President Donald Trump signed an executive order this week to secure a trade deal with Japan, including 15 percent baseline tariffs on most goods, including the automobile industry.
Under the deal, Japan will invest $550 billion in projects and maximize its purchase of U.S. agricultural goods, including soybeans, corn, and commercial aircraft.
The deal had been made in Japan, but was finally signed after weeks of negotiating. Under that agreement, it included 75 percent higher imports of U.S. rice and $8 billion worth of agricultural products, according to MSN.
Story via Annik Bao with MSN
Related Stories
Weak soybean sales and soft wheat demand contrast with solid corn export strength.
AFBF Economist Dr. Faith Parum break down new survey findings on fertilizer affordability and producer sentiment heading into the 2026 growing season.
David Fisher with the American Lamb Board joined us to discuss a new sustainability program designed to boost producer profitability while supporting stewardship practices.
Trade disputes can quickly reduce demand for key crops.
Seafood producers gain expanded access to USDA support programs.