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The EU-Japan Trade Agreement Enters Into Force

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    The Economic Partnership Agreement (EPA) between the EU and Japan enters into force on 1 February 2019. It will create a free -trade zone that accounts for about 30% of world's Gross Domestic Product and nearly 40 % of Global Total Trade. Japan will scrapped customs duties on 94% of goods imported from EU, including 82% on agricultural and aquatic products.

    If tariffs between Japan and EU fall, American goods will become less competitive in relative terms. That's also a great chance.

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