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The US may be close to pursuing a free trade agreement with Japan, according to the US Ambassador to Japan. Currently they are talking about a schedule to meet to discuss the potential agreement.  Read more below from Bloomberg:

President Barack Obama wants to sign a free trade pact with Japan, U.S. Ambassador to Japan John Roos told the Nikkei English News in an interview yesterday.Roos said progress on a trade agreement can “hopefully” continue, Nikkei said. The Office of the U.S. Trade Representative and Japanese experts should continue to talk about a schedule for negotiating a free trade agreement, the new U.S. envoy told Nikkei.