The EU's Trade Deal with Japan: How They Reached a Deal & Was it Successful? - TLDR News

[@devanis]

It's funny how, when trade deals work, nobody talks about them. thanks for highlighting that one for us

[@kazedcat]

If trade deals are working that means people are busy making money instead of complaining about a non functional trade deal.

[@MsColl90]

kazedcat TM what you mean is the rich are busy making money. Deregulation, secret courts, no democratic accountability. Yeah it’s great.

[@kazedcat]

TT O'Keefe There is no way for you to make more money if no one can afford your product or service. A sign of a non functional trade deal is when you end up with less customers.

[@originalbadboy32]

That's because it hasn't worked ... It got messed up by cheese

[@sandall7398]

@@MsColl90 Deregulation was created by Margaret Thatcher (UK) and Ronald Reagan (US). Whilst the UK was in the EU, all trade agreements had to be agreed by the European Parliament (elected members MEPs) and the Council of Ministers (leaders of all EU members) Every country has a veto of the deal. If even one country is not happy, the trade deal does not come into effect. The agreement could also be brought to the Westminster Parliament if the UK Government wishes. They didn't. The new deals being set up by the UK Government will not be discussed in the UK Parliament. The Conservatives in Westminster voted by their very big majority, to keep trade agreements secret and it is now against the law, to bring the agreements before Parliament.

[@mariosgaroufalis4639]

It's great seeing eu and Japan working together more

[@资深老司机-u1r]

The logo of Japan's foreign ministry is just so cyberpunk

[@5ynthesizerpatel]

looks more Star Warsy to me - but that's cool with me

[@0MVR_0]

The symbols uses KanJi rounded to fit a Japanese Mon [emblem].

[@HasekuraIsuna]

@@0MVR_0 What kanji is it supposed to be? 外? Cause it looks more like 夕ら to me lol

[@0MVR_0]

@@HasekuraIsuna Doubt that an official government seal would ever use HiraGana, yet the jest is understandable.

[@piotrwojdelko1150]

defeniively good idea ,becase they represent two different world's ,food ,ideas.Japan may be reluctant with the closer agreement with USA Because of history.

[@christoforospaphitis4090]

Both EU and Japan can benefit immensely by relaxing trade regulations between them. Japan is well known for their extremely high quality goods with expertise across the board. EU has very high quality agricultural products and general services. Both are big markets and both need to find ways to become less dependent from Chinese manufacturing

[@christoforospaphitis4090]

@Afix True but Japan is also very advanced and some fields perhaps even more advanced than Europe..

[@infanos3720]

@@christoforospaphitis4090 true but Japan is going to colapse (if the new programs don't work wich they don't look like that do) and Europe is not. So big success!

[@Leptospirosi]

As far as production of goods are involved, Japan is collapsing more and more into itself, with many onec worldwide companies producing just for the internal market. This in the long term is very dangerous and encouraging the Japanese factories to look abroad onec more is paramount for a stagnant economy like. Europe could also benefit a lot exporting high quality goods into a receptive market.

[@kawaiiboshi]

@@christoforospaphitis4090 Seems that both should appreciate this more. La France et l'Allemagne pourraient en profiter pour des échanges des idées sur les technologies qui utilisent ils des sources renouvelables, ou pour la digitalisation, et le Japon pourrais exporter ses biens alimentaires particuliers et renoncer aux produits plus générales qui pourraient être produits par l'Ue, par exemple les pommes, réduire les coûts aussi vont-ils pas se mourir de faim, et par échange les japonais pourraient-produir plus gens brillantes avec compétences dans les inventions, il faudrait encorager le Japon à sortir de sa dètte, donc des envestisseurs européens sont ils fondamentaux. Comment commercer avec le Japon sans comprendre ses exigences et besoins ? C'est nécessaire donc de ne laisser ce précieux allié à la mercé de la Chine, ou des coupes par les Etats Unis.

[@kvuurtje]

Since the EU exports of goods to South Korea increased by 77% from 2010 to 2018, I would love to know the history behind that trade partnership and what it still holds in store.

[@Lord_Imrahil]

Not just a trade agreement, but I would like to see a video on EU-Switzerland agreements, especially the current negotiation about a framework agreement for future negotiations.

[@JamesStuartVI]

I agree!

[@Mr.MarcusMario]

Let's get the Netherlands have the same position.

[@diablo5028]

Europe and Japan are both friendly and big economy’s. Look at the agreements how wholesome to see the beautiful economic relation 👍🏼

[@adrikhankant6170]

This is an amazing move made in Europe, proving Europe can reach agreement with Japan means is not Europe's fault the lack of an agreement with UK

[@adrikhankant6170]

@Galactic Minds the people betting against the pound are laughing less than 1 euro, enjoy your self destruction, even EEUU denies you to carry on with their deal if BoJo carries on breaking international law....

[@MrKarlyboy]

I doubt you were ever see any fault in the EU reading your comment. You are aware the EU messed up the US negotiations, they Mercousur agreement is looking highly unlikely with lots of objections. Also you seem unable to differentiate between EU and Europe. EU is not Europe. Europe is twice as big. EU is political body. Europe existing millions of years before the EU, like the UK did. As for non-agreement, name one area where the EU has actually negotiated so far in 4 years? The WA is just one big reuse to stop the UK leaving, its also been breached multiple times by the EU. You can go into denial but it is true. The EU is frightened of an independent full sovereign UK which is why the EU keeps playing the games they do. P*ss off your best export customer nearest in Europe and don't be surprised if there is a no deal. Also note the UK's trade with Japan supercedes the EU deal done in 4 months and increased by 15 billion and further increases likely. As for Japan deal explain how car manufacturers are going to benefit? because it means Japan can essentially do everything there and not need anything for the EU. Expect a lot of factories to close and job losses.

