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. Last Updated: 07/27/2016

U.S.-Japan Trade Spat

WASHINGTON () -- The United States and Japan began a third straight day of trade talks Friday, but officials expect no breakthrough until the end of the month when sanctions are set to take hold.


"This isn't going to move a hair until then," a senior administration official predicted. "I don't expect any change of any significance to report for days."


President Bill Clinton, who personally thrashed out the trade spat with Japan's Foreign Minister Yohei Kono on Thursday, has given Tokyo's coalition government one more week to open a handful of its prized markets or risk U.S. sanctions.


"The president emphasized that unless agreements are reached under the framework agreement by the Sept. 30 deadline, he will have to consider remedies under U.S. trade laws," the White House said after the meeting.