U.S. Signs 2 New Trade Deals With Japan

The video discusses two trade deals between the US and Japan. The first deal focuses on agricultural products, aiming to reduce Japanese tariffs on items like beef and pork. The second deal enhances digital trade, boosting the existing $40 billion market. These agreements precede upcoming US-China trade talks, which will address similar issues in intellectual property and agriculture.

What is the primary focus of the first trade deal between the US and Japan?

• Enhancing cultural exchanges

• Reducing tariffs on digital products

• Expanding access to agricultural markets

• Increasing tariffs on electronics

Which products are mentioned as part of the tariff reductions in the US-Japan agricultural deal?

• Automobiles and parts

• Textiles and clothing

• Beef, pork, and wheat

• Electronics and machinery

What is the estimated value of the existing digital trade between the US and Japan?

• $50 billion

• $40 billion

• $30 billion

• $20 billion

What types of products are covered in the second trade deal between the US and Japan?

• Automobiles

• Textiles

• Intangible products like music videos and software

• Agricultural products

What are the upcoming US-China trade talks expected to address?

• Military alliances

• Intellectual property and agricultural trade

• Environmental policies

• Tourism and travel