A day after Japan reached a trade agreement with the US on tariffs, the EU and Japan announced plans to strengthen their trade cooperation and combat economic coercion during the 30th EU–Japan summit held in Tokyo on Wednesday.
“The world is changing rapidly. For strategic partners like us, it means becoming even closer to face the realities of our times,” Commission president Ursula von der Leyen said after the summit, stressing this came against a global backdrop “with growing trade tensions and uncertainty, fragile supply chains, the challenge of overcapacity and unlevel playing fields.”
