Japan Us Digital Trade Agreement

On December 26, 2019, the President of the United States (United States), Donald Trump, signed a proclamation that implemented two separate trade agreements with Japan (together the agreements).1 The proclamation took place about three weeks after the approval by Japan`s bicameral parliament, the national parliament, of the two agreements in early December. The U.S.-Japan Trade Agreement (Trade Agreement) will eliminate or reduce tariffs on agricultural and industrial goods and set preferential quotas for U.S.-specific products. The U.S.-Japan Digital Trade Agreement is a separate agreement between the two countries that sets out guidelines for priority areas of digital trade. The agreements entered into place on the 1st In addition to the publication of the text of the two trade agreements and the related letters, the Office of the U.S.