President Trump signs new trade deal with Japan

NEW YORK — President Trump says a new trade deal with Japan will benefit farmers and ranchers as well as tech companies.

President Trump and Prime Minister Shinzo Abe signed the deal Wedensday afternoon at a ceremony at the United Nations, which President Trump says will open Japanese markets to $7 Billion worth of U.S. products.

“Japanese tariffs will now be significantly lower or eliminated entirely for U.S. beef, pork, wheat, cheese, corn, wine and so much more.” said the President, “This is a huge victory for America’s farmers, ranchers and growers and that’s very important to me.”

The President says he expects more deals between the U.S. and Japan in the near future.

South Dakota’s congressional delegation is also weighing in on the deal.

Congressman Dusty Johnson said “This is big day for American ag-producers. I’m proud of our trade negotiators who continue to keep their noses to the grindstone.”

“In addition to helping beef and pork producers, this agreement will boost America’s dairy, ethanol, and wheat industries.” said Senator John Thune, “Any day that we can create more opportunities for U.S. Companies to reach new or expanded markets around the world is a good day, and I can say with confidence that today is a good day.”

Categories: National News, Politics & Elections, South Dakota News