At risk of accusations of “talking down Britain,” it nevertheless seems fair to observe that this was a week that highlighted the risks inherent in striking out alone in the world.
First, there was Trump and his tariffs.
Despite assertions from Liam Fox that the U.K. will be seeking an exemption, it is not clear how this can be squared with the fact that the U.K. is still a member of the EU and subject to its trade policy (a situation that will continue up to and including any transition period).
European Trade Commissioner Cecilia Malmström made clear this morning that the U.K. …read more
Source: European Voice