UK, Canada Sign Trade Agreement
The United Kingdom on Wednesday signed a trade agreement with Canada, days before the end of the Brexit transition period, removing the risk of an estimated £42 million ($56.15 million) tariff burden on UK exports.
Brexit
Brexit negotiations at a stalemate as Britain, EU free-trade deal teetering on collapse
Britain and the European Union warned Tuesday that talks on a post-Brexit free-trade deal are teetering on the brink of collapse, with just over three weeks until an economic rupture that will cause upheaval for businesses on both sides of the English Channel.
EU, Britain Deadlocked Over Trade After Divorce
After Britain’s exit from the European Union, or Brexit, the two sides now face deadlock over an important trade deal. British Prime Minister Boris Johnson and the European Commission President Ursula von der Leyen instructed representatives to secure their annual $1 trillion in trade.
UK, EU resume face-to-face trade talks with time running out
Teams from Britain and the European Union resumed face-to-face talks on a post-Brexit trade deal Saturday, with both sides sounding gloomy about striking an agreement in the little time that remains.
Brexit: Next days ‘decisive’ for hopes of deal, says EU’s Ursula von der Leyen
The coming days in the Brexit negotiations will be “decisive” as to whether Britain and the EU are able to agree on a free trade deal, European Commission president Ursula von der Leyen said on Wednesday.
Britain signs interim trade deal with Canada amid continued negotiations with EU
While still trying to reach a post-Brexit trade deal with the European Union, the United Kingdom has been able to agree to an interim trade deal with Canada, Fox News reports. The agreement offers a source of business security for Britain, which must reach an agreement with the EU by the end of the post-Brexit transition period on 31 December or move instead into World Trade Organization terms with the European trading bloc.
Hungary, Poland Block EU Budget And Coronavirus Rescue
Hungary and Poland blocked approval of the European Union’s 1.8 trillion-euro ($2.1 trillion) budget and coronavirus rescue package after accusing the bloc of interfering in their domestic affairs.
Brexit: Trade deal ‘may not succeed’ before year end
The U.K.’s chief Brexit negotiator said Sunday before renewed talks that a trade deal with the European Union may not succeed, but he was still hopeful of a resolution.
Post-Brexit trade deal: UK and EU resume grid-locked negotiations
Stalled post-Brexit trade deal talks have resumed once again as British and European Union negotiators convened in London Monday, the Washington Times reports. Recent talks in Brussels left the two sides still far apart on the way forward following the UK’s official departure from the EU trading bloc in January. The parties have until December 31 to agree a trade deal before the post-Brexit transition period comes to an end. Hundreds of thousands of jobs on both sides may be lost in the event of a “no-deal Brexit.”
Brexit: Deadline looms but still no trade deal between EU and UK
As the UK veers towards the January 1 deadline for agreeing on a post-Brexit trade deal with the European Union, the EU’s chief negotiator said London was to blame for the two parties’ failure to reach even a basic agreement so far, the Washington Examiner reported Wednesday. Hundreds of thousands of jobs may be lost on both sides if no deal is agreed within the year-long transition period triggered when Britain officially left the EU trading bloc in January.
Japan, Britain sign free trade deal for post-Brexit era
Japan and Britain signed a bilateral free trade deal Friday in the the first such major post-Brexit deal, reducing tariffs on Yorkshire lamb sold in Japan, as well as auto parts for Japan’s Nissan plant.
Brexit: UK to restart trade talks with EU after threatening to quit
Brussels and London have “re-established” a basis for Brexit talks on Wednesday following an apparent impasse last week, the UK’s chief negotiator David Frost said on Twitter.
EU negotiator offers to ‘intensify’ Brexit trade talks with Britain
The chief Brexit negotiator for the European Union stressed Monday the bloc was prepared to “intensify” trade talks with Britain after holding a call with British dealmaker David Frost.
UK, EU chiefs to discus Brexit, free trade talks Saturday
British Prime Minister Boris Johnson is to speak to European Commission president Ursula von der Leyen on Saturday to “take stock” of negotiations on a post-Brexit free trade deal and to “discuss next steps,” a British government spokesman said.
EU threatens Britain with legal action over bill to override Brexit deal
The European Union said Thursday it will take legal action against the British government for violating the terms of their Brexit agreement.
Brexit drama in the UK as Boris Johnson pushes bill to override EU exit deal
More than four years since Brits voted to leave the European Union, the United Kingdom is once again engulfed in another Brexit crisis — with a dramatic move by Prime Minister Boris Johnson to potentially rewrite parts of the initial divorce deal, sparking outrage and threats of legal action from E.U. leaders.
Controversial Brexit bill passes Commons vote
The House of Commons passed Prime Minister Boris Johnson’s proposed bill in a vote on Monday evening by 340 to 263, with results coming in around 10:30 p.m. local time.
EU, U.K. in urgent meeting on lawbreaking British Brexit plan
Top European Union and British officials were holding an emergency meeting in London on Thursday over Britain’s plan to break part of the Brexit divorce agreement, a move the EU says would demolish any goodwill to reach a trade agreement.
EU Accuses Britain Of Torpedoing Brexit Deal
European Union leaders have accused Britain of throwing political grenades across the channel by threatening to undermine its divorce deal with the EU. The so-called Brexit Withdrawal Agreement was signed last year to allow Britain’s orderly exit from the bloc.
Johnson says UK will quit Brexit talks if no deal by Oct 15
British Prime Minister Boris Johnson talked tough on Sunday ahead of a crucial round of post-Brexit trade talks with the European Union, saying Britain could walk away from the talks within weeks and insisting that a no-deal exit would be a “good outcome for the U.K.”