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EU Proposes Major Farmer Subsidies
July 20, 2016
EUobserver reports that the European Commission has proposed an agricultural package of €500 million to ease economic problems facing EU farmers, including by reducing milk production in order to raise dairy prices.
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UK Minister Floats EU Migrant Cut-off
July 20, 2016
The BBC reports that, in order to prevent a migration "surge," UK Secretary for Brexit David Davis has suggested that the UK might provide in the future for a migration cut-off that only permitted EU migrants entering the UK before a certain date to remain following Britain's exit from the bloc.
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Australia Seeks Post-Brexit UK Trade Deal
July 20, 2016
The BBC reports that, as the British Government investigates opportunities to create "about a dozen free trade deals" following the country's exit from the EU, Australian Prime Minister Malcolm Turnbull recently announced to new UK Prime Minister Theresa May his interest in such a deal.
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CETA Hurdles Show EU Protectionism
July 20, 2016
An article in The Economist discusses how the European Commission's decision to require the approval of national and regional parliaments to bring into force the Comprehensive Economic and Trade Agreement with Canada demonstrates growing trade protectionism within the EU and signals danger for future, more controversial trade agreements with the bloc.
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Pro-Brexit Economists Call for Tariff Removal
July 20, 2016
A group of economists in favor of the UK's vote to leave the EU have called for the UK to take advantage of its departure from the bloc to spur economic growth by unilaterally dismantling all of its international trade barriers.
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