Japan, U.S. reach framework on new trade pact
Auto August 24, 2019, 0 Comment 4The broad deal retains U.S. tariffs on Japanese vehicles — 2.5 percent on cars and 25 percent on trucks — while removing barriers to beef and pork exports to Japan, media reports say. President Trump had threatened to raise levies on about $50 billion worth of cars and auto parts Japan exports to the U.S. annually.
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