Sunday 25 August 2019

Japan Backs US In China Trade War. Will Buy All Surplus U.S. Corn



Don Surber: Japan backs USA in Red China trade war

Japan just agreed to buy all our surplus corn. This is its way of backing us in our trade war with Red China.

TeleTrader reported, "The United States and Japan have agreed a tentative trade deal, President Donald Trump said on Sunday.

"Japan will buy excess US corn under the terms of the deal, according to Trump. However, Prime Minister Shinzo Abe said that some work on the agreement's wording and context still had to be done. Media reported that it could be signed at the United Nations General Assembly to be held next month."

Abe is a U.S. ally but he also is has diplomatic relations with Red China and Iran. He is one of the best players on the world stage.

He is backing the United States in general and President Donald John Trump in particular. Replacing Red China, in part, takes the farmers off President Trump's back with a re-election fight looming next year.

Read more ....

Update: Trump and Abe herald US-Japan deal in shadow of China trade war (Guardian/Reuters)

WNU Editor: I am sure this deal was made before this weekends G7 summit and the imposition of more Chinese tariffs. I also believe Japan is also not the only country that wants the U.S. to succeed against China. But being the world's third largest economy it has a lot of clout, and they have just helped President Trump with the farm vote in 2020.

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