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UK-EU trade deal? Here's what Europe's officials and business leaders want

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The U.K. is about to take the momentous step of leaving the EU on January 31 and it has set itself an ambitious deadline to strike a trade deal.

"That will hopefully minimize disruption to supply chains and ... to financial markets as much as possible," he told the panel hosted by CNBC's Sara Eisen.

WTO terms would mean the U.K. and EU could place import tariffs and quotas on each others' goods — although the U.K. has already stated that the majority of imports from the EU would remain tariff-free in this scenario.

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Oof. This article is lousy. The fundamental dynamic is that the agreement will be based on the Freedoms and reciprocity. Everything else is just blah blah blah. i.e. The deal's ambitions will be undermined by the Brits demands to cherry pick, which isn't on offer.

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

EU will offer UK worse trade deal after Brexit than Canada or Japan - Business InsiderThe EU is planning to offer UK Prime Minister Boris Johnson a much worse trade deal than it has given other countries. You mean the Tory Government is ignoring all the rules that would make a decent deal possible. UK does not need the EU, the EU needs the UK.
Source: BusinessInsider - 🏆 729. / 51 Read more »