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Subject
Japan-US trade negotiations.
Significance
Japan and the United States have agreed the core principles of a bilateral trade deal covering agriculture, industrial tariffs and digital trade.
Impacts
Agricultural exporters in the Trans-Pacific Partnership may lose their current advantages over the United States in the Japanese market.
A Japan-US trade agreement could increase the pressure on Beijing to reach a trade deal with Washington.
The digital component could help the United States and Japan together shape rules and standards in WTO negotiations.
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2019
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