By Tim Kelly KANANASKIS, Alberta (Reuters) -Japanese Prime Minister Shigeru Ishiba and U.S. President Donald Trump agreed to push ahead with trade talks on Monday, but failed to achieve a breakthrough that would lower or eliminate tariffs that threaten to hobble the Japanese economy.

US President Donald Trump and Japanese Prime Minister Shigeru Ishiba failed to reach an agreement on a trade package on the sidelines of the Group of Seven summit, an outcome that leaves the Asian nation inching closer to a possible recession as the pain of US tariffs hits its economy.