Issues and Options for U.S.-Japan Trade Policies

Issues and Options for U.S.-Japan Trade Policies
Author: Robert Mitchell Stern
Publisher: University of Michigan Press
Total Pages: 472
Release: 2002
Genre: Business & Economics
ISBN: 9780472112791

Addresses the central negotiating issues involving the trade policies and relations between the United States and Japan

Stage One U.S.-Japan Trade Agreements

Stage One U.S.-Japan Trade Agreements
Author: Cathleen D Cimino-Isaacs
Publisher: Independently Published
Total Pages: 30
Release: 2020-01-04
Genre:
ISBN: 9781655350139

On October 7, 2019, after six months of formal negotiations, the United States and Japan signed two agreements intended to liberalize bilateral trade. One, the U.S.-Japan Trade Agreement (USJTA), provides for limited tariff reductions and quota expansions to improve market access. The other, the U.S.-Japan Digital Trade Agreement, includes commitments pertaining to digital aspects of international commerce, such as crossborder data flows. These agreements constitute what the Trump and Abe Administrations envision as "stage one" of a broader trade liberalization negotiation, which the two leaders first announced in September 2018. The two sides have stated their intent to continue negotiations on a more comprehensive deal after these agreements enter into force. Congress has an interest in U.S.-Japan trade agreement negotiations given congressional authority to regulate foreign commerce and the agreements' potential effects on the U.S. economy and constituents. USJTA is to reduce or eliminate tariffs on agriculture and some industrial goods, covering approximately $14.4 billion ($7.2 billion each of U.S. imports and exports) or 5% of bilateral trade. The United States is to reduce or eliminate tariffs on a small number (241) of mostly industrial goods, while Japan is to reduce or eliminate tariffs on roughly 600 agricultural tariff lines and expand preferential tariff-rate quotas for a limited number of U.S. products. The United States framed the digital trade commitments as "gold standard," with commitments on nondiscriminatory treatment of digital products, and prohibition of data localization barriers and restrictions on cross-border data flows, among other provisions. The stage one agreement excludes most other goods from tariff liberalization and does not cover market access for services, rules beyond digital trade, or nontariff barriers. Notably, the agreement does not cover trade in autos, an industry accounting for one-third of U.S. imports from Japan. Japan's decision to participate in bilateral talks came after President Donald Trump threatened to impose additional auto tariffs on Japan, based on national security concerns. Prior to the Trump Administration, the United States negotiated free trade agreements (FTAs) that removed virtually all tariffs between the parties and covered a broad range of trade-related rules and disciplines in one comprehensive negotiation, driven in significant part by congressionally mandated U.S. negotiating objectives. Nontariff issues often require implementing legislation by Congress to take effect, and Congress has typically considered implementing legislation for past U.S. FTAs through expedited procedures under Trade Promotion Authority (TPA). The Trump Administration, however, plans to put the stage one agreements with Japan into effect without action by Congress. The Administration plans to use delegated tariff authorities in TPA to proclaim the USJTA market access provisions, while the U.S.-Japan Digital Trade Agreement does not appear to require changes to U.S. law and is being treated as an Executive Agreement. Japan's Diet (the national legislature) ratified the pact in December 2019. The Administration expects the agreements to take effect in early 2020, with negotiations on the second stage of commitments to begin within four months.

America's Trade Policy Towards Japan

America's Trade Policy Towards Japan
Author: John Kunkel
Publisher: Routledge
Total Pages: 256
Release: 2003-08-29
Genre: Political Science
ISBN: 1134427956

In a few years, the United States has gone from worrying about Japan's economic might to worrying about its meltdown. The rise and fall of America's 'results-oriented' trade policy towards Japan captures this turnaround. John Kunkel traces this Japan policy to a crisis in the institutions, laws and norms of the US trade policy regime in the first half of the 1980s. This arose from the erosion of America's post-war international economic dominance (especially vis-à-vis Japan) and the unintended consequences of Reaganomics. The crisis in turn led to the progressive ascendancy of a coalition of 'hardliners' over 'free traders' after 1985. Kunkel combines research in economics, politics and history - including interviews with key policy-makers - to illuminate this important case study of American trade policy. His book offers theoretical insights and practical lessons on the forces shaping US trade policy at the start of the twenty-first century.

US-Japan Trade Friction

US-Japan Trade Friction
Author: T. David Mason
Publisher: Springer
Total Pages: 242
Release: 1991-06-18
Genre: Political Science
ISBN: 1349107883

Relations between Japan and the US remain strong, and government-to-government relations continue to be productive. However, complaints can be heard. This volume reflects these sentiments and emphasizes the need to promote closer ties and greater understanding between the US and Japan.

United States - Japan Trade

United States - Japan Trade
Author: Burton Bouwkamp
Publisher: DIANE Publishing
Total Pages: 65
Release: 1998-10
Genre:
ISBN: 0788172255

An important contribution to the international relations and military studies literature, this study considers the problem of conflict termination in Europe--an area of immense strategic importance to both the United States and the Soviet Union. The author argues that a well-thought-out policy for conflict termination is lacking within the NATO alliance, which currently relies almost exclusively on policies that emphasize the prevention of war. This lack of a conflict termination strategy, Cimbala asserts, leaves nations open to the danger of a quickly escalating nuclear conflict, should prevention policies fail and a war in Europe actually occur. In developing his arguments, Cimbala considers the relationship between war and politics as perceived by Soviet and Western planners; compares the superpowers' likely views on the process of escalation; and assesses the command, control, and communications perspectives implicit in Soviet and American writings and deployments and their implications for war termination. Cimbala begins with an overview of the problems and choices involved in ending war in Europe under contemporary conditions. Subsequent chapters examine such topics as the philosophical and practical issues related to the problem of preemption; the problem of military stability and its specific applications to modern Europe; and Western and Soviet approaches to the escalation and limitation of war. Soviet perspectives on command and control as well as the Soviet view of war termination receive extended treatment in two chapters. Finally, Cimbala contrasts the orthodox view of mutual assured destruction with the strategic revisionism of defense dominance or mutual assured survival. He concludes that policymakers and military planners must recognize that nuclear weapons will almost certainly be a part of any war in Europe and that termination must focus on limiting the use of these weapons before the pressures of in the field escalation tendencies begin to work against the early conclusion of a conflict. Students and scholars of military policy will find Cimbala's work enlightening and provocative reading.

Bargaining with Japan

Bargaining with Japan
Author: Leonard James Schoppa
Publisher: Columbia University Press
Total Pages: 432
Release: 1997
Genre: Business & Economics
ISBN: 9780231105910

Schoppa documents how U.S. pressure has been misapplied in the past, insisting on the need for a strategy more informed about internal Japanese politics. While a strategy reliant on brute force is liable to backfire, he argues, one which works with domestic politics in Japan can succeed.