Initial US-Japan tariff deal reached, Trump says; no word on cars

The Straits Times | Sep 17, 2019 at 9:00 PM
  • WASHINGTON • US President Donald Trump said on Monday that Washington had struck trade agreements with Tokyo that could be implemented without congressional approval, but stopped short of assuring Japan that new tariffs would not be slapped on vital car exports.
  • On a critical issue to Japan, his announcement was left unclear as to whether he has agreed not to impose threatened national security tariffs on Japanese vehicles and car parts.
  • For the US leader, the signing of even a partial trade deal with Japan centred largely on agriculture would provide some relief to US farmers who have been battered by a 14-month US-China trade war and lost market share.