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[6] [7] A trade deal facilitates EU–UK trade, which accounts for 49% of international UK trade. [2] A Canadian-style trade deal offers the UK a reduction on most custom tariffs between the EU and the UK, but without eliminating VAT, customs and phytosanitary checks. [2]
The sense that EU membership took decision making further away from 'the people' in favour of domination by regulatory bodies – in particular the European Commission, seen as the supposed key decision-taking body, is said to have been a strong motivating factor for leave voters wanting to end or reverse the process of EU influence in the UK. [4]
The Leave campaign claimed the cost as £350m per week, [22] a figure criticised 'as 'misrepresentative' by Sir Andrew Dilnot (head of the UK Statistics Authority), [23] The net transfer of cash from the UK to the EU in 2014/15 was £8.5bn (£163m per week) after subtracting the UK's rebate and the money spent directly by the EU in the UK. [24]
The UK was a key asset for the EU in the fields of foreign affairs and defence given that the UK was (with France) one of the EU's two major military powers, and had significant intelligence capabilities, soft power and a far reaching diplomatic network. Without the UK, EU foreign policy could be less influential. [7]
Donald Trump’s new trade chief has previously called for deals with the UK, it has emerged, as the president elect’s team seeks to force Keir Starmer to choose between the US and the EU.. Last ...
From what can be discerned of Trump’s prospective strategy, two priorities stand out: reducing the U.S. trade deficit with the EU and pushing European allies to shoulder more of the defense burden.
The process, known as the democratic consent motion, was first agreed between the UK and EU in the 2020 Withdrawal Agreement to give local politicians a say in the new post-Brexit trading rules.
EU tariffs (which ones are dependent on a UK–EU trade agreement), collected by the UK on behalf of the EU, would be levied on the goods going from Great Britain to Northern Ireland that would be "at risk" of then being transported into and sold in the Republic of Ireland; if they ultimately are not, then firms in Northern Ireland could claim ...