6 key takeaways from the U.S.-Japan trade deal: by skleb1234
Topline:
The United States and Japan finalized a limited trade agreement on Monday, in a deal that wins back some benefits American farmers lost after President Trump pulled the U.S. out of the Trans-Pacific Partnership during his first week of office in 2017. $7 billion worth of American agricultural productsIn return, theSome dairy products were left out of the deal,
like butter and evaporated milk, and won’t get the same access to Japan’s consumers as they did under the TPP.does little to resolve existing or additional auto tariffs,leaves out some other big U.S. exports to Japan —such as aircraft, liquefied propane gas and semiconductor manufacturing equipment, while other excluded products include rice, bourbon and whiskey.$40 billion worth of digital tradeTrump called the new trade deal with Japan “a huge victory for America’s farmers, ranchers and growers.”said that the two countries are working on doing so, with the difference on auto tariffs as the main sticking point for both sides still to be resolved.
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