Japanese automakers breathed a sigh of relief after U.S. President Donald Trump finalized a trade agreement last week. However, the relief is tempered by intensifying competition, especially from China,

I just signed the largest trade deal in history, I think maybe the largest deal in history, with Japan,” Trump boasted Tuesday. But a new report from The Financial Times demonstrates that U.S. and Japanese officials don’t see eye to eye on what exactly the countries agreed upon.