Trump Says U.S. And Japan Have Agreed 'In Principle' On Trade Deal

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Trump Says U.S. And Japan Have Agreed 'In Principle' On Trade Deal
​President Trump and Japanese Prime Minister Abe Shinzo met and came to the agreement at the G-7 summit in France.
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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.