UK PM Johnson's office: EU willing to offer US zero tariffs without level playing commitments demanded from UK

The European Union is willing to offer the US zero tariffs without the kind of level playing field commitments or legal oversight they are demanding f  |  25/02/2020 15:41

The European Union is willing to offer the US zero tariffs without the kind of level playing field commitments or legal oversight they are demanding from the UK, British Prime Minister Boris Johnson's office said in a Twitter thread, commenting on the recently published EU mandate on post-Brexit trade talks with the UK.

"The EU's negotiating mandate stresses the importance of its legal autonomy, we equally are determined to protect ours," the statement read. "We just want the same respect for autonomy that the EU has shown countries like Canada and Japan."

GBP reaction

These remarks were largely ignored by the market participants. As of writing, the GBP/USD pair was up 0.52% on the day at 1.2995.

Share

Popular News

Show More Popular News

Market Insight's Views

Market Insight analyses will provide both fundamental and technical comprehensions on FX
and other asset classes for Market Insight viewers

RISK WARNING

The information provided herein is for general informational and educational purposes only. It is not intended and should not be construed to constitute advice.

If such information is acted upon by you then this should be solely at your discretion and GKFX will not be held accountable in any way.

  • ForexF
  • IndicesI
  • CommoditiesC
        Back

        Login to Market Insight Account

        Your Market Insight account gives you access to the tools that we offer our customers including our
        Technical Studies & Sentiment for your accounts.

        Forgot Password?

        Don't you have a Market Insight account? With a few easy steps you can easily register to Market Insight

        Create a Market Insight's Account

        Your Market Insight account gives you access to the tools that we offer our customers including our Technical Studies & Sentiment for your accounts.

        register_ty

        Thank you!

        Welcome to Market Insight family!

        You have succesfully completed the registration.
        We will send you an e-mail to give you some
        instructions and our Terms and Conditions!
        Our account representatives will be contacting you as
        soon as possible. If you have any further questions
        please do not hesitate to mail us via info@marketinsight.com