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New U.S.-Japan trade deal benefits some farmers and e-commerce

Erika Beras and Associated Press Oct 8, 2019
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President Trump shakes hands with Japan's Prime Minister Shinzo Abe during a bilateral meeting at the G7 Summit in August 2019.
Nicholas Kamm/AFP/Getty Images

The U.S. and Japan signed a limited trade agreement on 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. While rewarding American farmers, the new U.S.-Japan mini-deal does not resolve differences over trade in autos.

But deals with China and other trading partners have stalled — why did this one move forward?

Click the audio player above to hear the full story.

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