Britain and Japan Sign Post-Brexit Trade Deal

10/23/2020

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BBC

Britain and Japan have formally signed a trade agreement, marking the UK’s first big post-Brexit deal.

The deal, unveiled last month, means nearly all its exports to Japan will be tariff free while removing British tariffs on Japanese cars by 2026.

UK International Trade Secretary Liz Truss called it a “ground-breaking, British-shaped deal”.

But critics have said it will boost UK GDP by only 0.07%, a fraction of the trade that could be lost with the EU.

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