Trump says initial tariff deal agreed with Japan

18 September, 2019 12:00 AM printer

WASHINGTON: President Donald Trump on Monday said the United States had reached an initial agreement on tariffs with Japan, after often claiming that Tokyo has had an unfair advantage in bilateral trade.

Mr Trump and Japan’s Prime Minister Shinzo Abe last month said the deal was close to being completed, and that they hoped for a formal signing during the UN General Assembly later in September, report agencies.

“I am pleased to report that my Administration has reached an initial trade agreement regarding tariff barriers... with Japan,” Mr Trump said in a letter to Congress released by the White House.

“I intend to enter into the agreement in the coming weeks.”