Japanese Ecomin Motegi: A good start to trade discussions with the U.S

Japanese Ecomin Motegi has been crossing the wires this early Asia and has said that they have had a good start to trade discussions with the U.S.

Key comments:

• Talked about goods including agriculture and autos.
• Will meet with Lighthizer again next week.
• Agreed also talk about digital trade in the future.
• Cannot go beyond existing trade agreements on agriculture.
• Have not come to an agreement yet.
• On autos, will move forward in a way that will be win-win.
• Believe 232 won’t be acted upon while trade talks continue.
• Believe that would be a general understanding.
• Agreement will be a package.
• Haven't negated possible talks on article 4 of joint statement.
• U.S. believes that digital trade will come to agreement sooner.
• Would like to get to an early agreement.