Britain Wants an Interim Customs Union With EU to Smooth Brexit Path
- Proposal set out as part of series of Brexit position papers
- Next round of talks scheduled in Brussels starting Aug. 28
The U.K. Government will look to maintain a period of tariff-free trade with the European Union after Brexit as part of its plans for future relations with the EU. Bloomberg's Svenja O'Donnell reports on 'Bloomberg Surveillance.' (Source: Bloomberg)
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The U.K. government said it wants to maintain tariff-free, bureaucracy-light trade with the European Union for a period of up to two years after Brexit, a proposal cheered by British businesses but which is likely to raise eyebrows on the continent.