TRADE FUTURE
No-deal Brexit better than EU offer, says Theresa May
May’s comments refer to the type of trade deal the EU is offering
New York — Prime Minister Theresa May signalled on Tuesday that she would prefer a "no-deal" Brexit to the offer currently put forward by the EU, stressing that Britain needs to see counter-proposals from the EU to move Brexit negotiations forward. "I’ve always said no deal is better than a bad deal. I think a bad deal would be a deal that broke up the United Kingdom," May said when asked whether a no-deal Brexit was better than one similar to the existing Canada-EU trade deal. Her spokesperson said later that May was specifically referring to the type of deal the EU is offering on future trade, which Britain believes will split England, Wales and Scotland from Northern Ireland by insisting Northern Ireland adhere to different customs rules. Her position also effectively rules out alternative Brexit proposals put forward by rebel eurosceptic members of her own party, which are based on a wide-ranging free trade agreement similar to that agreed between the EU and Canada. Last week Ma...
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