Indonesia Australia: Pence and Nontariff Barriers

indonesia australia: This is going to stay very high level, anticipating just identifying the framework in the areas in which we'll go forward, the official said, according to The Japan Times. But I don't think it's going to get into specific industry level at this time. Pence's goal is really to establish a bilateral framework for future discussions on economic and trade issues with Japan, the official told reporters in previewing Pence's four-nation Asian tour, which also includes stops in South Korea, Indonesia and Australia. U.S. President Donald Trump's administration has repeatedly accused Japan of maintaining nontariff barriers in its automobile market while criticizing high import tariffs for foreign farm products, raising speculation that Pence may call for a further opening of Japan's auto and farm markets in the new dialogue. The president has made very clear that we are looking for free, balanced and fair trade with all of our allies and partners, the official said. The White House official indicated the United States will seek to forge what Trump says will be a balanced and fair trade deal with Japan, possibly a bilateral free trade agreement, which would cover nearly 30 percent of the world economy. (news.financializer.com). As reported in the news.

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