Japan agrees to trade talks with U.S.

Japanese Prime Minister Shinzo Abe said a new economic relationship with the U.S. should be a “win-win” for both countries. He made those remarks during a briefing at the UN General Assembly this week.

Abe had previously resisted trade talks for nearly two-years, instead, insisting on a multi-national trade pact.

After his meeting with President Trump in New York, the Japanese leader agreed to enter into bilateral trade negotiations with the Trump administration.

President Donald Trump listens as he meets with Japanese Prime Minister Shinzo Abe at the Lotte New York Palace hotel during the United Nations General Assembly, Wednesday, Sept. 26, 2018, in New York. (AP Photo/Evan Vucci)

“Between our two countries, we have a very long history — it is the accumulation of trustful relationships” stated Abe. “Upon that, we were able to begin negotiations and it will undoubtedly lead into the expanded trade and investment between our two countries.”

Japan’s agreement to negotiate a new trade deal comes after the president said he would enact tariffs on Japanese cars.

Those tariffs, however, will not be put in place since Japan has agreed to participate in trade talks.

Source: One America News Network.