The US signed two trade deals with Japan at the beginning of this week but neither addressed the contentious issue of potential tariffs on vehicles and automotive parts traded between the two countries, a sticking point in the discussions leading up this week’s agreements.
The deals signed on Monday, which cut tariffs on foodstuffs and digital products, cover roughly $55 billion in trade. They are seen as restoring market share since Trump pulled the US out of the Trans-Pacific Partnership (TPP) in 2017.
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