‘Mission complete’: What’s in the US-Japan trade deal?

CNA reports that United States President Donald Trump on Tuesday (Jul 22) announced a trade deal with Japan, with both countries agreeing to reduce additional tariffs on Japanese automobiles from 25% to 15%. The US and the Philippines also agreed a trade deal that will see goods from the Southeast Asian country face a 19% tariff.

USSC Director of Research Jared Mondschein spoke with the channel on these developments.