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Alternative Sources of Wood for Japan

Description: Japan is one of the world's largest wood importers, with two-thirds of its imports as logs (unprocessed timber). Southeast Asia has been the largest log supplier, but supplies (and exports to Japan) have been declining. The United States has become a more important supplier, but concerns about declining domestic timber supplies have led to proposals to prohibit or to tax log exports. Opponents suggest that Japan would simply turn to other sources to replace U.S. logs. One question in this debat… more
Date: August 25, 1994
Creator: Gorte, Ross W.
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APEC and Free Trade in the Asia Pacific

Description: This report discusses the summit held by President Bill Clinton and other leaders of the Asia Pacific Economic Cooperation (APEC) on November 19, 1995. The report discusses the primary reason for the summit, an Action Agenda intended to lead to free and open trade and investment among its members. The report also discusses how APEC countries were divided on certain issues going into this summit.
Date: November 14, 1995
Creator: Nanto, Dick K.
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Commercial Relations with Russia: Prospects for a Common United States-Japanese Policy

Description: Discussions in Japan in May 1992 related to potential agreements at the September 1992 Russian-Japanese summit were keyed to the central question, Will the barriers to significant commercial cooperation involving Russia, Japan and the United States in Russian Siberia be removed? [1] From these discussions among key Japanese industrialists, bankers, government officials and academics who influence policy, came a tentative "yes", if four conditions are met. A positive outcome would thus seem more… more
Date: July 30, 1992
Creator: Hardt, John P.
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Congress and Trade Policy Toward Japan

Description: Congressional policymaking with respect to trade with Japan is driven by strong domestic interests, appeals to broad political principles, and numerous horror stories. The $43 billion U.S. trade deficit with Japan continues to be a focus of attention, but the deficit is an issue because it reflects aggressive competition between Japanese companies and U.S. industries.
Date: April 15, 1992
Creator: Nanto, Dick K.
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Defense Burdensharing: Is Japan's Host Nation Support a Model for Other Allies?

Description: This report reviews data that the Administration has provided to Congress on the costs of U.S. forces based abroad and on the value of host nation support contributions. It analyzes the data in order to assess potential defense budget savings from measures now under congressional consideration. The report concludes that, because of shortcomings in the data, estimates of savings in the U.S. defense budget from increased host nation contributions are often overstated. Some commonly accepted asser… more
Date: June 20, 1994
Creator: Daggett, Stephen
open access

The Federal Reserve's Arrangement for Emergency Loans to Japanese Banks

Description: The U.S. Federal Reserve reportedly has an arrangement with the Bank of Japan to provide emergency loans to Japanese banks operating overseas in exchange for U.S. Treasury securities. The collateralized loans would be extended on short notice for banks facing emergency liquidity needs. The purpose of the arrangement is to forestall the possible sale by Japanese banks of large amounts of U.S. Government securities (thereby raising U.S. interest rates) and to boost confidence in Japan's financi… more
Date: December 27, 1995
Creator: Nanto, Dick K.
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Financial Services Trade with Japan

Description: The 1995 U.S.-Japan Financial Services Agreement further liberalizes aspects of Japan's financial markets, particularly in asset management, corporate securities, cross-border financial services, and in providing greater transparency for administrative procedures. Implementation will have to be monitored, however, and some issues still remain unresolved.
Date: March 24, 1995
Creator: Nanto, Dick K.
open access

Japan and an East Asian Trading Bloc

Description: The 1990s are likely to be known as the decade of the trading blocs, although these neo-blocs differ considerably from those of the 1930s. Countries are linking to liberalize the flow of trade and investments across their borders without necessarily raising external barriers. The European Community and the European Free Trade Association are linking to create a European Economic Area, and the United States and Canada have joined in negotiations with Mexico to conclude a North America Free Trade… more
Date: February 6, 1992
Creator: Nanto, Dick K.
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Japan and NAFTA

Description: Japan, as an issue, has entered the debate over U.S. approval of the North American Free Trade Agreement (NAFTA) in several ways. The Clinton Administration has argued that Americans should support NAFTA because if it fails to pass Congress, Japan will rush to negotiate a similar arrangement with Mexico. Proponents of NAFTA also have argued that since Japan opposes NAFTA (because of its presumed protectionism and the benefits it provides to North American businesses), it must be "good for Ameri… more
Date: November 12, 1993
Creator: Nanto, Dick K.
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Japan: Resale Price Maintenance

Description: Resale price maintenance occurs when manufacturers control the prices charged by wholesalers or retailers of their products. In Japan, such activities are prohibited, although certain exemptions are allowed. The U.S. concern over the practice is that it could allow Japanese firms to generate a secure profit base in their home market in order to finance aggressive price competition abroad.
Date: March 28, 1991
Creator: Nanto, Dick K.
open access

Japan-Taiwan Economic Relations: Implications for the U.S.

