Displaying items by tag: trade and industry

The international trade secretary, Liz Truss, has admitted Brexit led to food shortages in Northern Ireland after weeks of disruption. Her cabinet colleague Brandon Lewis, the Northern Ireland secretary, had argued that the coronavirus crisis was solely to blame for the shortages, but Ms Truss contradicted him, blaming both issues. Meanwhile, a row broke out between the UK and EU after the Foreign Office refused to grant the bloc’s ambassador in London the same diplomatic status afforded to representatives of individual nation states. Also, anger is building among manufacturers as EU customers cancel orders due to Brexit red tape.

Britain has legally entered a 'transition period', and is free to pursue trade deals with other countries immediately while hammering out terms of future EU relationships. Boris Johnson said that Britain will not obey Brussels rules to get a trade deal while Brussels demands that the UK give access to fishing waters. They are on another collision course. Before trade talks can begin in earnest they must agree a negotiating mandate, spell out their red lines and be finalised by early March. Meanwhile, trade tensions rise as the UK hires more patrol boats to keep out EU fishing fleets ahead of a potential showdown over access. Pray for the 40 officials, called 'Taskforce Europe', leading negotiations for the UK. They are led by one-time business lobbyist and diplomat David Frost, who will negotiate directly with Michel Barnier. In April/May UK trade talks with the EU and other nations are expected to intensify even more. See also