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U.S. and Japan announce new trade agreement

Posted at 11:45 AM, Sep 25, 2019
and last updated 2019-09-25 14:08:02-04

President Trump and Japanese Prime Minister Shinzo Abe signed the first stage of a new trade policy between the two countries Wednesday.

At the United Nations General Assembly, Trump touted the details of the deal and the close relationship between the U.S. and Japan.

The agreement opens new Japanese markets to about $7 billion worth of American agricultural products and it will cut or eliminate some tariffs.

It also features a deal on $40 billion worth of digital trade between the countries.