EU-UK post-Brexit trade talks remain at standstill

Post-Brexit trade talks between Britain and the European Union remained grid-locked Sunday evening, even as there remain just days to go before the official transition period comes to an end on December 31, the Associated Press reports. In the event no agreement is reached by the end of the year, the two parties will default to trading on World Trade Organization terms, with all the tariffs and barriers that this will entail.

UK and Mexico sign post-Brexit continuity deal

The UK and Mexico signed a continuity agreement Tuesday that will permit trade between them to continue on current terms after Britain leaves the European Union’s common trade policy on December 31, Reuters reports.

EU-UK post-Brexit deal still “possible”

With just over two weeks to the end-of-year deadline, EU chief negotiator Michel Barnier said Monday it is still possible a post-Brexit trade deal could be struck between Britain and the European Union, Deutsche Welle reports.

EU, Britain Face Messy Divorce After Talks Breakdown

European leaders have warned that Britain’s exit from the European Union will likely be without a crucial deal on $1 trillion in annual trade. Britain already quit the EU in January, but it remained in the EU single market and customs union during a transition period.

UK, Canada Sign Trade Agreement

The United Kingdom on Wednesday signed a trade agreement with Canada, days before the end of the Brexit transition period, removing the risk of an estimated £42 million ($56.15 million) tariff burden on UK exports.

Britain signs interim trade deal with Canada amid continued negotiations with EU

While still trying to reach a post-Brexit trade deal with the European Union, the United Kingdom has been able to agree to an interim trade deal with Canada, Fox News reports. The agreement offers a source of business security for Britain, which must reach an agreement with the EU by the end of the post-Brexit transition period on 31 December or move instead into World Trade Organization terms with the European trading bloc.

ASEAN, China, other partners sign world’s biggest trade pact

China and 14 other countries agreed Sunday to set up the world’s largest trading bloc, encompassing nearly a third of all economic activity, in a deal many in Asia are hoping will help hasten a recovery from the shocks of the pandemic.

Japan, Britain sign free trade deal for post-Brexit era

Japan and Britain signed a bilateral free trade deal Friday in the the first such major post-Brexit deal, reducing tariffs on Yorkshire lamb sold in Japan, as well as auto parts for Japan’s Nissan plant.

Mexico and the EU agree to new free-trade deal

The EU and Mexico agreed to a new free-trade deal Tuesday after four years of negotiations, the Financial Times reported. The deal provides that almost all trade between Mexico and the EU bloc will be duty-free.

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