TOKYO (Reuters) -Japan's leading trade negotiator said on Tuesday that the trade deal Tokyo agreed with the United States last week guarantees Japan will always receive the lowest tariff rate on chips and pharmaceuticals of all the pacts negotiated by Washington.

Japan said on Tuesday the trade agreement it struck with the U.S. cleared uncertainties on U.S. trade policies but continued attention needs to be given to risks of those policies putting downward pressure on the Japanese economy.

President Trump's trade strategy, marked by elevated tariffs, is yielding agreements with nations like the EU, Japan, and Vietnam. The EU accepted 15% US tariffs and committed to significant purchases and investments.

Several major camera brands call Japan home, with many of those companies also manufacturing photography gear in Japan. Canon, Fujifilm, Nikon, and Sigma all have significant manu

TOKYO -- Japan is working on a framework to monitor progress on implementing its tariff agreement with the U.S., as the Trump administration says it may raise tariffs again if it deems Tokyo has not made enough headway on purchasing and investment commitments.

Is this agreement truly in Japan's national interests? The governments of Japan and the United States have reached an accord amid U.S. President Donal

The 15% tariff would be lower than previously threatened, but it would remain a high duty on America’s largest trading partner.