Clinton to Tokyo: No Deal

The U.S. tells Japan it must get serious about opening up its markets

It was really no surprise that last week's meeting between Bill Clinton and Japanese Prime Minister Morihiro Hosokawa ended with sour expressions -- for % eight months the two nations have failed to agree on how to measure progress in Japan's efforts to open its markets. But given the tradition of smoothing over differences at the close of most summits, the unvarnished frankness at the final bow of this one was something new. At a joint press appearance, with Hosokawa at his side, Clinton let loose. Japan's markets "still remain less open to imports than any other" major nation's, he said....

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!