U.S., Japan sign limited trade deal, leaving autos for future talks


  • World
  • Thursday, 26 Sep 2019

Japan's Prime Minister Shinzo Abe shakes hands with U.S. President Donald Trump during a signing ceremony on the sidelines of the 74th session of the United Nations General Assembly (UNGA) in New York City, New York, U.S., September 25, 2019. REUTERS/Jonathan Ernst

NEW YORK (Reuters) - U.S. President Donald Trump and Japanese Prime Minister Shinzo Abe signed a limited trade deal on Wednesday that cuts tariffs on U.S. farm goods, Japanese machine tools and other products while further staving off the threat of higher U.S. car duties.

Trump said the deal would open up Japanese markets to some $7 billion worth of American products annually, cutting Japanese tariffs on U.S. beef, pork wheat and cheese.

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