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Line 234:
Line 234: − [[File:Japan US relations Obama Naoto.jpg|thumb|left|300px|President Obama and Prime Minister Naoto Kan.]]+
→U.S./Japanese Economic Relations
===U.S./Japanese Economic Relations===
===U.S./Japanese Economic Relations===
U.S. economic policy toward Japan is aimed at increasing access to Japan's markets and two-way investment, stimulating domestic demand-led economic growth, promoting economic restructuring, improving the climate for U.S. investors, and raising the standard of living in both the United States and Japan. The U.S.-Japan bilateral economic relationship—based on enormous flows of trade, investment, and finance—is strong, mature, and increasingly interdependent. Further, it is firmly rooted in the shared interest and responsibility of the United States and Japan to promote global growth, open markets, and a vital world trading system. In addition to bilateral economic ties, the U.S. and Japan cooperate closely in multilateral fora such as the WTO, Organization for Economic Cooperation and Development, the World Bank, and the International Monetary Fund, and regionally in the Asia-Pacific Economic Cooperation forum (APEC).
U.S. economic policy toward Japan is aimed at increasing access to Japan's markets and two-way investment, stimulating domestic demand-led economic growth, promoting economic restructuring, improving the climate for U.S. investors, and raising the standard of living in both the United States and Japan. The U.S.-Japan bilateral economic relationship—based on enormous flows of trade, investment, and finance—is strong, mature, and increasingly interdependent. Further, it is firmly rooted in the shared interest and responsibility of the United States and Japan to promote global growth, open markets, and a vital world trading system. In addition to bilateral economic ties, the U.S. and Japan cooperate closely in multilateral fora such as the WTO, Organization for Economic Cooperation and Development, the World Bank, and the International Monetary Fund, and regionally in the Asia-Pacific Economic Cooperation forum (APEC).
Japan is a major market for many U.S. products, including chemicals, pharmaceuticals, films and music, commercial aircraft, nonferrous metals, plastics, and medical and scientific supplies. Japan also is the largest foreign market for U.S. agricultural products, with total agricultural exports valued at $10.1 billion in 2007, a 20% increase over the $8.39 billion in agricultural exports recorded by the U.S. Department of Agriculture in 2006. Revenues from Japanese tourism to the United States reached nearly $13 billion in 2005.
Japan is a major market for many U.S. products, including chemicals, pharmaceuticals, films and music, commercial aircraft, nonferrous metals, plastics, and medical and scientific supplies. Japan also is the largest foreign market for U.S. agricultural products, with total agricultural exports valued at $10.1 billion in 2007, a 20% increase over the $8.39 billion in agricultural exports recorded by the U.S. Department of Agriculture in 2006. Revenues from Japanese tourism to the United States reached nearly $13 billion in 2005.