Dollar & Sense: The Brookings Trade Podcast cover image

Japan’s quiet leadership as it hosts the G7 summit in Hiroshima

Dollar & Sense: The Brookings Trade Podcast

CHAPTER

The Tension Between the US and Japan on the Economic Side of the Equation

Japan is participating in relatively new, large trade agreements. They really were the leaders in keeping alive the Trans-Pacific Partnership. Now the US is not active in these new trade agreements. And on the other hand, what we hear from the United States is that they do not believe any longer on the benefits of traditional free trade agreements. That's certainly an element where the two sides are not working in the same direction.

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