UK and Japan strike Britain’s first post-Brexit trade deal

Britain struck its first post-Brexit trade deal with Japan on Friday, hailing the agreement as a “historic moment”, just as it is struggling to clinch a deal with its closest trading partners in the European Union.

Britain said the deal, which had been agreed in principle, meant 99% of its exports to Japan would be tariff-free.

Digital and data provisions in the agreement went “far beyond” those in the EU’s trade deal with Japan, helping British fintech firms operating in the Asian country, it said.