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situation report

May 3, 2019 | 16:45 GMT

1 min read

Japan, U.S.: Trump Reportedly Agrees to Delay Final Trade Deal Until After Japanese Elections

What Happened: U.S. President Donald Trump has reportedly agreed to delay a final trade deal with Japan until after the country has held its upper house elections in July, Time magazine reported May 1.

Why It Matters: Delaying trade talks will likely provide a boost for Japanese Prime Minister Shinzo Abe in upcoming elections, as it would put some disagreements within the Japanese government on hold.

Background: Abe agreed to set up a framework for trade talks with the United States in late 2018, and discussions between both sides officially began in April.

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