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U.S., Japan Agree on Trade Deal Framework, Nikkei Reports

From bnnbloomberg.ca

The U.S. and Japan agreed on a broad framework for a trade deal, pushing back the implementation of President Donald Trump’s threat to impose tariffs on automobiles, the Nikkei reported without citing sources. Robert Lighthizer, the U.S. Trade Representative, and Japan Economy Minister Toshimitsu Motegi, reached an agreement in Washington on Friday, the newspaper reported. Japan will lower tariffs on U.S. beef and pork to the same levels as those proposed for the Trans-Pacific Partnership, the Nikkei said. The report raises the likelihood that Trump and Japan Prime Minister Shinzo Abe will make an announcement on ... (full story)

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