US, Japan Sign Trade Agreement

The U.S. and Japan have officially signed a trade deal which opens markets and supports expansion of U.S. food and agricultural exports, reports Food Business News. The agreement will also increase U.S. farm income, generate more rural economic activity, and promote job growth.

“Today’s signing marks the successful end to more than a year of negotiation between Japan and the United States,” says Zippy Duvall, president of the American Farm Bureau Federation. “This agreement means sharply lower tariffs on our farm and ranch exports with the promise of more to come.” Full Story

Related: Japan Lifts Two-Decade Ban on UK Beef; New TPP May be Enacted by Year-End.

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