U.S. Chamber Statement on Preliminary U.S.-Japan Trade Deal

Sunday, August 25, 2019 - 1:15pm

WASHINGTON, D.C. — Myron Brilliant, executive vice president and head of international affairs, U.S. Chamber of Commerce issued the following statement today in response to the president's announcement of a forthcoming U.S.-Japan trade deal:

“American companies and agriculture exporters are at a clear disadvantage to their Asia-Pacific and European counterparts in the absence of a comprehensive trade deal with Japan.

“Given the existing volatility and uncertainty in global markets, today’s news that the administration is making progress in talks with Japan, one of our most important trading partners, is a welcome step in the right direction. However, the U.S. Chamber strongly urges the Trump Administration to continue its efforts to reach a comprehensive, high-standard agreement that addresses the full range of U.S. trade priorities from services and intellectual property protection to regulatory barriers. By securing a broader agreement, the administration will spur significant economic growth, create U.S. jobs, and open up other avenues for expanding our market access and commercial ties to the vital Asia-Pacific region.”