Japan Reported to Cancel High-Level U.S. Meeting as Top Nego…

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TMTPOST -- The outlook of Japan-U.S. trade deal seems turning gloomy, reports on Friday suggested.Credit：Xinhua News AgencyThe Japanese government scrapped a high-level meeting with the U.S. after the Trump administration abruptly asked its Asian ally to raise the defence budget to 3.5% of gross domestic product, or GDP, higher than its previous request of 3%, the Financial Times (FT) quoted people with knowledge of the matter on Friday. The meeting was cancelled as such latest U.S. request reportedly annoyed