The E.U.-Japan Trade Deal: What’s in It and Why It Matters<br />Prime Minister Shinzo Abe of Japan said the deal signified the creation of “the world’s largest free, advanced, industrialized economic zone.”<br />Here’s what you need to know about the deal:<br />The core of the agreement aims to increase the flow of Japanese cars to Europe and of European food to Japan.<br />Negotiators have refused to include whaling and logging in the talks, which has angered environmental groups<br />— Greenpeace has characterized the deal as “a huge transfer of power from people to big business.”<br />Ms. Malmstrom responded this week by saying organizations like Greenpeace would be opposed to “any<br />trade agreement,” ostensibly a criticism of the group’s stance against trade liberalization.<br />By JAMES KANTERJULY 6, 2017<br />BRUSSELS — The European Union and Japan announced a broad agreement on Thursday<br />that would lower barriers on virtually all the goods traded between them, a pointed challenge to President Trump on the eve of a summit meeting of world leaders in Germany.<br />Together, the European Union and Japan would constitute a trading bloc of a size to rival<br />that created by the North American Free Trade Agreement, presently the world’s biggest free trade zone (and one that Mr. Trump wants to renegotiate).
