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Donald Trump Negotiates Trade Deal With Japan

Trump to negotiate the trade deal with Japan

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Donald Trump
Trump open to meeting Kim again. (Wikimedia Commons)

The US President Donald Trump announced on Wednesday he is negotiating a bilateral trade agreement with Japan and that his country would only re-enter the Trans-Pacific Partnership (TPP) if its member countries offered him a deal he could not refuse.

“I don’t want to go back into TPP. But if they offered us a deal I can’t refuse on behalf of the US, I would do it. In the meantime, we are negotiating, and what I really would prefer is negotiating a one-on-one deal with Japan,” Donald Trump said at a press conference with Japanese Prime Minister Shinzo Abe.

However, Abe stressed his country’s position towards the TPP, saying that it “is the best for both countries,” although he acknowledged the US’s interest in a bilateral trade deal, Efe reported.

Trump said that should his country reach a trade agreement with Japan, there will be talks about the possibility of ending tariffs on steel and aluminum imports, a move that Washington introduced in March to a number of countries, including Japan.

Donald Trump and Shinzo Abe.
U.S. President Donald Trump and Japanese Prime Minister Shinzo Abe.

Trump added that his primary concern at the moment is the “massive” trade deficit with Japan, which amounted to “from $69 billion to $100 billion a year.”

In fact, the trade deficit with Japan last year stood at $69 billion, far from the $100 billion that the US President claimed, according to the official figures by the US Department of Commerce.

The two leaders made these announcements in a joint press conference at the tycoon’s private club Mar-a-Lago in Palm Beach, Florida, where Abe arrived on Tuesday to have meeting with Trump on his four-day visit to the US.

Also Read: China And Russia Accused of Manipulating Their Currencies By Trump

Last week, the White House announced that Trump had asked the US foreign trade representative Robert Lighthizer and the economic adviser Larry Kudlow to “take another look at whether or not a better deal (with the TPP) could be negotiated.”

However, Trump has shown little interest in negotiations that would further complicate the matter, since the other 11 countries that negotiated the original TPP, with the then Barack Obama administration, have already signed their own multilateral deal, the so-called Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), or TPP-11.

Shinzo Abe
FILE IMAGE- Shinzo Abe.

On the other hand, during this four-day visit Abe has a special interest in getting an exemption for Japan from the 10 per cent and 25 per cent tariffs that the Trump administration imposes on aluminum and steel imports, respectively.

Trump has granted a temporary exemption until May 1 to Argentina, Australia, Brazil, Canada, Mexico, South Korea and the European Union.

Also Read: White House Denies Any Direct Talks Yet Between Trump And Kim

Japan has been left out of the exempted countries despite being one of the US’s major allies, and for that reason Abe is trying to make use of his visit to secure a place on that list, although Japan barely produces aluminum and the amount of steel exported to the US stands at only around 5 percent of its total steel exports.  IANS

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Democrats Stand Firm Against Donald Trump’s Exchange Offer

Virginia Democratic Senator Mark Warner said Democrats should not "reward the kind of behaviour of hostage-taking"

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President Donald Trump speaks about American missile defense doctrine, Jan 17, 2019, at the Pentagon. VOA

Despite President Donald Trump’s offer to end the ongoing partial government shutdown and fund a border wall in exchange for temporary protections for groups of immigrants, Democrats stood by their demand to reopen the government before negotiating about the border.

“Let’s not hold the American people, especially the federal workers, hostage to these negotiations,” South Carolina Representative Jim Clyburn, a member of Democratic leadership, told Fox News on Sunday.

“And hopefully we will open with what he has put on the table, and let’s go back and forth on this and see where we can find common ground.”

The Democratic rejection came as Vice President Mike Pence made clear on Sunday that the Republicans intended to go forward with the plan the President outlined on Saturday during a 13-minute televised speech from the White House, CNN reported.

Trump has suggested extending protections for the Deferred Action for Childhood Arrivals (DACA) programme recipients for three years and a three-year extension of protections for Temporary Protected Status (TPS) holders.

The shutdown that began on December 22, has left roughly a quarter of the government closed and forcing 800,000 federal employees furloughed or work without pay.

Trump, Government, Afganistan
Trump presses Democrats on border wall funding ahead of Senate meeting. VOA

But House Speaker Nancy Pelosi rejected it even before Trump spoke. On Sunday, the President took to Twitter to slam Pelosi for rejecting his deal.

“Nancy Pelosi and some of the Democrats turned down my offer yesterday (Saturday) before I even got up to speak. They don’t see crime and drugs, they only see 2020 – which they are not going to win. Best economy! They should do the right thing for the country and allow people to go back to work.

“No, Amnesty is not a part of my offer. It is a three year extension of DACA. Amnesty will be used only on a much bigger deal, whether on immigration or something else. Likewise there will be no big push to remove the 11,000,000 plus people who are here illegally-but be careful Nancy,” he said in a series of tweets.

Some other Democrat leaders have also slammed the President’s offer.

Also Read- Actress Manisha Koirala Hopes to Write More Books in Future

New York Democratic Senator Kirsten Gillibrand, who entered the 2020 race just days ago, told CNN on Sunday that Trump’s offer of only temporary protection from deportation showed he “has no empathy” for people affected by the decision.

Virginia Democratic Senator Mark Warner said Democrats should not “reward the kind of behaviour of hostage-taking”.

Hawaii Representative Tulsi Gabbard, meanwhile, told CNN that “both sides” were responsible for the ongoing impasse and called for genuine negotiations. (IANS)