FirstFT: Brexit concerns hinder US-UK trade agreement

FirstFT: Brexit concerns hinder US-UK trade agreement



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America is Delayed transaction Remove the Trump-era tariffs on British steel and aluminum because Washington is worried about London’s threat to change Northern Ireland’s post-Brexit trade rules.

Brussels and Washington have repeatedly warned London that unilateral changes to the EU-UK agreement to exit the EU in 2020 may threaten peace on the island of Ireland.

In a communication seen by the Financial Times, a U.S. Department of Commerce official stated that because the U.S. fears that the U.K. will threaten to trigger Article 16 of the safeguard clause in the post-Brexit Northern Ireland agreement, negotiations on the relaxation of metal tariffs cannot Advance.

This clause covers part of the UK’s withdrawal from the European Union and will suspend inspections of goods shipped from other parts of the UK to Northern Ireland.

Are you affected by steel and aluminum tariffs?Let us know [email protected]. Thanks for reading FirstFT Europe/Africa — Jennifer

1. Covid impacts consumer activity in the Eurozone Rising infections, a new mutation, and the re-implementation of pandemic restrictions are Threatening the Eurozone economic reboundHigh-frequency data shows that fewer and fewer people go out for shopping, dining and watching movies.

2. Turkey’s Minister of Finance resigns Lutfi Elvan is regarded as the only remaining economic orthodox voice in the cabinet of President Recep Tayyip Erdogan Replaced by loyalists As the lira plummeted.

3. Phoenix urges solvency reforms to release 50 billion pounds for the British economy Britain’s largest long-term savings institution urges ministers Reform of EU solvency rules This still applies to the UK to help it release investment to revitalize the economy, promote infrastructure construction and fulfill climate change commitments.

4. WTA suspends Chinese tennis tournaments The U.S. Women’s Tennis Association said it would Suspend the game in China, The handling of allegations of sexual assault by star player Peng Shuai against a former senior Chinese official has increased tensions with Beijing.

Peng Shuai serves in the game

After Peng Shuai accused a former senior member of the Chinese Communist Party of sexual assault, many high-profile tennis stars expressed their concerns about Peng Shuai’s health. © AFP via Getty Images

5. Epstein’s plaintiff testified that she was introduced to Trump A woman in her 40s told a New York court yesterday that the late sex offender Jeffrey Epstein took her to Sea Lake Estate in Florida Meet Donald Trump When she was 14 years old.Catch up with the trial here.

Coronavirus Digest

  • Omicron coronavirus variants may exacerbate imbalances Growth slows and pushes up inflation, this OECD There are warnings.

  • this U.K Will purchase additional 114 million doses of vaccine Used for the next two years, including improved jabs for handling future variants.

  • Jay PowellThe Chairman of the Federal Reserve Board of Governors (Federal Reserve/FED) sent a message to the market with a strong comment on Tuesday: Fight against inflation It is the central bank’s top priority. Financial Times Viewpoint Powell cancels the confusing word “is correct”temporary“.

  • Multi-manager hedge fund Yes Promote the soaring of traders’ salaries After booming during the coronavirus crisis.

  • KPMG Has told its British auditors that they are expected to be in the office of the client’s site Four days a week In the future.In the latest episode of the new podcast Work, Host Isabel Berwick discussed the topic of flat hierarchy.

the day before

OPEC+Conference The organization will announce what measures it intends to take on oil prices, which have fallen by nearly 20% in a week due to the spread of Omicron variants and concerns about how the vaccine will withstand.OPEC observers expect Suspend supply increase. (NASDAQ)

Bexley Sr and Sidcup by-election this vote To fill the London seat held by Conservative MP James Broken Hill before his death will be The first election test Defended the ruling Conservative Party after the scandal.

U.S. outlines Covid containment measures President Joe Biden is expected to announce a Series of measures Designed to slow the spread of the virus in winter, including stricter testing requirements for international travelers.The country has determined its First case Covid-19 caused by the Omicron mutation was caused by individuals returning from South Africa.

Join more than 100 influential leaders from the United States and around the world and top reporters from the British Financial Times to participate in the global board meeting. They will discuss how to build a resilient, sustainable, and sustainable world in a crisis-changed world. Inclusive economy and business.sign up for free here.

What are we still reading

The 25 most influential women selected by the Financial Times in 2021 We expanded the list And invited some of the most influential women in the world to write these entries, including Jane Fraser, Christine Lagarde, Elizabeth Warren, Billie Jean King, Malala and Greta Thunberg, as well as readers like you.

Across continents, industries and issues, all these outstanding women shaped this turbulent year

On all continents, industries and issues, all these outstanding women shaped this turbulent year © Freya Betts

Boris Johnson cannot hope to eliminate tensions in Europe Hopes for resetting the relationship are still vague and plagued by continued negotiations after Brexit. Few people are willing to use these methods, Robert Shrimsley wrote.

Benjamin Netanyahu unbalancedly regained power The five-term prime minister who was once the most important figure in Israel faces criminal prosecution for corruption. Block his way Back to the head of the right-wing camp. However, his next big opportunity may come at the end of 2023.

Nuclear negotiators work hard to restore Iran agreement With the negotiations that started this week Restart nuclear restriction agreementDavid Gardner wrote that three years ago, when he was hit by a torpedo by former US President Donald Trump, it seemed that no attempt to restore the status quo would happen. Do you think the negotiator can resume the transaction?Tell us in our latest news polling.

Polls ask about Iran's nuclear opportunities

China cracks down on financial fraud Tens of thousands of citizens have become victims of financial fraud, and this crime has become a reality in the world’s second-largest economy with a rapidly growing middle-to-high income population.Now one National Anti-Fraud Education Campaign Designed to combat scammers. But is it effective?


“Financial Times” weekend columnist Luke Edward Hall (Luke Edward Hall) recommended his top gifts for the family.Click on here Understand the idea of ??where to buy unusual items while supporting small businesses and the environment.

Montage of holiday tree ornaments

Choose to keep hand-blown gadgets

Thank you for reading and remember that you can Add FirstFT To my FT.Send your suggestions and feedback to [email protected]

Britain after Brexit — As the UK economy adapts to life outside the EU, keep abreast of the latest developments.register here

Next week — Start every week, preview the content on the agenda.register here


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