[@adrikhankant6170]

@@MrKarlyboy I see many faults in Europe, but if you wnt to improve something is easier if you are part of it. We compete with large countries as China, Russia, India we must be together or risk to be puppets of this new order. Far away are the times where countries as UK or Spain could be an empire.

[@adrikhankant6170]

@WhyMe my comment is 8 months old, mate

[@adrikhankant6170]

@WhyMe no, it was on point when I wrote it. I think you are just a butthurt brexiteer, bitter even when you win

[@hoi4noob765]

Finally I can get my Hentai pullovers without Tarifs

[@HasekuraIsuna]

Amen to that!

[@NefashusLP]

Legit question: Really? I mean wont customs still ask for a %, or do items from Japan go through now without paying additional tax? Asking for a friend..

[@HasekuraIsuna]

@@NefashusLP Textile & Clothing is listed as an industry to benefit from the deal in official documents, but I'll have to dig deeper to find the actual tariff and if that has changed.

[@kgw72]

And dakimakuras ;) :D

[@letspetpuppies]

You are apparently confusing the 20% import VAT tax (that applies to ALL goods imported within the EU from any country outside the EU) and the duties tariffs that are levered on goods essentially imported via trade / commercial procedures by a company.

[@mysusume]

Thank you for making this very well researched video. I'm a PhD student in Japan and I'm researching regulatory cooperation through free trade agreements. For my research I have interviewed officials on both EU and Japanese side and they both agree that the EPA reached a high level of cooperation. There are some clauses in the EPA that leave room for future deeper cooperation in areas like data protection, AI, automotive etc. so the cooperation might increase in the future. I have some videos on PhD life in Japan, should you be interested. Anyway, great job (as always)!

[@MrWalker1000]

What's it like to be in Japan?

[@mysusume]

@@MrWalker1000 Thanks for asking. That's a very broad question. Hmm, in general it's very nice. When I first came to Japan about 6 years ago, it was quite difficult because I didn't speak the language. Now I've studied and worked here, I understand the culture and speak the language so it's much more comfortable. The food is amazing, people are friendly in general and keep to themselves, it's safe and most people are extremely hard working. It's difficult to describe my experience in a few sentences so let me know if there is a specific issue or topic you'd like to know more about.

[@mysusume]

@Afix I think it was worse before especially when they were rebuilding Japan after the war. Japan doesn't have any natural resources so they need to rely heavily on human capital. Back then they described the work week as 月月火水木金金（げつげつかすいもくきんきん) which means 'Monday,Monday, Tuesday, Wednesday, Thursday, Friday, Friday', since everyday was a work day. Things are slightly better, but I still know many people who work 60+ hours a week. I used to work as a recruitment consultant and interviewed many Japanese working people and not many had a 40 hour week. Even I myself was working 50+ hours. There are more labour laws in place to keep people from working themselves to death (karoshi), but it's only for the severe cases. It also really depends on the company itself. There are black and white companies, as they call them in Japan. White companies have good working hours and are flexible, black companies have a lot of overtime and sometimes weekend work. So in general, working hours are slightly decreasing but Japanese still have the highest work ethic I've ever seen and you kind of get sucked in the system.

[@kenneth.dl87]

I'm really poud of the fact that they included provisions for the paris agreement. I'm curious how they will imlement it though

[@moweednarr]

I really liked the part too, only to be then followed by "frozen beef export tripled!!!". Yay....

[@tudormardare66]

In the end, we should just plan for climate change. We should build big dams to protect ourselves from uragans and other natural disasters caused by climate change, particularly rise in sea levels. If the US will ignore climate change, it will be left behind by the EU and Japan which will have preventive measures, and also by Canada and Russia, who will open new ports in the Arctic, and also start drilling for oil and gas in their exclusive economic zones (seems Russia will get the lion's share, as they have an entire Arctic army, and invested early on in nuclear-powered icebreakers).

[@idomaghic]

I'm guessing the intended mechanics of the provision is mostly to ensure that neither party "undercuts" the other party in terms of production costs by blatantly neglecting environmental concerns and sticking to unsustainable and dirty production methods. Basically it's actually mostly part of ensuring a "fair market" as sentiment in the EU is in favor of regulating and striving towards a more environmentally sustainable society, which could in turn be a competitive disadvantage in international trade due to increased costs. In any case, I too approve of the inclusion of the provision, and I think it's quite ingenious in its simplicity and potential effect.

[@Croz89]

@@moweednarr To be fair, it's probably better from an environmental perspective than corn fed feedlot beef from somewhere like the US. The EU (particularly Western Europe) has quite a lot of otherwise unproductive grassland where ruminant grazing and farmed meadows are pretty much the only economic use for it. While they are often grain finished before slaughter to fatten them up, most of their diet is grass or silage.

[@doktorcool3740]

Imagine how negotiations with countries will go whose explicit policy it is to destroy the environment and who, instead of increasing their efforts towards helping the environment, actively undo previous policies to prevent damage. I'm looking at you, Brazil, but you're not the only one. I see first-world countries doing this as well...

[@Roky1989]

Wait a minute... wasn't the EU really bad at making trade deals and stiffeling free trading? Brexiters will melt from anger.

[@MrJaaaaake]

EU is. I live in Canada. I will order online from anywhere in the world excluding EU countries. Shit is retardedly expensive.

