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Added on the 14/01/2021 20:45:15 - Copyright : Euronews EN
The UK has been weakened in trade deal talks with the EU after the election of Joe Biden, says MEP Manfred Weber.
Future of UK finance: City of London faces uncertainty under EU-UK trade deal
EU chief negotiator for Brexit Michel Barnier says the UK could face 'consequences' if it chooses to diverge in the future as Brexit negotiation talks enter their final hours. Britain left the European Union on January 31 and will leave the EU single market on December 31 at midnight, with or without a follow-on accord. Without a trade deal, cross-Channel trade will be conducted on basic WTO rules and 47 years of economic integration will be disrupted by tariffs on goods.
Right now, the European Union is the UK's largest trading partner, with France and Britain in particular enjoying extremely close economic ties. But can that continue post-Brexit? With the nature of the UK's future trading relationship with the bloc still largely undefined, how are French businesses preparing? We speak to Olivier Campenon, Vice President of the Franco-British Chamber of Commerce and Industry.
As Britain prepares to leave the EU, Northern Ireland violin-maker Martin McClean looks to the uncertainty that remains over the trading status of the province. EU Brexit negotiator Michel Barnier this week warned of the risk of a fresh "cliff edge" at the end of 2020. N°1OH4D7N°1OI3G8
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