Although details are still scant, it's good news that the United States and Japan have seemingly agreed to a limited bilateral trade deal that the U.S. trade representative said would open up $7 billion of new access to Japanese markets.
That would be good news for Minnesota's beleaguered farmers, among other export-oriented sectors.
The deal's specifics are sparse, but more may be revealed next week when President Donald Trump meets Japanese Prime Minister Shinzo Abe at the annual United Nations General Assembly.
"We're working on a very big deal with Japan, and we're very close to getting it," Trump told reporters as he met with Abe at last month's G-7 Summit in Biarritz, France. "It will be one of the biggest deals we've ever made with Japan," Trump added.
One of, perhaps. But a much bigger, and better, deal was negotiated in 2016 between the U.S., Japan and 10 other nations that would have provided extensive trade and geostrategic benefits: The proposed Trans-Pacific Partnership free-trade agreement.
But Trump demagogued the TPP in his campaign and canceled any U.S. involvement in the first week of his presidency. (Hillary Clinton, his 2016 opponent, opposed it too, after initially touting it to allies and the American people when she served as secretary of state.)
Jettisoning the pact hurt the leaders who lobbied for it — including Abe. The Japanese prime minister had spent considerable political capital getting concessions from key constituencies, including farmers, to get the Obama administration to agree to the accord.
That's no way to treat a friend.