U.S. says Japan to buy $8 billion in American farm, food products

Japan will purchase $8 billion in U.S. farm and food goods, such as corn, soybeans, fertilizer and bioethanol, under a new trade deal, the White House said Wednesday.A day after the United States and Japan reached the agreement, the White House provided more details of its terms, stating that Washington's key ally will also increase purchases of U.S.-made commercial aircraft, including 100 Boeing planes, and defense equipment worth "additional billions of dollars annually."After rounds of negotiations, the deal, which sharply lowered U.S. tariffs on imported Japanese cars and other goods to…READ FULL ARTICLE