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U.S. offers to cut tariffs on 99.5% of goods under TPP

Thursday, April 17, 2014  
Posted by: Emily Becker
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Global Post

The United States has proposed eliminating tariffs on 99.5 percent of goods imported from Japan, as it presses Tokyo to scrap tariffs even on agricultural products to clinch a 12-nation Pacific free trade deal, a Japanese government source said Thursday. As of last December, Japan had proposed bringing its tariff liberalization rate to 92 percent, prompting the United States to press Japan in subsequent bilateral talks, the source said.…

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