The UK is considering joining the Pan-Euro-Mediterranean Convention (PEM) to facilitate tariff-free trade across Europe, North Africa, and the Levant, as part of post-Brexit negotiations with the EU. While business groups support the move to maintain supply chains, the UK government has not yet pursued this option. Despite some initial consultations on the benefits of PEM, a UK minister rejected the proposal, prompting criticism from the Liberal Democrats for potentially missing out on economic opportunities.
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The EU doesn’t need a deal with Trump
Ursula von der Leyen is meeting Donald Trump in Scotland to discuss trade as tariff deadlines approach, drawing insights from her recent summits with Japan and China. The article argues that the EU should not concede to US pressures, highlighting the unpredictable nature of Trump's negotiations and suggesting that both the US and EU have more to lose than appears. Want More Context? 🔎
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