by kleinbl00
The Financial Times reported in February that Japanese trade negotiators were confident they could secure bigger concessions from the U.K. than they did from the EU and thus refused to roll over the recently inaugurated EU-Japan trade deal.
Multiply times every country.
The United States, which does not have a trade agreement with the EU, has set tough expectations for its own trade deal, including “comprehensive market access for U.S. agricultural goods.”
Every. Country.
This is typical for negotiations, but that’s the point: Trade talks are brutal, the EU can offer access to a vastly larger consumer market and thus invariably has more clout in negotiations, and the U.K. won’t get special treatment even from Washington.
The UK's economy is smaller than California's.
In other news, UK car production down 15% year-over-year