"And Japan is very smart - great negotiators - and up until now they've done very well, and they'll continue to do very well".
It's a significant shift by Tokyo which has been a strong advocate of a multi-nation trans-Pacific trade pact that President Donald Trump withdrew from soon after taking office.
Japanese media have said Japan is considering a bilateral agreement that would lower tariffs on US agriculture imports in exchange for avoiding higher tariffs on Japanese autos.
"We've agreed today to start trade negotiations between the United States and Japan", Trump said at a summit with Abe in NY, on the sidelines of the U.N. General Assembly session.
Abe has cultivated close ties with Trump since after his 2016 election but trade relations have been hard, since the Republican president withdrew from the 12-nation Trans-Pacific Partnership, or TPP, that had been negotiated by the Obama administration and championed by Abe despite considerable domestic political opposition in Japan.
Trump earlier raised concerns about the trade deficit with Japan and demanded a bilateral agreement to address the situation. Imposing higher tariffs on auto imports that would have escalated trade tensions significantly. "It's a line in the sand" from Japan, said Ted Murphy, a partner at the law firm Baker McKenzie.
Abe said the United States will hold off on threatened tariffs on Japanese autos while the negotiations are underway.
He has also imposed sweeping tariffs on steel and aluminum even from allies such as the European Union and Canada, citing Section 232.
Trump this week slapped $200 billion of tariffs on China, which also has a large trade surplus with the United States, and on Wednesday he bluntly said that his onetime friendship with Chinese President Xi Jinping could be over. "It can only be better for the United States.I think it's going to be better, really, for both countries".
"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.
"I think it will be something very exciting", Trump said at the outset of his meeting with Abe.
The U.S. and Japan will enter negotiations for a U.S. -Japan trade agreement on goods and "other key areas including services, that can produce early achievements" at the completion of "necessary domestic procedures". "It's actually a plus", he said, pointing out that much of TPP negotiations boiled down to individual countries sorting out arrangements on goods.
U.S. Trade Representative Robert E. Lighthizer is scheduled to brief lawmakers Thursday on the administration's trade policies, including a request for negotiating authority to pursue a deal with Japan.
"The U.S. agricultural community must be breathing a sigh of relief, particularly in light of the hardships farmers are experiencing with the China tariffs", Wendy Cutler, who negotiated the Pacific trade deal for the Obama administration, said via email.
Lighthizer, without providing specifics, said there would be "an very bad lot of differences between what was negotiated in TPP and the kind of agreement we expect with Japan".
Abe's government said it would offer American farmers the same benefits they had won in the TPP agreement that Trump quit but no better terms, according to the joint statement.
Speaking at the press conference to wrap up his visit to New York, Abe reiterated that he is ready to meet with Kim face to face and put an end to years of mutual distrust.
Abe has made it a priority to settle the issue of the abductions by North Korea of Japanese nationals in the 1970s and 1980s.
These suspensions have disrupted aid to thousands of people in need of humanitarian assistance and protection. The worldwide response was swift, however, and the outbreak was declared over in June with 33 deaths.
One of Judge Kavanaugh's accusers , Christine Blasey Ford , is due to appear before the Senate Judiciary Committee on Tuesday. She said at some parties boys lined up by a bedroom to assault incapacitated girls.
Unai Emery has moved to dismiss rumours he refused to let Joachim Low into Arsenal's training ground to speak with Mesut Ozil. Ozil's agent Erkut Sogut, who Bierhoff had reportedly contacted before the visit, declined to comment.
He said Ontario and Manitoba both require landlords to prove they have done work before they can receive the extra rent increase. Now the formula allows for rents to go up annually by the CPI plus two per cent.
OPEC, along with other suppliers except for Russian Federation , began to limit their output in order to raise crude values. United States crude futures rose 20 cents to US$72.28 a barrel, close to the highest since mid-July.
Donald Trump a ensuite consacré un chapitre entier à l'Iran. "C'est vrai." a-t-il déclaré suscitant les rires de l'assemblée. Le 'Commander in Chief' a préféré prendre tout cela avec humour: " je ne m'attendais pas à cette réaction, mais ça va ".
A source told People magazine that George was "the leader of the pack" and said that the five-year-old was "having a great time". A major royal tradition was broken with Princess Charlotte at the wedding of William and Kate's friends over the weekend.
Smith Public Library is joining libraries, bookstores and universities across the country for a weeklong literary celebration. Not only did he want the book banned and out of reach of children, he also wanted an apology and reimbursement for damages.
LaLiga champions FC Barcelona suffered their first defeat of the season, after going down 2-1 to Leganes on Wednesday evening. He used his right boot to rip a volley into the far post netting, beating Leganes goalie Ivan Cuellar .
L'hôpital va désormais former son personnel à cette méthode, qui limite les effets secondaires et la convalescence. C'est une infirmière du CHU spécialement formée à l'hypnoanalgésie, qui a accompagné M.
Xiaomi announces new Mi TVs for Indian market
There's also Chromecast built-in, so you can stream content from your smartphone to the Mi TV , along with Google Voice Search. In China, Xiaomi sells the standard Mi Band 3 version without NFC for CNY 169, which translates to Rs.1,800 approx.in India.
Wall Street dips after Federal Reserve raises rates
While they raised projections for expansion this year and next, they predicted that growth would slow to 1.8 per cent by 2021. Fed officials, in the statement, repeated their assessment that "risks to the economic outlook appear roughly balanced".
'Monster Hunter' Casts Ron Perlman, T.I
Screen Gems also produced the Underworld and Resident Evil franchises, both of which feature their own sets of fantasy monsters. The husband and wife duo of Anderson and Jovovich previously collaborated on the Resident Evil movie franchise.