As the world sours on trade, the EU sweetens on it
Top of the agenda is a deal with Japan
WHAT a difference a few months makes. Barely half a year ago the European Union’s (EU’s) trade policy was a mess. A much-touted trade and investment partnership (TTIP) with the United States was on life support, trashed by NGOs and consumer groups, and disowned by some of the politicians who had asked for it in the first place. A deal with cuddly Canada (CETA) barely survived an encounter with a preening regional parliament in Belgium. Governments were scrapping over how to respond to state-subsidised Chinese steel, and Britain, among the club’s weightiest pro-trade voices, had voted to leave the EU, a decision made flesh by the government’s Article 50 letter this week.
This article appeared in the Europe section of the print edition under the headline “Pivot towards Tokyo”
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