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Trade

Japan fails to win early end to auto tariffs in UK trade deal

Levies to expire in 2026 as agreement on farm goods needed to seal pact

Newly manufactured Honda cars await export in a port in Yokohama.   © Reuters

TOKYO -- Japan and the U.K. will agree to eliminate British tariffs on Japanese autos by 2026, despite a push by Tokyo for an earlier phase out, Nikkei has learned.

The two countries are working toward an agreement in principle on a trade deal by the end of this month, ministers said Friday.

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