Trump Announces Massive Japanese Trade Deal Potentially Worth ‘Billions’

United States President Donald J. Trump alongside Japanese Prime Minister Shinzo Abe announced on Sunday the framework for a massive trade deal between the two countries. While nothing has been signed yet, the potential agreement could bolster both economies by billions.

“We’ve been working on a deal with Japan for a long time. And we’ve agreed in principle,” President Trump told the press at the G7 Summit.

“We successfully reached consensus with regard to the core elements related to agricultural and industrial trade,” Abe told the media via a translator. “We still have some remaining work that has to be done at the working level.” . . .

“With regard to the potential purchase of American corn, in Japan, we are now experiencing insect pests on some agricultural products,” Abe added. “And there is a need for us to buy some of the agricultural products.”

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