U.S. - Japan trade talks yielded no major breakthroughs this past Thursday,spelling trouble for the Trans-Pacific Free Trade Agreement. The latest hangups are Japan wanting to protect its agricultural sector, and the U.S. wants to protect U.S. automakers from Japanese competition. While several rounds of negotiations over a couple of years have ensued with no major gains, these talks have the potential to import quotas and lower tariffs and open Pacific Industries in the U.S.
http://money.cnn.com/2014/04/24/news/economy/obama-tpp-trade/index.html?iid=SF_E_River
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