WASHINGTON -- A senior Treasury official yesterday warned that the United States stands ready to impose sanctions against Japan if trade negotiations fail to produce an agreement by the end of the month.

"The United States is going to use the tools of our trade policy.to seek the removal of particularly egregious trade barriers," said Lawrence Summers, the Treasury's undersecretary for international affairs, in a speech to the American Business Conference.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.