US President Donald Trump said Washington and Tokyo had taken a major step towards sealing a comprehensive new trade deal, after a year of negotiations between the global economic powers.
Sitting next to Japanese Prime Minister Shinzo Abe, Trump said Wednesday the leaders "formally announce the first stage of a phenomenal new trade agreement," adding "this is a big chunk, but in the fairly near future we are going to have a lot more."
Trump said a trade agreement would be important to "reduce our chronic trade deficit."
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