Japan: Relief from limited trade deal – TD Securities

Sandeep Kanihama FXStreet Contributor

Analysts at TD Securities note that there was some relief for Japan and US farmers in the limited trade deal agreed overnight.

Key Quotes

“Trump said the deal would open up Japanese markets to around $7bn of US products, with tariffs on US agricultural products cut. However, note that autos were not covered in the agreement. Japan will be relieved that that section 232 tariffs on Japanese autos will not be implemented, at least for now.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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