all right, the u.s. keeps putting up trade barriers with key allies, just as the eu and japan sign a free trade deal affecting a third of the global economy. now, this deal eliminates tariffs on nearly all goods, european cheese and wine, cuts barriers for japanese cars and electronics. japan and the eu exchange about $150 billion in goods each year. the european council president calls this agreement the largest bilateral trade deal ever and says both the eu and japan stand together against protectionism. that s a stark contrast to the policies of president trump. the administration has hit america s biggest trading partners with tariffs and say more are on the way. both the eu and japan were affected by u.s. tariffs on foreign steel and aluminum. the eu retaliated with tariffs on classic american goods like blue jeans, motorcycles and denim. more concerns over president
cnn money now brought to you by laquinta inns and suites. book at lq.com and win at business. u.s. puts up trade barriers of key allies, the e.u. and japan signed a big free trade deal affecting 1/3 of the global economy. the deal eliminates tariffs on all goods like cheese and wines, cuts barriers for the cars. japan and the e.u. will exchange $150 billion a year. this is the largest bilateral trade deal ever and says both the e.u. and japan stand against each other and protectionism. he has not hit them with tariffs and says more are on the way. the e.u. retaliated with tariffs on classic american goods. new concern over president