Europe and Japan Near Trade Deal as U.S. Takes Protectionist Path - News Summed Up

Europe and Japan Near Trade Deal as U.S. Takes Protectionist Path


Any deal must still be ratified by national and some regional parliaments across the European Union and by the Japanese Legislature. A major trade deal between Canada and the European Union was almost derailed by a group of dairy farmers in the Wallonia region of Belgium. Mr. Trump has called for higher tariffs in a broad defense of American manufacturing jobs against low-cost imports. Nafta includes the United States, Canada and Mexico and is now the world’s largest free trade zone. The draft deal includes no such provision.


Source: New York Times June 23, 2017 17:31 UTC



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