The United States and Japan have reached the broad framework of a trade agreement, with Washington maintaining tariffs on Japanese autos but Tokyo cutting tariffs on US beef and pork, Japan's Nikkei business daily said on August 24.
The Nikkei did not
cite any sources for its information.US Trade Representative Robert Lighthizer and Economy Minister Toshimitsu
Motegi reached the deal on August 23 in Washington,
and it will be announced at a meeting of President Donald Trump and Prime
Minister Shinzo Abe expected on August 25 on the sidelines of the Group of Seven
summit in Biarritz, France, the newspaper said.
The report comes shortly after Motegi told
reporters in Washington
that he and Lighthizer had made "big progress" in their talks.
The Republic of Korea (ROK) on October 28 offered to hold working-level talks with the Democratic People's Republic of Korea (DPRK) to discuss issues on the DPRK's scenic resort of Mount Kumgang.
Israeli Blue and White party's leaders vowed on Monday (October 21) to form "a liberal unity government" after incumbent Prime Minister Benjamin Netanyahu failed to present a new one.
Chile's government will extend a state of emergency to cities in its north and south, President Sebastian Pinera said late on October 20, after at least seven people were killed amid violent clashes and arson attacks over the weekend.
European Union leaders will discuss a new budget plan on Friday (October 18) that could allow the bloc to spend up to EUR1.1 trillion (US$1.2 trillion) in the 2021-2027 period, but deep divisions among governments could block a deal for months.
The United States and Turkey on October 17 reached an agreement on a five-day truce and the establishment of a safe zone in northern Syria, where the Turkish forces had been fighting against the Kurdish militia, following talks between the two sides in the Turkish capital of Ankara.
The world economy is facing a future in which there are more and more barriers and tariff measures. In the context that economies have to "live” with trade barriers, analysts are concerned that global economic growth is at risk of sharp decline.