Japan's trade negotiator cancels US visit over tariff deal snag


TOKYO: Japan's top trade negotiator cancelled a visit to the United States at the last minute on Thursday (Aug 28), further delaying talks designed to finalise a $550 billion investment package offered by Tokyo in exchange for relief on punishing tariffs.

Ryosei Akazawa (pic) was due to fly to Washington to craft a written confirmation of the terms of the package, such as the split of investment returns between the US and Japan, a government source previously told Reuters.

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