US AND JAPAN AGREE INITIAL TRADE DEAL FOCUSING ON AGRICULTURE –

The US and Japan have agreed an initial trade deal that will eliminate or lower tariffs on certain products traded between them. Duties on some agricultural goods will be removed or lowered, while digital products will also benefit. Under the deal, over 90% of US food and agricultural products going into Japan will either be free of any duty or receive preferential tariff access, according to the Office of the United States Trade Representative (USTR). The U.S. ag community has reacted positively to the news. (BBC)