The U.S.-Japan bilateral trade relationship is perhaps the most
consequential and the most tumultuous in the world. Government and
business leaders devote substantial time and effort to resolving
the stream of disputes that arise between the two allies and
trading partners. Many of the issues are rooted in the perception
that Japan's impressive economic success may be due in some degree
to anticompetitive practices through which Japan's domestic markets
are protected, and that an unfair advantage is granted to Japanese
companies as they expand abroad. Regardless of the validity of
these opinions, their existence exerts a negative influence upon
this important bilateral relationship.
General
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