U.S. And Japan Agree To Major Trade Deal At The G7

NEW: In an unexpected announcement at the G-7, President Trump and Japanese Prime Minister Shinzo Abe said they have agreed in principle to a trade deal following months of negotiations.

"This is a tremendous deal for the United States,” Trump says https://t.co/7OlfULqoRb pic.twitter.com/u4GDnRNJSw

— ABC News Politics (@ABCPolitics) August 25, 2019

Politico: U.S. and Japan strike trade deal ‘in principle’

Trump and Abe announced the agreement at the G-7 summit in France, with hopes for a formal signing in September alongside U.N. General Assembly meetings.

BIARRITZ, France — President Donald Trump said Sunday that a trade deal with Japan “is done in principle.”

“We have been working on a deal with Japan for a long time,” he said at the G-7 summit alongside Japanese Prime Minister Shinzo Abe and teams from both countries. “It involves agriculture and it involves e-commerce and many other things. It’s a very big transaction, and we’ve agreed in principle.”

Both Trump and Abe said they expect to sign the deal around meetings of the United Nations General Assembly next month in New York. They asked aides to accelerate negotiations over unfinished aspects of the trade deal in order to have a final agreement prepared in time.

“We’ve agreed to every point and now we’re papering it and we’ll be signing it at a formal ceremony,” Trump said.

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More News On The U.S. And Japan Agreeing To Major Trade Deal At The G7

Trump, Abe agree on principles of trade deal at G7 -- Reuters
Donald Trump says US, Japan have reached agreement 'in principle' on new trade pact -- USA Today
U.S., Japan Reach Agreement on Trade Deal Framework, Reports Say -- Bloomberg
US-Japan Trade Deal Coming in September, Trump Says -- VOA
US and Japan Agree to Tentative Trade Deal -- Epoch Times
US, Japan agree to trade deal at G-7 summit, as Trump says allies 'respect' China tariff war -- ABC News

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