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US, Japan sign limited trade deal, leaving autos for future talks

Updated : September 26, 2019 09:54 AM IST

Trump said the first-phase deal would open up Japanese markets to some $7 billion worth of US products annually, cutting Japanese tariffs on American beef, pork wheat and cheese.
A Japanese government statement also said further talks would seek to eliminate the existing 2.5 percent US tariff on Japanese cars.
Trump later praised China’s recent agricultural purchases as “goodwill” measures and said a deal with Beijing could come sooner than people think.
US, Japan sign limited trade deal, leaving autos for future talks

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