US-Japan trade agreement approved by Cabinet 8th early morning To be officially signed October 7th 19:42

The new trade agreement between Japan and the United States was decided in the afternoon of the carry-on cabinet on the afternoon of the 7th. The agreement will be officially signed in Washington on the 8th of Japan time, and the government wants to get it approved by the current Diet and put it into effect early.

According to the Japan-US trade agreement decided by the cabinet, the beef imported from the United States is currently 38.5, assuming that Japan will respond to market opening of agricultural products such as beef and pork without exceeding the level of the TPP = Pacific Partnership Agreement. % Tariff will eventually be reduced to 9%.

On the other hand, based on the agreement between the leaders that the United States will not trigger additional tariffs on Japanese cars during the implementation of the agreement, the handling of cars and related parts that Japan is seeking to eliminate tariffs will continue to be discussed, etc. Is included.

The agreement is scheduled to be officially signed by Ambassador Sugiyama and Reitheiser Trade Representative in the presence of President Trump in Washington in the morning of 8th of Japan time.

In response, the government will submit a bill for approval of the agreement next week to the Diet.

The government wants to make the agreement effective as soon as it is approved by the current parliament as it can construct a huge free economic zone that accounts for 60% of the world economy together with the TPP agreement by the Japan-US trade agreement.

Foreign Minister “I want you to understand at the Diet early”

Mr. Mogi, Minister of Foreign Affairs, was 6:30 pm on the 7th, and the Ministry of Foreign Affairs told reporters, “We decided to carry it around as soon as possible by the Cabinet. Both leaders of Japan and the United States completed their domestic procedures. It is agreed that the agreement will come into force at an early stage, and we would like to see the approval of the Diet at an early stage as Japan. "

Regarding the effective date of the agreement, he said, “If the US is aiming to enter into force on January 1, next year, there will be no sense of schedule with Japan.”