US, Japan agree trade deal 'in principle'

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US, Japan agree trade deal 'in principle

BIARRITZ, France - US President Donald Trump and Japan's Prime Minister Shinzo Abe on Sunday announced a deal in principle on a major bilateral trade deal.

US Trade Representative Robert Lighthizer said the agreement will especially benefit US farmers -- a politically important group for Trump in his uphill push for reelection in 2020. Negotiators have agreed Japan will place tariffs on US agricultural products up to levels that apply to members of the Trans-Pacific Partnership pact, Japan's public broadcaster NHK and major Japanese dailies reported.

 

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