UK delegation is planning to base deal on EU-Japan trade agreement, but Vince Cable has criticised that proposal as ‘staggering’

Theresa May will have to allay Japanese fears about the impact of Brexit on business when she flies to the country on Wednesday for a three-day trip billed as a visit to lay the groundwork for a new trade deal, but likely to be dominated by North Korea.

Speaking before the trip, the prime minister said the UK government was seeking a free trade deal based on the EU-Japan agreement, calling Japan a “natural trading partner”.

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