In just 17 days Britain is set to officially leave the European Union, after Boris Johnson’s Withdrawal Agreement Bill has passed into law. But Brexit will not be done and dusted on February 1, as the Government and Brussels enter into crunch talks to agree a trade deal by December 31 - the end of the transition period. Ahead of the talks, the European Commission, headed by Ursula von der Leyen, has warned it has a “limited margin” to offer the UK a better deal than other countries, such as Canada.
The warning was issued via a 46-page document discussing the EU’s future relationship with the UK, that was shared with EU27 countries on Monday and subsequently shared with the public.
The EU’s tough approach from the outset may lie in the so-called most-favoured-nation clauses included in the EU’s most recent trade deals with other countries, including Canada, Japan and Vietnam.
The clause mean that if a more generous offer is made to new trade