» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome >
VOL. 132 | NO. 100 | Friday, May 19, 2017

Hagerty, Trump's Japan Envoy Pick, Says He's Optimistic on Trade Deal

By RICHARD LARDNER, Associated Press

Print | Front Page | Email this story | Comments ()

WASHINGTON (AP) – The Tennessee businessman in line to be American ambassador to Japan said Thursday that he was optimistic about reaching a deal with Japan that could mean equal or better results than the Asia-Pacific agreement that President Donald Trump pulled the United States out of after taking office.

William Hagerty told the Senate Foreign Relations Committee that Trump, Vice President Mike Pence and members of Trump's Cabinet are engaged in an "economic dialogue" aimed at a bilateral trade pact with Japan. And making strides on a personal level with Japanese leaders.

Trump hosted Japanese Prime Minister Shinzo Abe at Trump's Florida resort in February, and Pence communicates regularly with Japan's vice prime minister, he said.

Secretary of State Rex Tillerson, Defense Secretary Jim Mattis and Commerce Secretary Wilbur Ross have traveled to Japan in the early months of the Trump administration. The U.S. has tried to reassure Japan that Washington's rejection of the Trans-Pacific Partnership deal did not signal a U.S. withdrawal from trade and economic development in the region.

"So at a personal level, at a relationship level, I see advancement taking place that encourages me that we will be able to still achieve a good deal of what we'd hoped to accomplish in the TPP, what might have been hoped before," Hagerty said using the acronym for the Trans-Pacific Partnership deal.

Hagerty is a founder and the managing director of Hagerty Peterson & Company, a private equity investment firm in Nashville, Tennessee, according to a brief biography on the company's web site. He took a leave of absence last year to serve as director of presidential appointments for the Trump transition team.

A native of Tennessee, Hagerty graduated from Vanderbilt University with an economics degree and attended Vanderbilt Law School.

Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 83 223 16,103
MORTGAGES 62 207 18,599
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 323 32,794
BANKRUPTCIES 66 187 10,687
BUSINESS LICENSES 28 86 5,172
UTILITY CONNECTIONS 37 127 11,344
MARRIAGE LICENSES 15 75 3,848

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.