Lighthizer, Japan’s Motegi Agreed to Meet Again on Trade

The video discusses ongoing trade negotiations between the US and Japan, focusing on issues like autos and agriculture, and the reluctance of Japan to go beyond existing agreements. It also covers the US-China trade talks, highlighting the enforcement mechanisms and the desire of the US to act unilaterally without WTO involvement. Both negotiations aim to resolve tariffs and other trade barriers, with progress being made but significant hurdles remaining.

What are the main issues in the US-Japan trade negotiations?

• Energy and infrastructure

• Healthcare and education

• Autos and agriculture

• Currency and technology

Why is the US concerned about the existing agricultural agreements with Japan?

• They wish to collaborate on technological advancements.

• They aim to increase Japanese investment in the US.

• They seek greater access to Japanese markets for US goods.

• They want to reduce tariffs on Japanese goods.

What is a key issue in the US-China trade negotiations?

• The role of the World Trade Organization

• The expansion of Chinese technology in the US

• The enforcement mechanisms for the agreement

• The exchange rate of the Chinese Yuan

What does the US want in terms of enforcement mechanisms with China?

• To rely on international arbitration

• To have a joint committee with China

• To act unilaterally without a third party

• To involve the World Trade Organization

What potential change in Chinese tariffs is being discussed?

• Increasing tariffs on all US imports

• Shifting tariffs from technology to healthcare products

• Shifting tariffs from agricultural goods to other US products

• Eliminating tariffs on US automobiles