The ongoing negotiations between the EU and the UK about the terms of Brexit show little sign of a breakthrough. But the UK press coverage only tells half the story. Pressure is growing on other global trading relationships, with China/US sanctions and emerging instability in the Turkish economy.
As Frankfurter Allgemeine reports today, the UK is the 5th largest export economy for Germany, but does not figure in the top 10 countries for imports.
Will the realities of growing protectionism lead to a change of stance by both UK and EU negotiators, realising how lucky each is to enjoy frictionless trade?
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