[@stormtruppen4039]

@@MrJaaaaake yeah order your stuff from china. Bcz you can't afford quality items 😂😂😂 🔥🔥🔥

[@cswizzle1890]

@@stormtruppen4039Maybe if you stop over pricing maybe we wouldn't buy more shit from china.

[@jameslegrand848]

@@cswizzle1890 generally it's overpriced because, either, its made in the EU so its quality goods. Or it's cheap and your being scammed cause "Its European so it must be good" huge difference.

[@spiritualanarchist8162]

@@MrJaaaaake I'm curious , are E.U goods things more expensive then the same goods from say Canadian or U.S prices,? Or more or less similar ?

[@ButchE30M3S14]

Never knew trade deals where this simple! Said no sane person ever.

[@Imabloodyhuman]

Apparently we would have lots of trade deals straight after Brexit. Didn't those on the Remain side say it would be difficult to get any trade deals? BTW, your English is fine. I think someone has a problem reading.........

[@ott1186]

@@Imabloodyhuman You really can't see were the mistake is?

[@procrapro]

Please cover the deal between EU and Mercosur, that could be a huge one

[@benhammett1189]

I mean I think that Japanese goods are pretty trust worthy and it's a wonderful country, so I wouldn't say why the trade deal shouldn't be deepened ( contrast to ttip where standards weren't at least somewhat equal)

[@RafaelW8]

Agreed! I Love japan and EU!

[@JohnathanRHill]

I am curious as to how these trade deals are seen in Japan, given its protectionist history is their much resistance to the idea of Japan becoming a global champion of free trade?

[@McMikeful]

I am living here in japan and they love stuff from abroad it’s just hard to get by because most are in the bigger citys bit because japan also export intelligence it’s trying hard to get japanese to learn English

[@franznarf]

Abe Japan is so

[@ls200076]

@@McMikeful But bruv, you're from lower Germany.

[@McMikeful]

elektron117 well looks like you didn’t attend your geography lessons. Maybe watch some KZbin videos on it bruv

[@JoniWan77]

@@McMikeful What do you mean? Everyobody knows Austria is the southern part of Großdeutschland. /s

[@andreimircea2254]

How about the 🇪🇺-🇺🇦/🇲🇩/🇬🇪 trade deal.

[@attq3980]

Learn 日本語

[@hoi4noob765]

Eu-Ukraine would be great

[@TremereTT]

These countries have deals. And at least a Ukraine deal was in midst of negotiation. Saidly The EU is very disappointed to have a allowed countries in that later went outside of EU requirements in terms of Democratic standards, rule of law and indipendence of justice. And three of these derailed countries were Eastern European. So the EU is out of trust towards Eastern Europe now. Economic ties are in both EU and Ukraine interrests. But the believe that a close connection would stabilize democracy in Eastern Europe is shattered. It might be an upside that Ukraine basically lost to Russia, so there is not much of the need to please Russia or antagonise Russia in politics. So internal growth policies and support for rule of law might be actually driven forward. The Russian occupied area is a lost cause. Should Ukraine get that terrotory back it will get bancrupt rebuilding it. And new(or returning) voters and politicians would disrupt the Ukraines political system. I would write these people off as losses. I they want democracy the should take it to Putin. Georgia is under massive threat by Russia. It's kind of a Wartime democracy... so there is not much democracy as the only options are strongmen. Economic ties would be viable but I don't know how independent the justice system is to make it possible. Without guaranteed fair chances in courts trade is very diffiicult. I know that the USA would appreciate to have the EU open a stream for trade with Georgia, as it was very loyal to the USA in the illegal invasion of Iraq. I'm not realy sure if it's a legitimatly possible. Moldavia, as far as I know is/was basically a Mob and Russia controlled wildwest state. Did that change? All in all even if one of these deals would be legit. Russia will do everything to kill them off. Russia considers these countries as it's sphere of influence. And the question is would free trade deals with these countries outweigh the costs of an increased sanction regime in Russia for the EU. Would this tradedeals with the EU outweigh the costs of war and intellegince operations of russia against these countries?

[@andreimircea2254]

@Spcki de Spock Spock ; same, I want a video explaining those deals in more detail!

[@mihaivlad1905]

I just wish Moldova and Romania would be united. Both would benefit. We could also solve the problem of nationality by being a Federal state. People from both countries deserve better=))))

[@istvantordai2410]

A video on the MERCOSUR-EU trade deal would be very much appreciated.

[@ultracapitalistutopia3550]

As a foreigner living in Japan, I can testify that no matter how mundane (e.g. apple and orange), fruits sold in Japan are awfully expensive from both domestic farmers and foreign importers. Japanese generally don't see fruit as a necessity in diet (and there is a strong causation with Japan's high life expectancy), but more like luxuries like fine wine.

[@DaDunge]

Are you saying no eating fruit is why the japanese live long lives?

[@HasekuraIsuna]

But Japanese apples are like, super tasty. Don't know about imported ones, but I'm not buying that if I don't have to.

[@ultracapitalistutopia3550]

@@DaDunge Correct. They see fruit as a very special treat only eaten occasionally. As such the macronutrients of fruits contribute very little to their health. Modern fruits are selectively bred for very high fructose content, Japanese domestic fruits like apple, tangerine, grape, etc. are no exception. Recent studies suggest the lower sugar intake, the healthier you are. It's also worth noting that Japanese do eat their veggies and those are sold at affordable prices than the fruits.

