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British PM Announces EU "Single Market" Exit
January 18, 2017
Politico reports that, in a speech this week, British Prime Minister Theresa May announced that her government's plans to depart the EU will include exiting the bloc's "single market" and parts of its customs union, which would permit the UK to control immigration from other EU countries and withdraw from the jurisdiction of the Court of Justice of the EU.
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UK Welcomes Trump Plans on Post-Brexit Trade
January 18, 2017
The office of UK Prime Minister Theresa May has welcomed comments from US President-elect Donald Trump predicting that the US and the UK would "very quickly" negotiate a free trade agreement after Britain leaves the EU and has suggested the two countries could engage in short-term "scoping decisions" on trade prior to Brexit.
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EU Official Signals Punitive Brexit to Prevent "Contagion"
January 18, 2017
The Irish Times reports that European Economic Affairs Commissioner Pierre Moscovici has labeled US President-elect Donald Trump's prediction that Brexit might cause other departures from the EU "a bad fantasy" because the "considerable" costs of the UK's departure from the EU would deter other countries from leaving.
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Dutch Official Calls for EU Deal on UK Corporate Taxes
January 18, 2017
The Guardian reports that the Deputy Prime Minister of the Netherlands, Lodewijk Asscher, has asserted he will seek to require the UK to sign up to regulations on corporate tax avoidance, preventing the country from becoming a successful "tax haven" outside of the EU, before agreeing to any post-Brexit EU trade deal with Britain.
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Shipping Companies Object to EU Emissions Plan
January 17, 2017
Reuters reports that representatives of the shipping industry have objected to an EU vote to include shipping companies in the bloc's emissions trading system, which applies a tax to businesses to offset their greenhouse gas emissions, arguing that the unilateral application of emissions rules would "create market distortion while generating trade disputes."
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