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U.S., Japan Make Progress Toward Trade Deal

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U.S., Japan Make Progress Toward Trade Deal

Business

U.S., Japan Make Progress Toward Trade Deal

U.S., Japan Make Progress Toward Trade Deal

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After two days of negotiations, U.S. and Japanese officials say they're closer to an agreement to bring Japan into the Trans-Pacific Partnership — a proposed trade deal with 12 Pacific rim nations.

STEVE INSKEEP, HOST:

NPR's business news starts with a possible breakthrough in Japan.

(SOUNDBITE OF MUSIC)

INSKEEP: After two days of trade negotiations, both U.S. and Japanese officials say they have made progress toward an agreement to bring Japan into the Trans-Pacific Partnership - that's that proposed trade deal with a dozen Pacific Rim nations.

A final agreement has not yet been reached. Differences remain involving the agricultural and automobile sectors. Negotiations coincided with President Obama's trip to Asia. Earlier today, he left Japan for South Korea and, which also has yet to join the TPP.

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