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Official signing of trade agreement between Japan and the United States

2019-10-07T21:35:19.698Z

Regarding the trade agreement agreed between the leaders of Japan and the United States in September, Japan-US representative Ambassador Susuke Sugiyama and the Light Heiser trade representative formally signed an agreement at the White House in Washington, USA. Signed. Playing cards ...



Regarding the trade agreement agreed between the leaders of Japan and the United States in September, Japan-US representative Ambassador Susuke Sugiyama and the Light Heiser trade representative formally signed an agreement at the White House in Washington, USA. Signed. President Trump, who attended, appealed the result, "It is very groundbreaking for US farmers."

Mr. Trump gathered US agricultural group executives in the signing room and said, “Thanks to this agreement, US farmers can compete fairly with countries around the world in the Japanese market.”

The Trump administration withdrew from the Trans-Pacific Partnership (TPP) immediately after its establishment. This agreement has strong implications for the “agricultural leading agreement” to ease the dissatisfaction of the US agricultural industry that was disadvantaged in the Japanese market due to the withdrawal of TPP, taking into account Trump ’s re-election strategy in next year ’s presidential election.

While the Japanese side reduced tariffs to the TPP level for items such as beef and pork that are important to the US agricultural industry, there was no specific date for the elimination of tariffs on automobiles and auto parts on the US side. The additional tariffs on Japanese cars, which the US administration is considering for security reasons, are not guaranteed to refrain from triggering them in the future.

There is a conspicuous voice among US commerce professionals who pointed out that "(for Japan) is not balanced" (Mr. Millea Solis of Brookings Institution).

In this agreement, the rice on the Japanese side ...

Source: asahi

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