E.U. to Outline Trade Deal With Japan on Eve of President’s Visit

In Economy On
- Updated

The European Union and Japan have signaled that they plan to announce a broad agreement on trade on Thursday, a pointed challenge to President Trump, who is scheduled to attend a meeting of world leaders in Germany the next day.

The timing of the announcement — on the eve of the Group of 20 summit meeting in Hamburg, Germany — was a clear reaction to the United States’ protectionist stance the last time the G-20 met. During a meeting in March of cabinet-level officials in Baden-Baden, Germany, Steven Mnuchin, the American Treasury secretary, refused to endorse a statement in favor of free trade.

By forging ahead with their own accord before the meeting with Mr. Trump and other heads of state, Europe and Japan threatened to isolate the United States in important industries like automobiles.

“Ambitious free and fair trade deal in the making,” Donald Tusk, the president of the European Union, tweeted on Monday.

Read full article

You may also read!

The Secrets of ‘Cognitive Super-Agers’

One of my greatest pleasures during the Covid-19 shutdowns

Read More...

Is Education No Longer the ‘Great Equalizer’?

There is an ongoing debate over what kind of

Read More...

Even the terrorist threat to the United States is now partisan

Hours after he announced his objection to forming a

Read More...

Mobile Sliding Menu