U.S., Japan trade chiefs agree to create "high-level" standards

U.S. and Japanese trade chiefs have agreed in their first talks that Washington and Tokyo will establish "high-level" trade standards to promote their bilateral deal and bolster economic growth, Japanese trade minister Hiroshige Seko said Saturday."We have agreed that the two countries will work together to promote mutually beneficial trade, tackle trade barriers and trade-distorting measures, and create high-level standards," Seko told reporters after a conversation with Robert Lighthizer, the new U.S. trade representative.The Japanese minister, meanwhile, declined to comment on whether Li…READ FULL ARTICLE