U.s.-Japan Digital Trade Agreement Text

12. General Note 4 (a) (k) in Schedule II of the trade agreement. ustr.gov/sites/default/files/files/agreements/japan/Annex_II_Tariffs_and_Tariff-Related_Provisions_of_the_United_States.pdf. In addition to the publication of the text of the two trade agreements and the office of the U.S. Trade Representative, Fact sheets containing additional details on aspects of the agreements were published: On October 10, 2019, U.S. Trade Representative Robert Lighthizer and Japan`s Ambassador to the United States, Shinsuke J. Sugiyama, signed the final text of the agreements, putting the two countries on track.7 Japan requested ratification by presenting the agreements of its bi-western legislative power, the National Diet. On November 19, 2019, the lower house of Parliament, the House of Representatives, voted on both agreements. On 4 December 2019, the Landtag approved the agreements after adoption by the Council, the House of Lords of the Landtag. In the absence of congressional approval in the United States, President Trump signed the agreements himself on December 26, 2019.

Both agreements came into force on January 1, 2020. In accordance with other bilateral free trade agreements, Schedule II of the trade agreement contains the rules of origin and origin to determine whether a product can benefit from preferential treatment. For the purposes of the trade agreement, a property originates in Japan if it meets one of the following criteria: US President Donald Trump signed a proclamation on December 26, 2019, in which he implemented two separate trade agreements with Japan (together the agreements). The U.S.-Japan trade agreement (trade agreement) will abolish or reduce tariffs on agricultural and industrial products and set preferential quotas for U.S. products. The Digital Trade Agreement between the United States and Japan is a separate agreement between the two countries, which will provide guidance for priority areas of digital trade. The agreements came into force on January 1, 2020 and are expected to serve as the basis for further negotiations for a broader free trade agreement between the United States and Japan2. This broader agreement aims to cover both tariff and non-tariff barriers, including tariffs and restrictions on trade in services and investment.