[rrrod]

Whoa....

[Pearls Before Swine]

That sounds good. Why wouldn’t we be offered, and happy with, the same deal?

[butlerweave]

The EU will be the first to Cheat

[dfwgator]

What will Japan have to give up?

[Wuli]

They are not free trade deals; they are “protection racket” agreements, where what products and industries the EU is protecting is codified into its relations with the Japan (or whomever they make a trade agreement with) and vice-a-versa in terms of protected Japanese products and industries - outside of formal “tarriffs”. Don’t look for total trade between the EU and Japan to expand due to the agreement, as too much is protected on both sides, outside the formal system of tarrifs and other import duties.

[Berlin_Freeper]

Five things to know about Japan-EU Economic Partnership Agreement
https://asia.nikkei.com/Economy/Five-things-to-know-about-Japan-EU-Economic-Partnership-Agreement

[Rinnwald]

The pact, signed in Tokyo, covers a third of the global economy, the Associated Press reports.

That is such a stupid statement, with the intention of overstating the effect of this deal.

The total of EU and Japan combined may comprise a third of the world's overall economy, but trade between them is not one third of global trade. The "Five Things..." article someone posted even mentions that Japan is only EU's seventh largest export market. And tariffs on Japanese cars to EU will take eight years to go to 0%.