​@@ultracapitalistutopia3550 correlation doesn't mean causation. their long life expentancy could perfectly be a cause of many other factors, such a good diet in general , like a lot of fish and veggies, and no so much processed and fatty food

[@ultracapitalistutopia3550]

@ I am fully aware of the correlation and causation fallacy, but my point is it would be more problematic to attribute Japanese's health to "regular fruit consumption" when in reality they don't eat fruits that regularly.

[@yvettecarol5001]

The EU-CARIFORUM trade agreement would be an interesting one to cover, especially given its origins (along with attempted EPAs between the EU and other ACP regions) and the ever repeating EC-Bananas dispute.

[@kgw72]

Please talk about the EU - Vietnam deal. I've understood it as a way of forging an "anti-China" front (in a sense).

[@AwHellNahhh]

Now we can finally buy anime figures without getting wrecked by import fees!

[@CoffemonTV]

And body pillows!

[@NefashusLP]

Legit question: Really? I mean wont customs still ask for a %, or do items from Japan go through now without paying additional tax? Asking for a friend..

[@blackappleslo]

Nefashus well it’s a free trade agreement. So no there aren’t any additional fees.

[@letspetpuppies]

You are apparently confusing the 20% import VAT tax (that applies to ALL goods imported within the EU from any country outside the EU) and the duties tariffs that are levered on goods essentially imported via trade / commercial procedures by a company. Those are two different taxations. The EU-Japan free trade agreement only applies to the tariff duties (under extremely very specific conditions, and when goods are imported via trade procedure dealing with customs import declarations etc…) and not to the import VAT tax.

[@geraldmaxwell3277]

The Mexico-EU FTA would be an interesting one to explore.For some reason, despite there being a trade agreement between the two, Mexico still does 80 percent of its exports with the US and Canada. One would think given the same products in demand in Europe are also made in Mexico, there would be substantial trade between the two.

[@MK-xc9to]

Maybe the access to a Trade Network of 70 + Countrys with an FTA to 27 direct in front of the UK Nose was worth the about 8 Billion Fee for the EU .... Not only that the EU is UKs ( by far ) biggest Trade Partner , over the Trade Agrements of the EU the UK exports , too . UKs Trade Talks dont went as well and as fast as Uks Goverment promised . Not only to mention the " Oven ready " EU Deal of BoJo , the US Trade Deal ( delayed to 2021 ) , or the Japanese Trade Deal . In 2016 Brexeteers promised the next day as the UK leave the EU all Trade Agreements would have been replaced with new / better ones . The UK is out since 02/2020 = 6 Months , where are theese Trade Deals ??

[@ayanbiswas7623]

Plz continue with this series...its really helpful

[@0xCAFEF00D]

I appreciate the list of sources. Thank you for doing that.

[@MustafaKulle]

Thank you for covering this. It's nice to see countries getting along together.

[@j.obrien4990]

meanwhile I'm getting stupid thumbnails explaining why Boris is outwitting the EU. Seems to me like a bit of gas lighting.

[@petersebok9284]

For Stilton cheese

[@j.obrien4990]

@@petersebok9284 Never heard of it, must not have it in this hemisphere. Any good?

[@Kelkschiz]

The trade deal issues between the EU and Brazil are quite interesting

[@jjoriordan2670]

How did the EU take so long to negotiate a trade deal with Japan? Just wait until Boris gets going with his trade deals. They promised that they'll have them done the morning after the Brexit vote. When is that referendum happening anyway? I've not heard much about it.

[@ervie60]

LOL sure like his ovenready EU deal..NOT! Other snag is now some want to go back on the WA! Great way to ensure trust in any treaty the UK signs....again NOT!

[@BewareOfTheKraut]

@Unknown The answer is simple: Long term side effects of BSE combined with fluoridated tap water.

[@Peter-je6td]

@Unknown don't you mean country that's the end goal right

[@cornovii3012]

Please post a link to where it says all trade deals will be done the morning after the Brexit vote please.

[@jayc342009]

@Unknown No on here thinks that, but calling the UK a "small and lonely island" is exactly the reason people in the UK voted to leave the EU, your arrogance towards us. We trade a lot with the EU, especially Germany so we both have a lot to lose.

[@MrsKoldun]

A video on EU-China deals would be interesting!

[@gchelem]

A trade deal between 2 entities with respect at heart, respect between each other and for the environment. Let's see how the US will treat the UK.

[@Ovidiu_I.]

@Marcus - The import tariffs US->EU actually range from 10-22% depending on the type of vehicle, plus the added value tax(VAT), equivallent of the US sales tax, which we pay for basically anything we buy. And the US has 2,5% for EU imports, plus sales tax, but most cars are actually manufactured or assembled in each other's countr(y)ies to avoid said tax.

[@NLJeffEU]

@Marcus - not true. We only put import tarrifs on cars that dont have the same standards. That the US doesnt care about standards is not our fault. American cars with the same tarrifs are sold everywhere and are doing well. Ford fiesta or focus are in the top 3 of most sold cars in the Netherlands.

[@peterebel7899]

@Marcus - HaHa, 0% tariffs on EU cars. i.e. all pickups are falling under "agricultural products" and so 25% tariffs are charged. So these million selleing vehicles are US manufactured only, better selling than any car. Fact.

[@peterebel7899]

@Marcus - Just take the facts - and enjoy.

[@NLJeffEU]

@Marcus - legit no 1 gives a fuck about the vw "scandle" 😂 still the best cars. And i dont know specific standards that are and aren't allowed.

