US-Japan Trade Negotiation Agreement US Agricultural Organizations Welcome September 26th 11:20
In response to the signing of a joint statement on the final agreement on a new trade negotiation between the two leaders, there are growing voices in the United States, particularly among agricultural groups. However, President Trump is aiming for a comprehensive agreement to remove Japan's tariffs and non-tariff barriers, and the following will be noted.
President Trump, in New York, signed a joint statement in New York after confirming that trade negotiations had reached a final agreement with Prime Minister Abe. Under the new trade agreement, Japan will respond to the elimination and reduction of tariffs on a wide range of American agricultural products.
In this regard, the largest agricultural group in the United States, the “Agricultural Federation of the United States,” said in a statement, “It is a positive step. I thank the Trump administration and look forward to more agreements.” The voice that welcomes is spreading around.
Meanwhile, President Trump is aiming for a comprehensive agreement to remove tariffs and non-tariff barriers by Japan.
Lightheiser Trade Representative stated that he was not thinking at the moment about adding high tariffs to the cars exported from Japan, which was the focus of the negotiations, but he is looking forward to a comprehensive agreement. There is a view that it will be possible to flicker again as a negotiating card in order to facilitate negotiations.
Depending on the situation of the presidential election next year, President Trump may seek new results by reducing the trade deficit, and the next way to pay attention.