U.S., Japan Sign Limited Deal on Farm Goods and Digital Trade

  • Trump says accord is a ‘game changer’ for farmers, ranchers
  • Text doesn’t cover auto tariffs, but Japan says it’s spared
The U.S. and Japan signed a limited trade deal intended to boost markets for American farmers.(Source: Bloomberg)
Lock
This article is for subscribers only.

The U.S. and Japan signed a limited trade deal that opens markets for American farmers and brings Tokyo a degree of assurance that President Donald Trump won’t impose new tariffs on auto imports for now.

The accords on agriculture and digital trade cover about $55 billion worth of commerce between the world’s largest- and third-biggest economies, U.S. Trade Representative Robert Lighthizer said at a ceremony in the Oval Office alongside Trump. The accord is a “game changer for our farmers” and ranchers, Trump said at the event.