Trade Agreement with Japan

 

The White House has notified Congress it will sign a trade agreement with Japan.

President Donald Trump notified lawmakers he will enter an agreement on tariffs and digital trade with Japan, as the two sides wrap up the talks still this month.

The White House published the notice earlier this week.

President Trump told lawmakers he is “pleased to report that my administration has reached an initial trade agreement.”

The agreement is expected to be signed along the sidelines of the United Nations General Assembly in New York this month.

The agreement does not need approval from Congress and can go into effect immediately.

The agreement will mostly lower tariffs on U.S. ag products, to levels granted to other exporters to Japan in the Comprehensive and Progress Agreement for Trans-Pacific Partnership.