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US, Japan Agree to Start Trade Negotiations - Trump

© REUTERS / Carlos BarriaUS President Donald Trump, representing the United States as current President of the United Nations Security Council, bangs the gavel to open the U.N. Security Council meeting at the 73rd session of the United Nations General Assembly at U.N. headquarters in New York, U.S., September 26, 2018
US President Donald Trump, representing the United States as current President of the United Nations Security Council, bangs the gavel to open the U.N. Security Council meeting at the 73rd session of the United Nations General Assembly at U.N. headquarters in New York, U.S., September 26, 2018 - Sputnik International
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UNITED NATIONS (Sputnik) - US President Donald Trump said on Wednesday ahead of his meeting with Japanese President Shinzo Abe that the two countries have agreed to start trade negotiations.

"We’ve agreed today to start trade negotiations between the United States and Japan. This was something that for various reasons over the years Japan was unwilling to do, and now they are willing to do, so we’re very happy about that," Trump told reporters on the sidelines of the UN General Assembly.

READ MORE: Prof: Japan's Abe Has Shown Remarkable Resilience in His Ability to Handle Trump

World Trade Organization (WTO) logo at the entrance of the WTO headquarters in Geneva - Sputnik International
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US, EU, Japanese Trade Ministers Agree on Need for WTO Reform - Joint Statement
Last year, Japan had the third-largest trade surplus with the US after China and Mexico. The Japanese officials said they might agree to either reducing the number of exports to the US or increasing the volume of American imports.

The US appears to be more interested in the latter option — as the Trump administration is seeking to fix America's trade imbalances by promoting US exports rather than by disrupting international trade.

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