Skip to comments.MAGA: Trump Announces Massive Japanese Trade Deal Potentially Worth 'Billions'
Posted on 08/25/2019 8:26:41 AM PDT by Kaslin
United States President Donald J. Trump alongside Japanese Prime Minister Shinzo Abe announced on Sunday the framework for a massive trade deal between the two countries. While nothing has been signed yet, the potential agreement could bolster both economies by billions.
"Weve been working on a deal with Japan for a long time. And weve agreed in principle," President Trump told the press at the G7 Summit.
"We successfully reached consensus with regard to the core elements related to agricultural and industrial trade," Abe told the media via a translator. "We still have some remaining work that has to be done at the working level."
The deal will primarily benefit American farmers.
"With regard to the potential purchase of American corn, in Japan, we are now experiencing insect pests on some agricultural products, Abe added. "And there is a need for us to buy some of the agricultural products."
"This is a tremendous deal for the United States. It's a really tremendous deal for our farmers," President Trump added.
Deputy Assistant to the President and Principal Deputy Press Secretary Hogan Gidley tweeted, "The President will always stand up for our great farmers and ranchers!"
Japan + USA = ~7% of world population, and 40% of the global economy
Great boost for the corn farmers and the millions of metric tons now in storage due to the China trade war. Because of this, not much corn in Texas this year but a whole lot of cotton.
% of world population doesn’t really matter - there’s huge areas of Africa and Asia that have really large popluations yet contribute little to the World economically (or culturally)
Economic power is what matters ...
US + Japan = an economic powerhouse
(and based on SOLID, verifiable economic numbers, not the house-of-cards statistical scam going on in China)
This has rapidly made itself my favorite educational picture on the distribution of global population. Those not from South or East Asia don't seem to have too good a grip on the reality of that distribution.
China reaps the benefits of unfair trade for decades
Trump applies tariffs on China crap we can do without
China retaliates by applying tariff on food Chinese people need to eat.
That will hurt POTUS and the US before the Chinese go hungry.....
If gloabal warming was true, and caused by Humans, you just identified ground zero of Global “Warming”
Great news. The Japanese are tough competitors but honorable. The Chinese have simply no concept of keeping one’s word.
Yeah, but given Japan’s birth rate how much of a benefit over time. Maybe we can make a deal to sell them Ensure.
Just trade for their smartest and most attractive females
And we can take care of their under-population problem
That’s a dig at China.
This is the second time PM Abe has come offering gifts to POTUS.
Abe is smart enough to know that the old Bretton Woods system is at an end. Global trade pacts are realigning and the US is being viewed as the only “safe house” left on the globe (resources, rule-of-law, security, corporate property/incorporation, and customers). A more apt term would be “the least dirtiest shirt in the hamper”.
Japan isn’t the only one to read the tea leaves. Korea, SouthEast Asia, Mexico, Brazil and England have made various types of concession(s) or deals with the US. The ones that haven’t received the memo (most notably China and Germany) are gonna find out the hard way that the US has a variety of suppliers to choose from.
Joe Walsh is sad.
Japanese martial arts movies are the bomb. Love that Toshiro.
“...we are now experiencing insect pests on some agricultural products...”
Is that code for radioactive particles?
This sounds like JAPANESE COLLUSION!!!
The extent of the Sahara Desert is impressive too, esp. given that it cycles between current conditions or worse, and wetter / much more hospitable. Good article here, with surprisingly little focus on bogus causes:
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.