TOKYO -- The Japanese government is working to subsidize storage costs for private-sector companies that import extra volumes of American soybeans and to expand domestic demand for the commodity in line with the trade deal struck with the Trump administration earlier this year.
Commodities
Japan looks to subsidize storage of soybeans bought under Trump tariff deal
Government to demonstrate commitment to trade pact ahead of US president's visit next week
Japan has agreed to purchase $8 billion in U.S. agricultural products, including soybeans, as part of this summer's tariff agreement with the Trump administration. © Reuters
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