US, Japan Trade Negotiators Close to Striking Key Deal

Progress on a 12-nation trade agreement has been hindered because the United States and Japan have not been able to reach agreement in two critical market sectors. The two nations figure prominently among ten others working on an agreement that would create a so-called free trade zone comprised of 40 percent of the world's economy. The Trans-Pacific Partnership (TPP), the leading trade policy initiative of the Obama administration, has been four years in the making and it hinges on Tokyo and Washington sorting out their key differences. Six days of critical talks between Japanese and American officials began Monday in New York. READ MORE OF THIS STORY

 

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