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Challenges remain to finalize US-Japan trade deal

Agreement with Abe will be needed bright spot for Trump

| North America

With escalating trade tensions between the U.S. and China, the announcement made this past weekend at the G-7 meeting by President Donald Trump and Prime Minster Shinzo Abe is welcome news.

Specifically, the two leaders struck an agreement "on core principles" covering agriculture, industrial tariffs and digital trade. This does not mean that the deal is done by any means, but it does signal that the talks have moved far enough along for the parties to share solid prospects of completing and signing a narrow trade agreement on the margins of next month's U.N. General Assembly meeting.

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