McLean County Farm Bureau

U.S.-JAPAN TRADE DEAL HITS SNAG –

A U.S.-Japan trade deal hit a last-minute snag as Japanese officials sought assurances that the Trump administration will not impose tariffs on Japanese-built cars and auto parts, people familiar with the talks said Monday. President Trump and Japanese Prime Minister Shinzo Abe have been aiming to sign a trade deal this week that provides increased access to Japan for U.S. agricultural goods and bilateral cuts in industrial goods tariffs. The limited trade deal is not expected to include changes to tariffs and trade rules governing autos, the biggest source of the $67.6 billion U.S. trade deficit with Japan. (Reuters)