US and Japan Set to Sign Trade Deal Slashing Meat Tariffs by 80 Percent

US and Japan Set to Sign Trade Deal Slashing Meat Tariffs by 80 Percent
Japan's Prime Minister Shinzo Abe (L) sits with U.S. President Donald Trump during a bilateral meeting on the sidelines of the G-7 summit in Biarritz, southwestern France on August 25, 2019. NICHOLAS KAMM/AFP/Getty Images
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The United States and Japan concluded trade pact negotiations on Aug. 24 that will slash Japanese tariffs on U.S. meat imports by about 80 percent and leave unchanged low U.S. auto import tariffs.
Japanese negotiators agreed to give the Trump administration the same tariff reductions on meat imports envisioned under the proposed 12 nation Trans-Pacific Partnership (TPP) agreement. President Trump withdrew from the deal in January, complaining that the 5,600-page multilateral deal negotiated by his predecessor would encourage more offshoring of American jobs and undercutting of U.S. workers’ wages.