Cheaper wine and cheese for Japan, cheaper cars for the EU – part of what the EU-Japan trade deal, now in force, means.
The world’s biggest such deal, it covers nearly a third of global GDP and 635 million people.
However there are warnings that the UK could lose its benefits if it leaves the EU without a deal.
It comes as a trade war rages between the US and China, who have slapped tariffs on each others’ products.
The EU’s Jean-Claude Juncker said the pact, which took years to agree, was about “values and principles”.
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