Japan, Trade Deal
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Japan said on Tuesday the trade agreement it struck with the U.S. cleared uncertainties on U.S. trade policies but continued attention needs to be given to risks of those policies putting downward pressure on the Japanese economy.
TOKYO (Reuters) -Japan's leading trade negotiator said on Tuesday that the trade deal Tokyo agreed with the United States last week guarantees Japan will always receive the lowest tariff rate on chips and pharmaceuticals of all the pacts negotiated by Washington.
The rate will apply in addition to individual “reciprocal” tariffs targeting countries with which the US runs a trade deficit.
US President Donald Trump and EU chief Ursula von der Leyen shake on it after "tough negotiations" in Scotland.