Europe, Trump and trade war
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The European Union is likely to get a worse trade deal with Donald Trump than the UK, according to diplomatic sources. Brussels and Washington are still locked in talks, but a "temporary" deal is expected to be announced in the coming days.
Brussels is not expecting same access to US market as British steel, cars and other products subject to sectoral duties
The European Commission has blocked the UK’s bid to join a pan-European trade convention designed to simplify post-Brexit supply chains, according to the Financial Times; a move that exposes fresh tensions in UK–EU relations despite recent efforts to reset ties.
The European Commission reportedly believes letting the UK into the bloc would increase the risk of products unfairly benefiting from low-tariff access to the single market.
Stop Brexit Steve challenges a senior Treasury minister about lost revenue since leaving the EU and his reaction is pricesless
French President Emmanuel Macron said Britain's 2020 exit from the EU had worsened the situation. Read more at straitstimes.com. Read more at straitstimes.com.
At the conclusion of his first 100 days in office in late April, President Donald Trump made a stunning statement about his progress on tariff negotiations: He had completed trade deals with 200 countries.