U.S., Japan Officials to Hold Trade Talks in Washington

The transcript discusses the trade negotiations between Japan and the US, focusing on the implications of the US not participating in the Trans-Pacific Partnership (TPP). It highlights Japan's readiness to engage in bilateral talks with the US, particularly concerning agricultural market access, which has a ceiling set during previous TPP negotiations. The political challenges faced by Japan's Prime Minister in selling trade deals to constituents are also discussed. The historical context of Japan's involvement in TPP negotiations is provided, along with Japan's current trade position, emphasizing the maximum concessions offered to the US in 2015.

What factors contributed to Japan's decision to join the TPP negotiations?

What were the outcomes of the TPP negotiations for Japan in terms of market access?