Last Updated Monday, February 3, 2020 10:55AM ESTLONDON -- Britain and the European Union set out clashing opening gambits Monday on striking a trade deal, making it clear that each side is willing to walk away without an agreement rather than compromise on key issues.
"We are in favour of free trade, but we are not going to be naive," Barnier said. "If the request is to have broad access to a market of 450 million European consumers, zero tariffs, zero quotas, that won't happen for nothing, or in any kind of condition." Australia does not have a free-trade deal with the EU, and Australia-style trade would mean a panoply of new tariffs and other barriers between the U.K. and the EU, its near neighbour and biggest trading partner.
Even as he set out a vision of trade that would set up new barriers between Britain and the EU, Johnson said the U.K. would become a champion of free trade in a world where "the protectionists are gaining ground." Barnier signalled that one flashpoint in the talks will be fishing. He said the EU would link access to its market for British products directly to the access that EU boats are given to U.K. waters.Formal trade talks won't start until next month, once they have been approved by the rest of the EU nations.
Even after Brexit the EU is still determined to retain control
Too bad EU. Enjoy your spiral into hell.
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