Posted 1/26/2024, 3:15:00 PM
UK-Canada trade talks collapse over beef and dairy disputes, dealing blow to UK's post-Brexit ambitions
- UK government walked away from talks with Canada to replace EU-Canada trade deal over disputes on beef, cars, and cheese
- Key sticking point was UK's refusal to relax ban on hormone-treated Canadian beef imports
- Failure to reach deal means worse trading conditions for UK compared to when it was in the EU
- Total UK-Canada trade worth nearly £26 billion annually, with Canada being UK's 13th biggest export market
- Outcome represents a "blow" to UK ambitions to strike better solo trade deals after Brexit