PM: Trade Britain’s Potential. No need to follow EU’s rules
The PM called for a Canada-style free trade deal. Mr Johnson said the UK would return to the Withdrawal Agreement if such a deal was not reached.
But the EU’s Michel Barnier said its “ambitious” trade deal offer required a “level playing field”.
Labour said Mr Johnson’s “ideology had trumped common sense”.
The party’s leader, Jeremy Corbyn, said the PM risked trade and investment in the UK if he kept “undermining collective agreements”.
Under the EU-Canada deal, import tariffs on most goods have been eliminated between the two countries, though there are still customs and VAT checks.
The flow of services, such as banking – which is much more important for the UK – between Canada and the EU are much more restricted.
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