U.S. Pushes For More Access To Japan Auto, Insurance Markets

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U.S. Pushes For More Access To Japan Auto, Insurance Markets

by Wochit 0:51 mins

U.S. Pushes For More Access To Japan Auto, Insurance Markets

by Wochit 0:51 mins

The United States urged Japan to open its auto and insurance markets more to foreign companies as the two countries pursue bilateral talks linked to a broader free-trade agreement. The United States hopes to make a proposal to Japan on its trade barriers in September, U.S. Trade Representative Michael Froman said. The talks are aimed at reaching a conclusion on the Trans-Pacific Partnership free trade initiative by the end of the year. Stocks were set to open little changed, following the Dow industrials' largest weekly drop in more than a year, as traders positioned for an expected move from the Federal Reserve to scale back its economic stimulus.

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