US' Hagerty: Japan needs to reduce auto exports to US

Comments by US ambassador to Japan, William Hagerty

• A decline in Japanese auto exports to the US is needed
• Also needed is an increase in Japanese production in America
• Then only the trade deficit of US to Japan will reduce
• Japan also needs to import more US cars and beef

Both countries are expected to proceed with a bilateral agreement in the near future and trade talks are said to likely begin next year. But we're already getting a glimpse of how those talks will proceed through the comments above.