While the U.S.-led TPP aims for the abolition of all tariffs, Japan wants to retain tariffs it imposes on five farm product categories including rice. The United States and other TPP members are putting strong pressure on Japan to further open up its agricultural market.
Japan’s minister in charge of the Trans-Pacific Partnership free trade negotiations said Sunday that Tokyo cannot make any further concessions to Washington on sensitive issues in TPP talks, after a Japan-U.S. meeting ended without progress.
“We had a very tense discussion on outstanding issues, but we reached no conclusion,” Akira Amari told reporters after meeting with U.S. Trade Representative Michael Froman in Tokyo, suggesting they had focused especially on the issue of how to deal with tariffs on farm products.
The talks came in the lead-up to a ministerial meeting slated for Dec. 7 to 10 in Singapore.
More at the Global Post