President Donald Trump says he and Japanese Prime Minister Abe Shinzo have agreed to a "Big Trade Deal."
The president tweeted Sunday, saying the deal "will be great for our Farmers, Ranchers and more."
Following President Trump and Abe's trade meeting at the G-7 summit in France, U.S. Trade Representative Robert Lighthizer said the two countries agreed on three core principles — agriculture, industrial tariffs and digital trade. He said they'd "get into the details at another time, but generally, Japanese is our third-largest agricultural market," importing about $14 billion worth of U.S. agriculture products.
President Trump says the two sides plan to finalize the trade agreement at the U.N. General Assembly in September.