
What Happened On Aug. 25, U.S. President Donald Trump and Japanese Prime Minister Shinzo Abe announced an agreement in principle for a trade deal to be signed around the next U.N. General Assembly session on Sept. 24. While many of the details remain unknown, under the reported framework, the deal would put U.S. agricultural access to Japan on par with the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) agreement , including up to $7 billion worth of U.S. products such as beef, pork, dairy, wine and ethanol. Crucially for the White House, Trump noted that Japan will also make unspecified large purchases of U.S. wheat and corn. For Japan's part, its main goal in trade talks has been to avoid the blow of a threatened 25 percent U.S. automotive tariff , with a secondary hope of greater access to the U.S. market for industrial goods.