[@sakados6233]

This was an excellent video but i suggest to make the eu figure shaped like eu’s map

[@Loztown]

As a UK Citizen, this makes me so sad. We all know the Brexit story, but nobody knew what it would cost. As a UK-EU Citizen, trading with Japan would have opened a lot of doors for me. Especially when it comes to my hobby of restoring a Japanese car. But alas, another nail in the coffin!

[@hansmeyer7225]

Interesting how British people are interested in trade deals of the European Union 🇪🇺 We Europeans instead don’t care much. We just have them 😊

[@AaronOkeanos]

Rubbish. The EU constantly have trade deals in the working. The most recent one is the one with Vietnam just 2 weeks ago. Than there is the 8th or 9th round of negotiations with Australia and the same with New Zealand. And I think some Africa and South-America is also on the menu. And who knows maybe with Biden in charge, a new attitude and some extreme adjustments, more alignment and regulation and concessions of the US the EU may put TTIP back on the table.

[@hansmeyer7225]

ML8593wy And we are happy with it 😉

[@gerhardswihla1099]

I do care about our trade deals. If there is a eaven playfield and member states parlaments can see into them in detail I don't care so much. But I was against TTIP because 40% to 50% of the documentation for MP's where blackned. I voted for the German parlament but how can a parlament make a reasonable decision when it is cut off a bunch of informations?

[@Androslop]

Trade deals with China and trade with countries who have no trade deal would be interesting.

[@planexto9554]

This has probably gone over people’s heads but at 11:12, look at the news article’s title and you’ll see a typo.

[@felipejnnt]

Please make a video about the EU-Mercosur trade deal

[@Baslium]

The deal doesn't come without flaw. For example, the Nissan car plant may close in Spain because with no tariff between EU Japan, it more productive in JP. However, on the other side, the EU can gain more from other areas in this deal. Even with high tariff and regulation before the deal, the EU still can export far more goods to Japan, imagine what they can profit with no tariff.

[@Vryaer]

I would have liked to see more of the numbers. Especially in GDP growth terms.

[@lightningzeus1]

Great video TLDR EU! Would you do a video on the EU and Indian trade deal? Would you also add sources for your quotes on your slides?

[@skydragon5555]

6:30 aren't the Euros wrong? I always write the € symbol after the number. 13.2B€ for example.

[@Quimperesque]

You can do both, I usually put it in front :-)

[@langwasserkids]

Excactly!

[@kgw72]

Yeah, it's wrong (for euros and yen). Just British and Americans do that.

[@orderofazarath7609]

Why hasn't "Mutual Recognition" been discussed for Brexit? Ah, right, because Britain doesn't want to recognise and keep up with new EU standards and wants to undercut the EU market with sub-standard products ò.ó

[@512TheWolf512]

Nah. They'll never relocate factories back into britain

[@orderofazarath7609]

@@captcrunch7961 I thought your country got thatchered into oblivion. An earlier tldr explained how UK does not want to keep up with future EU updates on economic and worker rights requirements for EU market products. UK wants to live by their own rules. But so does EU and a third party country will not flood the market with products not abiding to EU standards. That seems to be a big point with Boris still demanding that and EU not budging. The UK position is still very surreal. Those standards are in place to prevent a race to the bottom for bigger market share, but UK wants to participate without abiding. Like the EU should get a minimum wage but let in UK competition which goes below that. Why does UK think EU wants to become their economic colony?

[@orderofazarath7609]

@@captcrunch7961 Prison slave workers at gunpoint are best for business then.

[@mikeblatzheim2797]

@@captcrunch7961 'The British gave them standards' Which is of course why the majority of ISO standards are taken directly from the German DIN norms. You know that A4 paper you write on? The norm for defining it is ISO 216, identical to DIN 476. It's name in full would be DIN A4 (Deutsches Institut für Normung A4), which frankly doesn't sound very British to me.

[@Kharmazov]

A video on other trading blocks in the world modeled after the EU would be nice.

[@AaronOkeanos]

The differences would be more interesting because I noticed there are other trade blocks, but I noticed they look more like a perversion of the EU with one top country and all others are salves. But I'm willing to change my mind, so maybe TLDR can me help to change my mind. I'm especially interested in the rights of the weakest members and what they gain from it (or not).

[@kazedcat]

@@AaronOkeanos ASEAN is a trading bloc.

[@alessialussiana1117]

Please make a video about EU-Switzerland trade deal

[@augustine.o6190]

Switzerland is already part of the EU single market, custom Union ecc. That's a trade deal.

[@meticulousgeek]

this agreement is great. I was finally able to buy a Japanese car for a normal price.

[@MrWalker1000]

It really went into effect in real world? You got a Japanese car cheaper than before

[@meticulousgeek]

@@MrWalker1000 It's not that Japanese cars were unaffordable but the agreement has made a change in the order of 1000's of euros (depending on the price of the car of course) on the purchase price.

[@MrWalker1000]

@@meticulousgeek so Japanese cars in Europe are now 1000s euros cheaper, p

[@meticulousgeek]

@@MrWalker1000 Yes. If you buy a car around 30k it would be 33k before, Tariffs around 10% which are directly calculated to the consumer are now gone.

[@SH-rp1ft]

Now I can get my German beer to Japan for a reasonable price :D

[@robertosvrahimis3304]

I think Canada is next, especially because the UK was discussing a Canada ++ deal and it would be nice to know what these ++ stand for

[@vitas75]

Its not ++, more like +++++++++++++++++++++++++++++. The +es never end.

[@benjaminvazquez1243]

Yes, please. I would love to see the Canada-EU deal covered.

