Other than the fact the EU are our biggest trading partner another reason we really need to secure a decent trade deal with them is that it looks like the US deal isn't going to be so great for us:
https://www.thetimes.co.uk/article/t...-war-gg8x2pd6f
Quote:
Theresa May protested to President Trump over his plans for tariffs on steel and aluminium imports yesterday amid warnings about the prospects for a UK-US trade deal.
Ministers rebuked the president for threatening a trade war after he announced that the US would impose duties of 25 per cent on imported steel and 10 per cent on aluminium in an attempt to save its domestic industry.
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The Times understands that US State Department officials told MPs from the public accounts committee that the US-UK deal would follow an “America First” approach. In a private briefing before Christmas, they were told that it would not be possible to have a deal excluding agriculture, which would require Britain to lower standards.
“It was a brutal reality check,” one of the MPs at the briefing said. “They want to help us out but the deal must work for them and they made clear they are ‘trade warriors’.”
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---------- Post added at 19:30 ---------- Previous post was at 19:26 ----------
As for the tariffs themselves the EU are getting ready to respond:
https://www.thetimes.co.uk/edition/n...iffs-ctsw2m9fw
I smell a trade war!
Quote:
Europe and the United States are on the brink of a trade war as Brussels begins drawing up up a €2.8 billion hit list of American products for retaliatory tariffs.
The EU is ready to strike at American brands such as Harley-Davidson and Levi’s in response to President Trump’s threatened levies of up to 25 per cent on steel and aluminium imports, heralding huge new export costs for European industry.
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