Economics

U.K., Japan Close to Post-Brexit Trade Accord Replacing EU Deal

  • Initial agreement expected in coming weeks: person familiar
  • Deal needed to avoid imposition of tariffs, quotas at year-end
Photographer: Kiyoshi Ota/Bloomberg
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The U.K. and Japan are close to agreeing a post-Brexit trade accord, a deal that would replace the free-trade agreement Britain enjoys through its membership of the European Union and avoid the introduction of tariffs next year.