U.S.-Japan trade deal aims to put U.S. farmers on par with Trans-Pacific trade pact competitors

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U.S.-Japan trade deal aims to put U.S. farmers on par with Trans-Pacific trade pact competitors
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The new U.S.-Japan trade deal will provide staged reduction of Japanese tariffs ...

U.S. President Donald Trump speaks at a formal signing ceremony for the U.S.-Japan Trade Agreement at the White House in Washington, October 7, 2019. REUTERS/Kevin Lamarque

U.S. President Donald Trump presided over a White House signing ceremony on Monday for the final text of the limited bilateral trade pact, more then 2-1/2 years after he pulled the United States out of the much broader TPP. The U.S. Trade Representative’s office said the pact would immediately eliminate Japan’s tariffs on U.S. food and agricultural imports valued at about $1.3 billion per year, including almonds, blueberries, cranberries, walnuts, sweet corn, lactose, milk albumin, grain sorghum, food supplements, broccoli and prunes.

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