U.S., Japan to rebuild trade ties with new forum, meetings

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U.S. Trade Representative Katherine Tai addresses the Geneva Graduate Institute on the role of the World Trade Organization (WTO) in the global economy and U.S. policy priorities ahead of the 12th Ministerial Conference in Geneva, Switzerland October 14, 2021. REUTERS/Denis Balibouse

WASHINGTON, Nov 17 (Reuters) – The United States and Japan announced on Wednesday a new trade partnership to boost cooperation on labor, environment and digital trade issues, with an emphasis on “third country concerns,” a reference to China’s state-driven economic policies.

U.S. Trade Representative Katherine Tai, who is in Tokyo to meet with new Japanese government ministers, said initial meetings of the U.S.-Japan Partnership on Trade would take place early in 2022, with periodic meetings on a regular basis.

“This partnership will deepen the cooperation between the United States and Japan that has defined our strong bilateral trade relationship,” Tai said in a statement…

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