The newly approved trade agreement between the U.S. and Japan is now in effect. Tariffs are lifted on more than $7 billion worth of U.S. agricultural goods. This gives 126 million Japanese consumers will have greater access to American beef, pork, nuts, sorghum, sweet corn and others. It also provides a country-specific quota for U.S. wheat. According to the Office of the U.S. Trade Representative, the new terms amount to $55 billion worth of trade.
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