[@Supermariocrosser]

If Japan joins the EU, we will see this in a ceremony:

[@vertdragoon]

Please cover the new EU-Vietnam agreement

[@hagalathekido]

this chanel is actually really inspiring and makes me feel like were making more progress than i would think otherwise

[@Schlesch]

It's nice that we strive to increase trade with likeminded countries. In opposite I think we should aim to loosen our ties to countries that work against our values of democracy, free speech etc. like China.

[@evaldaszmitra7322]

The only major thing left out is the free movement of people. Maybe it would be beneficial for companies to make employment easier, set up foreign offices easier etc. However, we need to find out what the public opinion is, before considering it.

[@markrichley4075]

I’ve been following this deal for a few years, and yet cheese and European wine are still the same price here in Tokyo as they were a decade ago.

[@babaroaboltazor5962]

The companies selling the wine and cheese may be the winers (more profit margins) while the price is the same for customers. I don't know

[@AaronOkeanos]

Maybe the fact that it's on the opposit side of the planet has something to do with it. And that's it's rather new it take a while before investors and bussiness owner re-arrange everything. And it's barely active for a year (Feb-1 2019)

[@dogcarman]

God how I love when foreign policy is this boring. No drama, everyone getting a better life. Just wonderful, everyday life. ❤️

[@elwoodzmake]

Japan is a rich country, like Scandinavians , opening up trade can only be positive the EU and Japan needed to open up more decades ago.

[@braselini7183]

Love this video, more like this pls

[@fdivito12]

I would love to see this about EU - MercoSul

[@Redmango69]

When one island monarchy goes, another one comes lol

[@ghlscitel6714]

We are working hard here to add more items in the trade negotiations with Japan, especially in the field of high tech.

[@AaronOkeanos]

The question is if UK at the end of the negotiations has a better deal than now still with EU's Japan Free Trade Deal. And I can't wait for a TLDR follow-up comparing the EU-Japan Trade Deal and the UK-Japan directly and showing us how benefitial being outside the EU really is. But let's wait for the UK deal to come to pass.

[@VolkerHett]

Now I know why nobody of the Norway+++, Canada+++, whatever+++ brigade ever mentioned a Japan+++ deal.

[@sangwaraumo]

I wish the EU would revise some of its trade policy so it would be more in line with this deal with Japan. Lowering tariffs should always be accompanied with commitments to guarantee worker rights are protected and races to the bottom are avoided. This could be a force for good especially in developing countries that currently compete against each other for the lowest wages.

[@idems75]

EU offer tariff free import to the poorest country in the world even if the reciproque is not true Could be quite unique type of trade deal

[@AaronOkeanos]

The EU have this special condition called "Anything but arms"-agreement only for the 50 poorest countries on the world to give them a chance to survive. It's much better than sending millions of state aid which ends up in warmongers pockets.

[@idems75]

​@@AaronOkeanos​ i know its why it would be a good subject

[@jrdemr]

So, wait, does this mean that now I can just order whatever from Japan and not pay customs?

[@C0RYN4T0R]

I hate being British and seeing such amazing trade deals being signed by two global economic powerhouses 🤯

[@MrJaaaaake]

Before joining the EEC/EU England was an economic powerhouse. Joining the European Union had actually stifled England's growth.

[@Imabloodyhuman]

@@MrJaaaaake Please supply evidence.

[@C0RYN4T0R]

MrJaaaaake Maybe when we owned colonies were we an morally devoid economic powerhouse? We don’t have colonies anymore, we joined the EEC in 1973 because we were lagging behind our French and West German allies...

[@C0RYN4T0R]

Marcus - Hmmm, I do worry about that trade deal too, the Japanese will know we are DESPERATE for trade deals which gives us a weak negotiating hand

[@C0RYN4T0R]

Marcus - Regulation and protectionism does have its place though, for instance I trust the safety and food standards of EU chocolate far more than I would the quality of African chocolate. Same goes for EU versus American chicken. Chocolate is an affordable commodity, so I don’t particularly care for ‘cheaper chocolate’.

[@sallmandar1027]

EU and Japan working toghether... Hey I've seen this one its a classic

[@TheJlook2000]

It would be good to do a premier league table of trade deals - the closer to a deal the higher it goes up the table and vice versa

[@roybakker1973]

What would be interesting is to make a video between the differences between Japan and EU and Japan and UK agreements and see who did best.

[@duhni4551]

UK doesn't have the deal, so i guess UK did worse.

[@roybakker1973]

@@duhni4551 when and if the deal makes it....

[@duhni4551]

@@roybakker1973 Well, the things is with the EU - Japan deal that if either party makes more favorable trade deal with anyone, they have to extent those conditions to the existing trade deal, this literally means that EU - Japan trade deal is as good as it can ever get and no one is able to get better deal with either of them, at most they can achieve as good deal though.

[@LetsTakeWalk]

That is another agreement the UK isn’t getting anything from.

[@altrag]

Don't worry, the UK is free to make their own deals. And they'll be much better deals because of all the extra economic leverage they have now that they're 1/10th the size of their ex-partners!

[@kateford3853]

Thanks your the best ♥️👀🌍

[@jannetteberends8730]

I would like a video about the treaty with Vietnam. Because it’s communistic and the deal had some terms about endangered species, I think.oh, and I liked this one very much.

[@stielimusterman3066]

I don‘t know if I like this, protectionism of course has its bad sides, but Japan is one of the few economically important countries that hasn‘t lost its identity due to globalization. Japan should be very careful when making deals with the EU. The EU is far from what it pretends to be...

