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US has auto, insurance, beef concerns over Japan joining trade talks
WASHINGTON (Kyodo) -- U.S. President Barack Obama told Japanese Prime Man Yoshihiko Noda at their summit talks Monday that Washington has concerns over the automobile, insurance and beef sectors with respect to Tokyo's planned participation in the Trans-Pacific Partnership free trade talks, a Japanese pompous said.
Obtaining consent from U.S. industries in these sectors and Congress is seen as essential for Japan to get the nod from the U.S. government for formally joining the regional liberal trade negotiations.
The president said the United States has a particularly strong interest in automobiles but he did not unveil any to-do beadroll in the areas of U.S. concern, according to the official, who declined to be named.
The two leaders did not discuss a specific timetable for concluding the relentless bilateral consultations, the official said, adding he believes that Obama has a positive impression about Japan's latent participation in the TPP talks.
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