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2018-07-18

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International Relations
www.thehindu.com

Japan and the EU signed a sweeping free trade deal on Tuesday saying they were sending a “clear message” against protectionism, as Washington puts up barriers and threatens a trade war.

The deal signed in Tokyo is the largest ever negotiated by the EU and creates a massive free trade zone, eliminating tariffs for everything from Japanese cars to French cheese.

It also provides a stark counterpoint to U.S. President Donald Trump’s aggressive “America First” protectionism, which has seen Washington impose trade tariffs on allies and rivals alike.

“We are sending a clear message that we stand together against protectionism,” EU Council President Donald Tusk said

The agreement is expected to enter into force from 2019.

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