This article discusses the trade agreement that is being voted on by the Japanese and British Parliaments. The deal would give businesses tariff-free trade on 99% of Japanese exports. This is important because England is struggling to make any trade deals with members of the European Union after Brexit. Brexit was the official move made by England to leave the EU and become independent in trade deals. From the British perspective, they are hoping that the deal will open up conversations with other countries, especially other counties in the Trans-Pacific Partnership.
Nancy Pelosi has said that if the deal is found to break international trade laws, it would effectively stop any negotiations that take place between the US and the UK in the future. This would be detrimental to the UK because a deal with the US would allow their economy to recover post-Brexit.
By: Rachel Maida
Article Link: https://www.cnbc.com/2020/09/11/uk-and-japan-agree-on-principle-to-free-trade-deal.html
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