It’s unclear if a US-Japan trade deal will be signed this week
after President Trump’s threatened to put tariffs on cars from Japan.
Ohio State University’s Ian Sheldon says any trade deal with
Japan will be good news for the industry, he expects the deal to be modest.
“It’s not going to be a full-blown free trade agreement,” he says. “Free trade agreements cover the whole gamut of products. They cover non-tariff barriers to trade, and they might cover things like exchange rates and dispute resolution mechanisms.”
He says the Trans-Pacific Partnership, for example, would have included rules on bilateral investment agreements, intellectual property, and state-owned enterprises.
Continue reading US-Japan working to sign trade deal but issues remain at Brownfield Ag News.
