Trans-Pacific Partnership

Japan trade a problem for Trump, but not as bad as China

When President Donald Trump visits Japan, he'll be able to point to Tokyo's streets to drive home a sore point in trade relations between the allies: the absence of made-in-USA vehicles.

The $70 billion Japanese trade surplus with the U.S. is dwarfed by China's $379 billion surplus, and the trade tensions between Washington and Tokyo are far less contentious than the tariffs war with Beijing.

But the disputes between Japan and the U.S. are longstanding and also intractable: the bilateral agreement with Tokyo that Trump has been seeking since pulling out of the Trans-Pacific Partnership trade agreement two years ago is still far down the road, say analysts and politicians...

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