The United States and Japan signed a limited trade agreement Monday, a deal that would win back benefits American farmers lost when President Donald Trump pulled out of a broader Asia-Pacific pact his first week in office.
U.S. farmers have been operating at a disadvantage in Japan since Trump withdrew from the Trans-Pacific Partnership agreement, which had been negotiated by the Obama administration. The other 11 Pacific Rim countries, including big farm producers such as New Zealand and Canada, went ahead without the United States and were enjoying preferential treatment in Japan.
“This is a huge victory for America’s farmers, ranchers and growers. And that’s very important to me,” Trump said in a signing ceremony at the White House.