Japan's Amari says that it is difficult to reach trade deal with US by August

Further comments by LDP election strategy chief, Akira Amari

Japan US
  • US deal won't meanly that only Japan makes concessions

This looks like it could be a bit of a drawn out affair as well, with the US likely to pressure Japan to agree to an exchange rate pact among other things in a trade deal. And that is something that Japanese officials can't be willing to offer up in fear that it could lead to further disinflation in the economy.

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