Bill Clinton: “When our talks stalled last week and it was clear we were at an impasse, I agreed with Prime Minister Hosokawa that we…”

“When our talks stalled last week and it was clear we were at an impasse, I agreed with Prime Minister Hosokawa that we would undertake a period of reflection and give them a chance to do the same thing. So we are now reviewing all of our options, but we haven't ruled anything out. I might say that the news story that I saw on the cellular telephone today is really quite coincidental with this, although it's illustrative of the same problem. That is, we have been engaged in these talks on cellular telephones for a very long time, and the deadline, as I said, purely coincidentally ran out at this time. But it is a good illustration of the problem we face in entering the Japanese market.”