By — Associated Press Associated Press Leave a comment 0comments Share Copy URL https://www.pbs.org/newshour/world/watch-trump-and-japans-abe-sign-1st-stage-of-trade-deal Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter WATCH: Trump and Japan’s Abe sign 1st stage of trade deal World Sep 25, 2019 1:42 PM EST President Donald Trump has announced the “first stage of a phenomenal new trade agreement” with Japan. It’s not immediately clear from Trump’s comments on the sidelines of the U.N. General Assembly what that “first stage” includes. But Washington and Japan — which is the world’s third largest economy — have been in long, sometimes contentious negotiations on a trade deal. There’s reportedly been considerable behind-the-scenes wrangling because of Japan’s concern about the possibility of future U.S. tariffs on Japanese auto exports. Trump says Japan will open new markets to approximately $7 billion in U.S. agriculture products, including beef, pork, wheat, cheese, corn, wine and more. By — Associated Press Associated Press
President Donald Trump has announced the “first stage of a phenomenal new trade agreement” with Japan. It’s not immediately clear from Trump’s comments on the sidelines of the U.N. General Assembly what that “first stage” includes. But Washington and Japan — which is the world’s third largest economy — have been in long, sometimes contentious negotiations on a trade deal. There’s reportedly been considerable behind-the-scenes wrangling because of Japan’s concern about the possibility of future U.S. tariffs on Japanese auto exports. Trump says Japan will open new markets to approximately $7 billion in U.S. agriculture products, including beef, pork, wheat, cheese, corn, wine and more.