Us Japan Digital Trade Agreement Text

April 14th, 2021

The Digital Trade Agreement contains many provisions similar to those of the USMCA Digital Trade Chapter. Provisions to eliminate discriminatory treatment of digital products, prevent future tariffs on electronic transmissions, validate the use of electronic signatures, and ensure online consumer protection and personal data are included in both the Digital Trade Agreement and the USMCA. 5. Among the key outcomes of the agreement are rules that include: on October 7, 2019, USTR Robert Lighthizer and Japan`s Ambassador to the United States Shinsuke J. Sugiyama signed the U.S.-Japan trade agreement and the U.S.-Japan digital trade agreement. Following national procedures, both agreements came into force on 1 January 2020. As announced in the joint statement of the United States and Japan of September 25, 2019, the United States and Japan intend to conclude consultations within four months of the U.S.-Japan trade agreement coming into force and then to open negotiations on tariffs and other trade restrictions, trade barriers and investment, and other issues, to promote mutually beneficial, fair and reciprocal trade for both parties. 4. October 7, 2019 U.S. Trade Representative Robert Lighthizer and Japanese Ambassador to the United States Shinsuke J. Sugiyama signed the final text of the agreements, which puts both countries on the road to completion.7 As two of the world`s most digitally advanced countries, the United States and Japan have a deep common interest in creating enforceable rules that help digital suppliers in all sectors of their economies innovate and create wealth and set standards for other economies. Together, these rules will put in place predictable rules and foster a strong digital trade market between the two countries – developments that should support more prosperity and well-paying jobs in the United States and Japan. President Trump, as part of the government`s broader trade agenda, has long criticized the trade imbalance between the United States and Japan, the world`s largest and third-largest economies, respectively.