U.S.-Japan Trade Relations: Challenges and Opportunities Stephanie Segal, Center for Strategic and International Studies (CSIS)
Context A (very) brief history Global developments Politics of trade Challenges and opportunities
Global trade (Goods and Services) Percent of Global GDP Source: IMF World Economic OUtlook database, October 2017
Contribution to Global GDP 48% Source: IMF World Economic OUtlook database, October 2017
Current account comparison Percent of Country’s GDP Source: IMF World Economic OUtlook database, October 2017
Merchandise exports, 2016 USD billions (7.8 percent of US GDP) Source: IMF World Economic OUtlook database, October 2017
Challenges and Opportunities NAFTA upgrade CP-TPP TPP Take 2 (“TPP-TT”)? Cooperation Investment Standards Infrastructure
Investment stocks: Japan Source: IMF Coordinated Direct Investment Survey (CDIS), 2016YE
Investment stocks: United States Source: IMF Coordinated Direct Investment Survey (CDIS), 2016YE
US-Japan economic dialogue Pillar I: Trade and Investment Enforcement Bilateral issues Pillar II: Economic and Structural Macro Fin Reg Development Pillar III: Sectoral Cooperation Infrastructure Energy Digital Economy
Thank you Stephanie Segal, Senior Fellow and Deputy Director, William E. Simon Chair in Political Economy CSIS | Center for Strategic and International Studies 1616 Rhode Island Ave. NW, Washington DC, 20036 ssegal@csis.org Office: (202) 775-3150 Mobile (202) 276-4040