EU will offer UK worse trade deal after Brexit than Canada or Japan - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

The EU is planning to give the UK a much worse trade deal after Brexit than either Canada or Japan

The European Union is reportedly planning to offer the UK a much worse trade deal than its agreements with Canada, Japan, and other major trade partners.

The European Commission's position reflects concerns that the UK will seek to maintain access to the EU single market while diverging away on rules and regulations to gain an advantage.The European Union is reportedly planning to offer the UK a trade deal with much worse terms than it agreed with either Canada, Japan, or other major international partners.

However, the European Commission's is planning to block the UK from securing similar rights due to concerns that the UK will seek to move away from EU trade rules and regulations in order to gain a competitive advantage over its European neighbours.Speaking in Brussels on Tuesday, he said: "We will not be in the single market, we will not be in the customs union.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

UK does not need the EU, the EU needs the UK.

You mean the Tory Government is ignoring all the rules that would make a decent deal possible.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

EU won't meet China halfway in investment talks: EU trade chiefThe European Union wants to agree a deal with China this year to protect foreign... So now the eu is copying Trump ? DW_Belknap EU might want to play nice with 🇨🇳 they might need a closer super partner after the 🇬🇧 leaves.🤣👍 If the EUCouncil is finally taking a stand against communism, bravo. This is a major issue that citizens around the world want confronted. Support for capitalism and civil liberties must be unequivocal. Support for nations who don't believe in this, must be challenged.
Source: Reuters - 🏆 2. / 97 Read more »