Tuesday, September 17, 2019 |
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(Worthy News) – U.S. President Donald Trump said on Monday Washington had struck trade agreements with Tokyo that could be implemented without congressional approval, but stopped short of assuring Japan that new tariffs would not be slapped on vital auto exports.
In a letter to the U.S. Congress released by the White House, Trump said that he intends to enter into the agreements on tariff barriers and digital trade “in the coming weeks” and was notifying lawmakers that the tariff deal would be made under a trade law provision allowing the U.S. president to make reciprocal tariff reductions by proclamation.
“In addition, I also will be entering into an Executive Agreement with Japan regarding digital trade,” Trump said in the letter. [ Source: Reuters (Read More…) ]
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