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Mexico, Japan Agree on Substance of Trade Deal

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From Associated Press

Mexico and Japan have agreed on the substance of a free-trade agreement, Mexico’s Economy Ministry said.

The deal is expected to create annual growth of 10.6% in Mexican exports to Japan and about 277,000 jobs over 10 years, the ministry said.

Under the deal, tariffs of 18% to 30% on certain Japanese imports would be eliminated.

From Associated Press

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