The Intelligence from The Economist EU’ve heard this one before: Brexit trade talks
Mar 2, 2020
John Peet, Brexit editor, and Wendelin von Bredow, European business correspondent, dive into the intricate trade negotiations post-Brexit. They discuss the tough stance of Britain’s negotiators and the looming no-deal risks as deadlines approach. The conversation also delves into the innovative concept of digital twins in healthcare, illustrating their use in monitoring heart health. Additionally, they explore the Rothschild family's complex legal battle over a Viennese foundation, shedding light on the historical significance of this endeavor.
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Post-Brexit Trade Talks Challenges
- Britain and the EU began post-Brexit trade talks, with significant differences in their desired outcomes.
- The EU wants a "level playing field" to prevent undercutting, while Britain seeks regulatory freedom.
Brexit Déjà Vu
- The current Brexit trade negotiations resemble previous rounds, with both sides threatening a no-deal outcome.
- However, Prime Minister Boris Johnson seems more willing to accept no deal than his predecessor.
Global Trade Challenges for Britain
- Britain faces the complex task of establishing new trade deals with the entire world after leaving the EU.
- Negotiations with the US are expected to be as tough as those with the EU, highlighting Britain's challenging position.