TRADE TALKS
Japan and U.S. (N.Z.P.A.-Reuter—Copyright) 1 HONOLULU, Dec. 12. American and Japanese delegations held a second day of talks in Honolulu today aimed at clarifying trade issues between the countries, especially removal of tariffs. Mr William Eberle, special trade representative for the United States, said that the 43 delegates discussed issues, “that will lead to the removal of trade barriers.”
Mr Nobuhiko Ishiba, head of the 22-member Japanese delegation, said that Mr John Petty, the United States Assistant Treasury Secretary, stressed to them that trade problems and monetary realignment were inseparable. Mr Ishiba is Japan’s Ambassador to the United States.
The Japanese delegation was believed prepared to offer tariff reductions on some items such as cars, calves and soybeans, and quota increases on other items—if the United States would cancel its demand that Japan revalue the yen upward by 20 per cent
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Bibliographic details
Press, Volume CXI, Issue 32789, 14 December 1971, Page 17
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143TRADE TALKS Press, Volume CXI, Issue 32789, 14 December 1971, Page 17
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