How Close Are the U.S. and Japan in Trade Talks?

The transcript discusses the complexities of US-Japan trade negotiations, highlighting differing perspectives from both countries. It emphasizes the current focus on defining the scope of talks and the lack of clear concessions from the Trump administration. The discussion also touches on the broader context of trade conflicts, particularly with China, and the limited bandwidth for handling multiple negotiations. The current status of US-China talks is described as being in a phase of rhetoric and posturing, with no scheduled ministerial talks.

What role does the current situation with China play in the US's trade negotiations with Japan?

What factors contributed to the delay in negotiations with Japan?