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US, Japan reach agreement that includes commitments on digital, agricultural trade - Trump

Sanjeevni Today 26-09-2019 10:01 AM

US, Japan reach agreement that includes commitments on digital, agricultural trade - Trump


New York, The United States and Japan have reached a trade agreement that includes commitments on digital trade in the amount of $40 billion, US President Donald Trump said on Wednesday.

"We reached an agreement for robust commitments for $40 billion on digital trade," Trump said during the signing ceremony with Japanese Prime Minister Shinzo Abe.

Trump also said the trade agreement allows Japan to "open new markets to approximately $7 billion in American agricultural products."

Under the terms of the trade agreement, Japan will lower or fully eliminate tariffs for a number of US products, including beef, pork, wheat, cheese, corn and wine, Trump explained.Concluding the trade agreement is a huge victory for US farmers, Trump said.

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