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Shih Pomo: Implementing the US trade protocol is more challenging than reaching an agreement.
Jin10 data on August 4 reported that Japanese Prime Minister Shigeru Ishiba stated that the trade agreement reached between the United States and Japan last month is a "win-win" for both countries, but implementing the terms of the agreement may be more challenging than reaching the agreement. "Some say that executing a trade agreement is harder than reaching an agreement. I humbly seek your continued support in this regard," Ishiba said. Japan's Minister for Economic Revitalization, Akizawa Ryoji, acknowledged that the trade agreement lacks written documentation. Akizawa stated, "My understanding is that having some written materials would be helpful." He added that the agreements between Washington and the EU and South Korea also lack written documentation. These remarks highlight that, even after the tariff deadline on August 1, there remains significant uncertainty surrounding many global trade agreements.