This report discusses trade relations between the U.S. and Japan. Commercial aspects of the United States-Japan alliance, in recent years, have begun to dominate the dialogue between the two nations. In particular, friction points have developed over chronic U.S. bilateral trade deficits with Japan, allegations of Japanese protectionism, and rapid incursions into U.S. markets by Japanese export products.
This report provides background and current analysis of the Japan--U.S. trade situation, discusses the political and economic tensions which this imbalance has created, and outlines the problems involved in several current negotiations, such as the question of trade barriers to U.S. agricultural exports.
Date: May 10, 1983
Creator: Library of Congress. Congressional Research Service.