Japan's about-face on trade talks with U.S. raises question

The Japan-U.S. agreement to enter negotiations for a bilateral trade deal raises one question: will this lead to the kind of "win-win" situation that Japan has envisaged?Tokyo appears to have acquiesced to Washington and moved away from exploring a multilateral approach to trade issues as U.S. President Donald Trump is demanding a bilateral deal to fix imbalanced trade.Even as Japanese officials dismiss the view, a future Japan-U.S. trade agreement on goods will, in effect, be a free trade agreement that Tokyo has been reluctant to negotiate.Concerns are growing in such sectors as autos and…READ FULL ARTICLE