Brexit UK-Japan trade deal economic effects explained

In the midst of the Brexit negotiations, the UK-Japan trade deal has recently been finalised. But how does this affect the UK, especially its economy as well as its wider impact on Brexit? To understand this, we need to define some terms for international trade. This video will explain the economic effects of the Brexit UK-Japan trade deal. How has Liz Truzz negotiated the whole deal? What are its caveats? How does it affect specific British industry like pork, salmon and beef. How will it affect the wider Brexit negotiations. Why do we still need n EU free trade deal. How does it affect Japanese companies like Nissan and its British Sunderland plant? What is the point of tariffs? Are tariffs good for economies? Why do businesses want no tariffs? Why do businesses want the UK to negotiate a free trade deal with the European Union(EU) without tariffs?

Sources:
BBC article:
https://www.bbc.co.uk/news/business-54116606
Politico article:
https://www.politico.eu/article/five-things-from-the-uks-trade-deal-with-japan/
Guardian UK-Japan deal article:
https://www.theguardian.com/politics/2020/sep/11/uk-government-historic-trade-deal-japan-brexit
Statista: https://www.statista.com/topics/3126/brexit-and-eu-trade/
Guardian Nissan article: https://www.theguardian.com/business/2020/jun/03/nissan-sunderland-plant-at-risk-if-uk-leaves-eu-without-deal-brexit