Progress on TPP deal with U.S. but a gap remains: Japan official

Japan and the United States have made progress on a two-way trade deal but a gap remains and effort is needed to come to a final compromise, a top official in Japan’s cabinet said on Wednesday. Yasutoshi Nishimura, senior vice-minister of the Cabinet Office, told reporters in New York the two countries were in the “last stretch” of a deal vital to the Trans-Pacific Partnership, a 12-nation bloc that would extend from Asia to Latin America.