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Stalemate: U.S. and Japan Fail to Advance Trade Talks

By Ilana Solomon

President Obama recently wrapped up a meeting in Tokyo with Japanese Prime Minister Shinzo Abe, where the leaders once again failed to make a breakthrough on their deadlock in the Trans-Pacific Partnership (TPP) trade agreement.

Obama and Abe have been in negotiations over Japan’s treatment of sensitive agricultural products, including rice, beef, pork, wheat, and dairy products, and over trade in automobiles — but a breakthrough is still out of reach. This lack of progress is just one of several indicators that the TPP is faltering, if not failing.

There are still a great number of red flags surrounding the …read more

Source: Huffington Post Green