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APsplainin | EU's Barnier warns of tough times ahead on UK trade deal
Barnier warned that "the U.K. should not think that zero tariffs, zero quotas will be enough. The EU will insist on zero tariffs, zero quotas and zero dumping."
[...]
"For us, it means a free trade agreement whose aim is not only economic and financial profit with zero tariffs and zero quotas but which is also in the interest of the people, their environmental and living standards," he said.

Current plans call for Britain to leave the bloc on Jan. 31 and end a EU Withdrawal Agreement transitional trade period as soon as the end of 2020. Considering that major international trade deals can often take over half a decade to clinch, that seems a precipitously short time.

Barnier told the Web Summit that by next summer, it will be clear if the Brexit trade EU Withdrawal Agreement transition period will have to be extended beyond the end of next year

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If HoC had ratified WA (alias "May's deal") on or before 31 March 2019...
Any tariff greater than 0 is the number driving prospects of "permanent insanity or piracy" through the UK.

Diversity is the key to economic and political evolution.

by Cat on Tue Nov 5th, 2019 at 07:12:25 PM EST

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