Securing Seinfeld will be a boon for Netflix, which is losing the rights to popular classics sitcoms The Office and Friends .

Granit Xhaka admits Arsenal were too scared against Watford
We knew that they were going to try and come back with good intentions, of the kind they demonstrated in the second half. He also doesn't like the look of the point gained from the match, even if the maxim goes that they all count the same.

Ric Ocasek, frontman of the Cars, dies aged 75
The Cars chart-topping hits in the late 1970s and 1980s included " Just What I Needed ", " Shake It Up " and " Drive ". In announcing the separation previous year , Porizkova said that their family is "a well-built vehicle ".

Tropical Storm Humberto forms east of battered Bahamas
It is then expected to move north, offshore from Florida and then away from the USA mainland, the NHC said. The storm, which is being called "Potential Tropical Cyclone No. 9", is swirling in the central Bahamas.

Boris Johnson says he'll go 'Hulk' on Brexit
Cameron made the charge to The Times in a story published Sunday as he seeks publicity for his upcoming memoir. Ahead of the trip, Mr Johnson added: "Don't be fooled by (Labour leader Jeremy) Corbyn and the ringleaders".

Google Earth image solves 22-year cold case
In the images from Google Earth, you can see what appears to be a auto in a retention pond that is flanked by homes. These crashes occur most often during clear days on dry, rural roads, a South Florida Sun-Sentinel analysis shows.

Scientists uncover 'first' water on potentially habitable super-Earth
First author Dr Angelos Tsiaras said: " Finding water in a potentially habitable world other than Earth is incredibly exciting ". Further studies are required to estimate cloud coverage and the percentage of atmospheric water present, the researchers said.