In a dramatic turn of events, negotiations between the UK and Canada for a post-Brexit trade deal have crumbled after nearly two years, with a heated dispute arising over beef and cheese. Canada has been adamant about the UK easing restrictions on hormone-treated beef, claiming that the current ban effectively excludes them from the British market. On the other side of the table, the UK expresses deep concerns over Canada imposing steep import taxes, reaching up to 245%, on British cheese products.
The deadlock in these talks has sparked intense reactions from both sides, with Minette Batters, the president of the National Farmers' Union of England and Wales, expressing relief that the UK government did not yield on the matter of hormone-treated beef. As the fallout from these failed negotiations reverberates, the impact on trade relations and the economic landscape remains uncertain. Stay tuned for further updates on this critical development in the post-Brexit trade landscape.
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