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mfcorey1

(11,001 posts)
Tue Jul 17, 2018, 08:20 PM Jul 2018

Japan-EU trade deal 'light in darkness' amid Trump's protectionism

The EU and Japan say approval of the world’s largest bilateral free trade deal shines a “light in the darkness” of global political uncertainty.

Japan’s prime minister, Shinzo Abe, and the EU leaders Donald Tusk and Jean-Claude Juncker sought to establish themselves as the flag-bearers of the free world, in response to Donald Trump’s show of apparent solidarity with Vladimir Putin in Helsinki on Monday.

The leaders promoted the benefits of a free trade deal that is set to eliminate nearly all tariffs on products traded between Japan and the EU.

Tusk, the president of the European council and an outspoken critic of the Trump administration in recent months, was particularly keen to celebrate the shared values of the signatories, not only in terms of trade but also foreign policy.

Coming just 24 hours after Trump backed the Russian president over his own intelligence services at a summit in the Finnish capital, Tusk pointedly highlighted the continued support of Japan and the EU for the territorial integrity of Ukraine, whose Crimean peninsula was illegally annexed by Russia in 2014.

Tusk said Japan and the EU were firm in their support of the Iran nuclear deal, the joint comprehensive plan of action, which lifted economic sanctions on Iran in return for curbs on Tehran’s nuclear expansion. Trump reneged on the deal earlier this year.

https://www.theguardian.com/world/2018/jul/17/japan-eu-trade-deal-light-in-darkness-amid-trumps-protectionism

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