Business and trade secretary Jonathan Reynolds says Conservatives and Reform have misunderstood the ‘landmark’ trade dealAnd, on the subject of trade deals, Nick Thomas-Symonds, the Cabinet Office minister in charge of post-Brexit relations with the EU, has confirmed that the government is considering a youth mobilty deal with Brussels.As George Parker reports in the Financial Times, Thomas-Symonds said that, provided the UK government’s red lines were respected, “a smart, controlled youth mobility scheme would of course have benefits for our young people”.A youth mobility scheme is not part of our plans. We have always said that we will listen to sensible EU proposals, but we will not go back to freedom of movement.The UK and the US are close to agreeing a trade pact that would cushion the impact of Donald Trump’s “liberation day” tariffs by granting lower-tariff quotas for British car and steel exports, according to officials in London and Washington.The deal — set to be signed this week — is due to include quotas that spare some UK exports from the full brunt of the additional 25 per cent tariffs that Trump levied on steel and car imports in February and March … Continue reading...
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