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Sybrand Brekelmans and Uri Dadush

Articles by Sybrand Brekelmans and Uri Dadush

Implications of the Japan – United States Mini Trade Agreement

October 11, 2019

Details of the US-Japan mini-trade deal are lacking but the agreements’ direct impact on the US and Japanese economies is likely to be minuscule. The deal seems to have been made to compensate American farmers – a crucial electoral base of the President – for their losses from the trade war with China.On 25th of September,  President Trump and Prime Minister Abe concluded a partial trade-agreement whose main provisions are to reduce Japan’s tariffs on some agricultural goods and to reduce US tariffs on certain industrial goods. The agreement also encompasses a digital trade chapter. Because the US tariffs to be reduced are small, under 5%, they can be cut by Presidential proclamation without ratification by the US Congress under Section 103 of the Trade Priorities and Accountability Act of

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