Japan US Textile Trade Negotiations Rift

In the late 1960s and early 70s, Japan - US textile consultations reached a deadlock, because the views of the leaders of the two countries were very different, so it was difficult to implement them.

In 1968, with Richard Nixon being elected president of the United States, negotiations between Japan and the United States began in Nixon.

In November 1969, Nixon

The two leaders and their intimate assistants knew the agreement.

The United States still maintains that Japan's voluntary export restrictions cover a wide range of textiles, but Japan stresses that this applies only to a limited number of products.

In November 29th of that year, the US side told Takeso Shimoda, the Japanese ambassador to the United States, Nixon and Misaki Sato agreed to comprehensively restrict their secret opinions.

However, foreign minister Aichi Chi said in a telephone message on December 1st that Misaki Sato refused wide restrictions.

The public document revealed that the bilateral relations between Japan and the United States were sour because of different views.

Without knowing the secret agreement, Japan's textile industry strongly opposed the tough stance of the United States on bilateral textile trade, making the consultation between the two countries more complicated.

Shimoda and other officials involved in the negotiations of the Japanese government consider that it is necessary to publicize their secret agreements and explain the situation to the public.

But Misaki Sato has consistently denied the secret agreement, which has led to negotiations between the two countries. Until trade minister Kakuei Tanaka followed the United States' request, the two countries reached an agreement in October 1971.

A series of secret events are hidden behind the deteriorating bilateral relations. The famous Nixon shock, Washington unilaterally cancelled the direct exchange of US dollar and gold in July 1971, and ended the fixed exchange rate of the Japanese yen and US dollar 360:1. Before Tokyo knew it, Nixon secretly visited China, and Japan US relations experts said.