Japan projects 0.8 percent GDP growth from trade deal with the U.S.
The Japanese government claims a trade deal with the U.S. will increase Japan’s gross domestic production by 0.8 percent provided the U.S. does not boost tariffs on autos and auto parts, according to Japanese media reports. The government estimated GDP growth likely to stem from a U.S.-Japan deal by subtracting the estimated GDP growth connected to the 11-party Comprehensive and Progressive Agreement on Trans-Pacific Partnership from the estimated gains from TPP, which included the U.S., according to Japan’s Kyodo news...