After TPP: The Future of US-Japan Trade Relations
When Japanese Prime Minister Shinzo Abe met with U.S. President Donald Trump in February, they agreed to convene a bilateral economic dialogue – led by U.S. Vice President Michael Pence and Japanese Deputy Prime Minister and Finance Minister Taro Aso – to “[explore] cooperation across sectors that promote mutual economic benefits to the United States and Japan.” This framework would enable the two governments to draft a new economic agenda following U.S. withdrawal from the Trans-Pacific Partnership (TPP), the 12-country trade agreement that had dominated the bilateral agenda since Japan entered TPP negotiations in March 2013.