[@AaronOkeanos]

Japan is not joining the EU or the Single Market it's just a trade deal. And they took 7 years and potential decades before that of consideration. I'm pretty sure than are serious about it. And the problem for Japan is, it needs to expand need new markets or better conditions. Japan is stagnating and ageing. This deal might give some new impulses without losing their idenitity and it allows them to keep jobs at home instead of building factories in other trade zones (the EU for example) to avoid tariffs.

[@altrag]

Japan already lost its identity 170 years ago when the Americans forced them to start westernizing at cannon-point. Then they lost their identity again 70 years ago after the Americans flattened their country and rebuilt it under the Marshall plan. And they lost their identity several times before that (sometimes at swordpoint, sometimes voluntarily when some emperor or other got a bad case of reverse-weeb over something) during the course of thousands of years of interactions with China and Korea. Japan has a long history of losing and rebuilding their identity while still remaining undeniably Japanese. A slightly lower price on cheese isn't going to break them.

[@p.b4287]

@@altrag Why so much obsession with mixing up trade and identity? Real identity survives through centuries of invasions, migrations or wars. All it takes is to keep it alive within each family.

[@altrag]

@@p.b4287 Because trade brings culture changes and culture is what we usually use to define "identity." Do you think a modern day 3-piece-suit salaryman has more in common with a 16th century samurai or with a 20th century American businessman? There is no such thing as "real identity." Culture simply changes over time, just as language does and pretty much everything else does. Trade just happens to be one of the biggest drivers of that change (especially when it comes right after destroying the existing cultural centers of the country.) It tends to also be one of the most noticeable since trade tends to cause a sudden and dramatic shift (introduction and mixing of an entirely different culture) rather than slow evolution which is more typical when its left to change on its own.

[@waisinglee1509]

Not sure if anyone else caught this but it is "deflation", not "delation" at around the 5:00 mark.

[@betelgeuser1100]

Rejecting Protectionism coming from the EU is rich..

[@gabrielebellucci2476]

Do the EU-Mercosur deal that's full of interesting and problematic aspects

[@Revaivel]

8:27 You translated billion using the american standard instead of the european one. Million > milliard > billion vs. US million > billion > trillion

[@HeadsFullOfEyeballs]

Nah, in modern English no-one says "milliard" anymore -- it's "billion" everywhere, including the UK. So it's not a US vs. Europe thing, it's an English vs. other European languages thing.

[@Revaivel]

@@HeadsFullOfEyeballs in that case the correct number would be trillion, thats my point. Up until here he talks about 300 billion from europe, being in a 1 billion trade sphere. Its 300 billion in 1 trillion in that case. I dont mean one or the other is wrong, but he translated one number differently from the others, which makes it incorrect and confusing

[@michaelgreen1515]

Compare and contrast the EU and UK deals with Liechtenstein .

[@nicolavictor6437]

Please, cover the EU-Mercosul deal!

[@Babel2.0]

This will mean increase traffic in Canada's Northwest Passage that should be well serviced..

[@dariusgunter5344]

I think it should depen into a political partnership as well, the foundation of a democratic trading bloc where capitalism is chained and used to help the people not let loose on them to devour them. A partnership to challange authortarianism in asia and the world (cough china cough) and promote democratic values world wide. If this trading deal where to depen we could invite more stable democracies into it and build a tradingbloc that can maybe even sideline china and as such slowly cripple its econemy. Addionally we would create an insentive for democravys to become more democratic if we were tp add provisions on entrence based on how democratic the cojbtry really is.

[@Theorimlig]

The EU has no intention to restrict capitalism like that, it's a neoliberal union.

[@gabeg.2848]

What about the trade deal with Mercosul? That would be the biggest market in a trade deal if it goes forward

[@petersebok9284]

I think the one with Mercosur is the second most important one

[@gaussology]

I'd love a video about EU's Association Agreements in general honestly :)

[@raphaelnikolaus0486]

What about CETA? Have(n't) you done a video on that? Would you be doing one? (It was, next to TTIP, one of the most discussed, most prominent, deals/negotiations in the last few years.)

[@9Bushnell]

Could you cover the EU - Vietnam trade deal?

[@clowncarqingdao]

So, the EU and Japan can make it work, yet the UK and EU cannot. I'm going out on a limb here but could that be because the UK haven't got a fucking clue?

[@ProudNL99]

I'd assume an even larger trade deal could only lead to benefit. To me especially, as a weeb ;)

[@Blackbirdxd]

7:39 can you align the flags properly with the boxes my ocd is killing me

[@MrIvarlira]

How about a trade deal between the EU and Mercosur or Brazil?

[@MrIvarlira]

@Mr Ex Why?

[@MrIvarlira]

@Mr Ex Sorry, I think I am missing something here. I will never understand this mentality, and why you're telling me to have an open mind. The day the EU does any harm to you for real, come back and I'll join you in the real world.

[@MrIvarlira]

@Mr Ex Not me who can't prove how the EU is bad lol Just leave it

[@MrIvarlira]

@Mr Ex Sorry, but I have asked for evidence, not your opinion pal. You simply can't prove that the European Union is making your life miserable, because this is not possible. If you don't want to enjoy the benefits of EU membership, it is your choice. I am also a European Union citizen, and throughout my life, the existence of the EU has provided me with great joy and freedom. I have got evidence, whereas all you've got is a nationalistic and narrow-minded view of the world. Take care and best of luck.

[@MrIvarlira]

@Mr Ex Ops, before I forget, try not to be xenophobic. Your life will improve drastically. I can guarantee that. See ya

[@gnul]

Would be nice if Japan joins the EU. 🇯🇵🇪🇺

[@EricZucchini]

glad to see japan is still moving

[@tonydecastro6340]

the question is: given Brexit, what is it that the UK stands TO LOSE given the EU-Japan agreement...

