Hatch Statement on U.S.-Japan Trade Talks

WASHINGTON – Senate Finance Committee Chairman Orrin Hatch (R-Utah) today released the following statement regarding President Trump’s announcement that he will begin trade talks with Japan: 

“Japan is one of the world’s largest economies and our fourth largest trading partner. A trade agreement with Japan has the potential to open more markets for U.S. goods and services, which will help American producers expand operations and lower prices at home. I have long called for a strong U.S.-Japan trade agreement. It is a welcome step that the administration is prepared to undertake those negotiations in accordance with Trade Promotion Authority (TPA). I will work with USTR to help deliver an agreement that benefits American businesses, farmers, ranchers, workers and families.” 

Background: The Finance Committee has jurisdiction over international trade. Hatch spearheaded efforts in Congress to enact bipartisan Trade Promotion Authority (TPA) to help open more markets for U.S. exports and strengthen intellectual property rights protections in U.S. trade agreements. More information about TPA here.  

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