On Monday, Mike Pompeo, the U.S. Secretary of State, stated how he expected the U.S.-Japan trade deal at the U.N. General Assembly, set to take place at the end of this month in New York.
In a recent tweet, Mike Pompeo stated how the developments they had made in the U.S.-Japan trade agreement at the G7 Summit will further advance their sturdy economic association, and that it is advantageous for both the parties involved.
He stated how Japan and the United States had agreed on digital, industrial and agricultural issues, and concluded by saying how he was expecting to see the finalized agreement at UNGA.
The statements on Twitter by Mike Pompeo were an extended version of those made by Larry Kudlow, the White House economic adviser, on Friday. When speaking to Fox Business Network, Kudlow had stated how the trade agreement with Japan will most likely be concluded and announced at the upcoming U.N. meetings.
The previous month, Japan and the U.S. decided on the chief constituents of a trade deal between the two nations. Donald Trump, the President of the United States, and Shinzo Abe, the Prime Minister of Japan, are expected to officially sign the agreement on the sidelines on the UNGA in New York.
The previous month, Robert Lighthizer, U.S. Trade Representative, stated how the agreement went over agriculture, industrial tariffs and digital trade. Auto tariffs are set to remain the same.