[@AnexoRialto]

The UK loses the entire EU-Japan agreement, as far as trade with Japan anyway. It's up to the UK to negotiate a new trade agreement from scratch.

[@marcogiusti3788]

Please cover the trade deal between EU and Canada.

[@Mic_Glow]

Would help if chains set up a "Japanese corner" with stuff from Japan. Even temporary. I bet there are products that europeans would like but atm. unless you specifically look for something, it's hard to find anything from Japan. And you don't look for what you don't know, so it's a dead end.

[@humanafterall2076]

The EU is the most protectionist economy there is.

[@AaronOkeanos]

Yes it is and it's not a problem if you are one of the 500 mio living in it or if you have a good trade deal with them. It creates stability, saves jobs, secures human and worker rights, raises living standard for all it's members over time, improve products standards and quality, protects the environment. And it constantly does everything to enlarge the Single Market by infrastructure, housing and education projects and it's real growth not the fake one by exploiting people from another country.

[@MrWalker1000]

@@AaronOkeanos also high prices

[@AaronOkeanos]

@@MrWalker1000 True. But it doesn't matter the wages are also higher. The level playing field ensures the money stays in the Single Market or within trade partners adhereing to the same rules. Problems only occurs when money is sucked out of the market by cheap and substandard outside trade.

[@MrWalker1000]

@@AaronOkeanos so like China?

[@AaronOkeanos]

@@MrWalker1000 EU only imports goods with CE standard (the real European not the fake china one). But you are right China is an issue as the EU is currently finding out ... same as the US and everybody else actually.

[@carlosandleon]

Protectionism is not inherently bad, its the extent that counts

[@AaronOkeanos]

Wrong. It depends on which side you sit. If you are in the protection can't be high enough.

[@carlosandleon]

@@AaronOkeanos its always a compromise. Too much protectionism borders on Isolationism which leads to stagnation of progress.

[@AaronOkeanos]

@@carlosandleon Fair enough.

[@zakuro8532]

I think Japan should join EU

[@Siranoxz]

That's likely not going to happen anytime soon, unless Russia becomes part of the EU that it makes it easier for Japan to connect their rail system to Russia towards Europe. And Japan joining the EU would disrupt everything that EU stands for to invite an Asian country into the European hemisphere and our understanding of regions and borders.

[@zakuro8532]

@@Siranoxz How dare you answer me in seriousness.

[@Siranoxz]

@@zakuro8532 Sorry Zakuro.

[@zakuro8532]

@@Siranoxz I suspect you are AI, answer truthfully.

[@Siranoxz]

@@zakuro8532 No, i'm not a AI..

[@mmmoojen]

Please , can you go more into the difficulties around US UK trade deal?

[@BernasLL]

Thanks Trump for making Japan reaching out to better partners.

[@ewoudalliet1734]

Yeah, but the message "against protectionism" is mainly directed against China, and I think that this deal would've come into place even if Trump didn't push Japan away; though it probably would be more limited. Also, Trump pushed the EU away too, probably even more than Japan.

[@peterebel7899]

@@ewoudalliet1734 Trump pushing anybody away? Never, he is just opening trade wars on a weekly basis.

[@ewoudalliet1734]

@@peterebel7899 Well, the trade war on China is more than justified (and I would hate it if the EU were to do nothing here too)... and the US does have a serious trade deficit (which is highly problematic), mainly because it is more faourable to produce elsewhere (thanks to some US policies), but I cannot approve of how Trump treats allied states when it comes to trade.

[@peterebel7899]

@@ewoudalliet1734 Well, he announced at least one trade war with France, several with Germany, same with Japan, .... Trump punishes every nation USA has trade deficits. But that's not the fault of all the other nations, that's USA's fault basically doing no more industrial production at all. No the trade war with China is not justified. Why is USA to lazy doing industrial production, importing everything from Mexico, China, ... ? Why? Why? Why?

[@ewoudalliet1734]

@@peterebel7899 The fact that US industrial production is relatively lower is because it's easier to do abroad. The climate in the US just isn't right for it, mainly due to WTO rules, that give benefits to developing economies, some of which don't even deserve it, like China. I don't believe these trade wars are the right way to go about it, especially with allies, like the US economy is incredibly strong and is very well able to win these, but at what cost? The US now needs to get as many alliances it can get, as we all know what a threat China has become to the free world. Currently the US is achieving the exact opposite. The US isn't lazy, it's WAAAAY cheaper to import (due to tarrifs and transportation costs) from these countries. These countries also have cheap labour, but if the tarrifs were the same, trust me they'd be manufacturing everything in the US or importing more from developed economies like the EU and Canada. (the US even produced stuff in the US but put it together in Mexico so it could export those goods at Mexico prices; same as China has done in the trade war) It's the WTO that wants less developed nations to be able to compete, but the economic climate we live in now, isn't the one we lived in 50 years ago.

[@francissaunders4050]

The EU exported £341 billion of goods to the UK in 2017, (with a trade deficite of around £100 billion), making the UK the EU's second largest market for exports, after America, at £384 billion. Japan only accounted for £61 billion in EU exports in the same year. So, a trade boost of 0.24% with Japan is not a biggie. I find it strange that the EU finds it so hard to treat the UK as an independent trading partner, like Japan or Canada? I'm assuming the EU didn't insist on taking 80% of fish stocks from japan's coastal waters, or insist that this trade deal must be governed by the ECJ?