Description: Taiwan and Japan might seem to be two similar island economies when viewed from this side of the Pacific, but they are strikingly dissimilar. Over the twentieth century, their relationship with one another has shifted from colonial to mutual growth and recognition to the current anomaly of an intense economic interchange accompanied by severed diplomatic ties. Between Taiwan and Japan, the private sector is taking the lead in developing a relationship that is both mutually beneficial and s… more
Date: July 20, 1992
Creator: Nanto, Dick K.
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Japan-U.S. 1995 Automotive Dispute: Impact of 100 Percent Tariffs on Automobile Dealers by State

Description: There have been varying estimates of the number of U.S. automobile dealerships that would be affected by the Administration's recently announced plan to impose a 100-percent tariff on imported Japanese luxury automobiles. This report examines the assumptions which result in some of the differences. also provides a State-by-State estimate of numbers of dealers potentially affected if the higher tariffs are imposed.
Date: June 16, 1995
Creator: Heavner, Penelope Fay
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Japan-U.S. Automobile and Parts Trade Dispute

Description: On May 9, 1995, the United States initiated action designed to resolve a dispute with Japan dealing with automobiles and auto parts. In an effort to move negotiations along and resolve a U.S. unfair trade practices case (Section 301) dealing with barriers in the aftermarket for auto parts in Japan, the United States has threatened to impose 100 percent tariffs on imports of thirteen Japanese luxury passenger cars (Honda Acura, Nissan Infiniti, Toyota Lexus, Mazda 929 and Millenia, and Mitsubish… more
Date: June 9, 1995
Creator: Nanto, Dick K.; Cooper, William H. & Bass, Gwenell L.
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Japan-U.S. Automotive Framework Talks

Description: The U.S.-Japan framework talks were initiated in July 1993. The automotive negotiations between Japan and the United States focused on sales of U.S. vehicles in Japan; sales of U.S.-made original equipment parts in Japan and to Japanese transplants in the United States; and deregulation of the market for replacement parts in Japan. An unresolved dispute over shock absorbers and other replacement parts resulted in the United States launching a formal investigation of Japanese market barriers to … more
Date: November 10, 1994
Creator: Bass, Gwenell L.
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Japan-U.S. Economic Relations: Selected References

Description: This report contains a list of readings focuses on the current state of the U.S. economic relationship with Japan. A general, introductory section is followed by citations discussing specific Japanese business practices and trade policies which have an impact on the relationship. The bibliography also describes trade trends in specific sectors (including commentaries on the semiconductor agreement) and concludes with a section on policy options.
Date: August 1, 1992
Creator: Howe, Robert
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Japan-U.S. Economic Relations: Selected References

Description: This list of readings focuses on the current state of the U.S. economic relationship with Japan. A general, introductory section is followed by citations discussing specific Japanese business practices and trade policies which have an impact on the relationship. The bibliography also describes trade trends in specific sectors (including commentaries on the semiconductor agreement) and concludes with a section on policy options.
Date: August 1, 1992
Creator: Howe, Robert
open access

Japan-U.S. Relations in a Post-Cold War Environment: Emerging Trends and Issues for U.S. Policy

Description: The prospects for Japan-U.S. relations in a rapidly changing minternational environment were explored in depth in a September 27, 1991, CRS seminar entitled "The Future of U.S.-Japan Relations: Global Partnership or Strategic, Rivalry?" A full transcript of the proceedings was published in February 1992 by the House Committee on Ways and Means as a Committee Print. This report summarizes the principal findings of that seminar.
Date: March 24, 1992
Creator: Cronin, Richard P.
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Japan-U.S. Relations: Issues for Congress in the 1990s

Description: Japan-U.S. relations are more uncertain and subject to greater strain today than at any time since World War II. Longstanding military allies and increasingly interdependent economic partners, Japan and the United States have worked closely together to build a strong, multifaceted relationship based on democratic values and interests in world stability and development. But Japan today is our foremost economic and technological competitor. It consistently runs the largest annual international tr… more
Date: August 31, 1994
Creator: Sutter, Robert G.
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Japan-U.S. Relations: Issues for Congress in the 1990s

Description: Japan-U.S. relations are more uncertain and subject to greater strain today than at any time since World War II. Longstanding military allies and increasingly interdependent economic partners, Japan and the United States have worked closely together to build a strong, multifaceted relationship based on democratic values and interests in world stability and development. But Japan today is our foremost economic and technological competitor.
Date: November 21, 1994
Creator: Sutter, Robert G.
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