Britain signed its first major post-Brexit trade deal with Japan amid struggles to agree on the terms of a new deal with the European Union. The deal with Japan means Britain will remove its tariffs on Japanese cars in stages zero in 2026 — the same as in the Japan-EU trade agreement. “This is the first new free trade deal to be agreed since the U.K. once again became an independent trading nation,” said British Trade Secretary Liz Truss. (Source: Reuters) Read the original story…
Todd Phillips is the editorial director of Universus Media Group Inc. and the editor of Canadian auto dealer magazine. Todd can be reached at tphillips@universusmedia.com.
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