CRS Releases Report on US-Japan Deal
The Congressional Research Service released a report Oct. 3 on the U.S.-Japan trade agreement, detailing the scope of the two sides’ initial agreement and potential topics of future talks. The report also explains the increased U.S. market access for agriculture exports and issues Congress may consider in the coming weeks -- in light of the Trump administration's "decision to pursue a limited scope trade agreement with Japan in stages," while also considering tariff actions under Section 232 -- such as which industry sectors the U.S. trade representative should prioritize in future talks and what role, if any, Congress should have in the negotiations.