Japan helps Trump in the trade war and signs the agricultural pact

The US-China trade war has reunited G7 leaders today in France, but if US President Donald Trump publishes explosive tweets and threatens new tariffs against China, he has also managed to agree with Japan on the signing of a bilateral trade agreement in September.

The US sales representative Robert Lighthizer says the agreement covers agriculture, industrial tariffs and digital commerce, while the tariffs of the automotive sector would remain unchanged.

Trump and the Japanese Prime Minister, Shinzo AbeThey announced their intention to sign the agreement in New York next month.

The US president he said that Japan had agreed to buy the US corn surplus that American producers charge as a result of the commercial struggle between Washington and Beijing. Abe refers to a potential acquisition of corn and said that it would be managed by the private sector.

Look also

Over the weekend, 1130 new fires were reported. France proposes an international fund for the Amazon instead of the Brazilian.

By
MONICA & nbspVALLEJOS

"It's a very big transaction and we agreed in principle. That's for billions of dollars. Huge for agricultural producers"Trump said with Abe at the G7 summit in France.

Abe said that there was still work to be done, but he was confident that it would be completed until the next meeting of leaders on September 24 at the United Nations General Assembly in Nairobi. New York.

Lighthizer said Japan imports agricultural products from the United States for about $ 14 billion and that the deal would open markets to more than $ 7 billion of these products. He mentioned the beef and pork, wheat, dairy products, wine and ethanol as beneficiaries of the agreement.

"This will lead to significant tariff reductions and non-tariff barriers in general, "he said, but he did not specify the aspects of understanding related to e-commerce and e-commerce.