Japan and the U.S. remain at impasse in the Trans Pacific Partnership talks as they refuse to bring their tariffs to zero. That after President Obama met last week in Japan with Prime Minister Abe. Now Japan may try to get the U.S. to come to the table on their terms by working out a bi lateral trade deal with Canada. Iowa Pork President Jamie Schmidt sees that as a gimmick by Japan to try and get their way in the TPP negotiations.
Schmidt says President Obama was hampered by Democrat leaders who are opposed to the TPP when he met with Prime Minister Abe.
Schmidt is hoping the fact the two sides are still talking may eventually lead to a TPP deal as it’s very important for the U.S. pork industry.
President Obama’s talks with Japan ended on Friday with no TPP resolution although discussions are continuing between trade negotiators.