ISDS Case Map
Japan
Japan has already completed its domestic procedures to ratify the pact and Peru is in the midst of its own ratification process.
Motegi and Lighthizer exchanged views on individual trade areas but nothing has been decided.
Motegi told Lighthizer that Japan believes the TPP -- an 11-member regional trade pact from which the United States withdrew last year -- is the best trade deal for the two countries.
Japan will try to avert steep tariffs on its car exports and fend off US demands for a bilateral free trade agreement at talks in Washington, but a quick fix for the trade imbalance between the two countries appears elusive.
Toyota supplier Denso expects $700m hit if levies are implemented.
Research from the University of Tennessee Institute of Agriculture indicates that a trade agreement with Japan is crucial for the US beef industry
US Trade Representative Robert Lighthizer said Thursday he plans to hold a first round of trade talks with Toshimitsu Motegi, Japan's economic and fiscal policy minister, "in the next 30 days."
The United States sought to woo Europe and Japan with free trade deals to gain leverage in an escalating tariff war with China but its overtures faced stiff resistance from France at a G20 finance ministers meeting.
Chief Cabinet Secretary Suga says US should return to TPP.
The agreement poses direct threats to the provision of high-quality public services, such as education, in particular through restricting governments’ capacity to regulate in the public interest, encouraging further liberalisation of services and expanding the rights of multinational corporations.
