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British trade experts have warned that the UK’s demands for a “Canada-style” Brexit trade deal with the EU are ‘unrealistic’.
EU-Mercosur deal in trouble, following Wallonia’s previous rejection of EU-Canada deal.
Andrew Percy attacks ‘cack-handed’ move to scrap import tariffs if UK crashes out in October – triggering Ottawa’s refusal to ‘roll over’ existing EU deal.
The decision not to “roll over” the Comprehensive Economic and Trade Agreement (CETA) if the UK abandons its withdrawal agreement with Brussels is a huge blow to Britain's hopes of maintaining continuity in a no-deal Brexit and could severely impact businesses that sell goods to the Canadian market.
Competition commissioner sees agreement with Canada as model but says deal with Brexit UK would be different