U.S.-Japan Trade Talks: Key Issues to Watch

U.S.-Japan Trade Talks: Key Issues to Watch

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the ongoing trade negotiations between the US and Japan, highlighting key issues such as agriculture, auto industry standards, and pharmaceutical pricing. The American Chamber of Commerce in Japan is actively involved in driving these talks. The US views Japan as a crucial ally in Asia, especially in the context of trade tensions with China. The potential impact of a US-China trade war on Japan and investor sentiment is also explored. The transcript concludes with hopes for a comprehensive US-Japan trade agreement that incorporates elements from the TPP and recent USMCA improvements.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What previous agreements have laid the groundwork for the current US-Japan trade negotiations?

RCEP and ASEAN

TPP and USMC

CPTPP and TTIP

NAFTA and the EU-Japan Agreement

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which sector is under pressure and seeking better access to the Japanese market?

Technology

Agriculture

Automobiles

Pharmaceuticals

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What role does the American Chamber of Commerce in Japan play in the trade talks?

Negotiating directly with the Japanese government

Facilitating discussions between US and Japanese businesses

Lobbying for US interests in Japan

Bringing Japanese CEOs to the US for talks

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is Japan viewed in Washington in terms of trade relations?

An adversary

A competitor

A neutral party

A strong ally

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential benefit of setting high standards in the US-Japan trade agreement?

Reducing tariffs on all goods

Increasing exports to Europe

Influencing trade standards in the Asia Pacific region

Improving relations with China

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has been the impact of US-China trade tensions on Japan's exports?

Increased exports to China

Decline in machine goods exports

Stable export levels

Growth in agricultural exports

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expectation for the US-Japan trade agreement in relation to the TPP?

It will be less comprehensive

It will incorporate key elements of the TPP

It will exclude TPP elements

It will focus solely on digital trade