# Britain, EU Strike Pessimistic Tone in Post-Brexit Trade Talks

> Britain and the EU struck a pessimistic tone in post-Brexit trade talks on December 17, with a UK spokesman saying no agreement was 'very likely' unless the EU changed its position. Both sides were trying to protect roughly a trillion dollars of trade from tariffs and quotas when the transition period ends on December 31.

- Date: 2020-12-17 · published 2020-12-17T12:00:00.000Z
- Category: policy · region UK/EU · magnitude low
- Page: https://feedsoft.ai/events/49917-britain-eu-strike-pessimistic-tone-in-post-brexit-trade-talks
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Without a deal, tariffs and quotas on UK-EU trade would apply from January, raising costs for feed and food imports. The article shows no direct effect on grain prices.

## Read by commodity

- GBPUSD: bearish ▼

## Sources

- gcaptain.com: https://gcaptain.com/britain-eu-strike-pessimistic-tone-in-post-brexit-trade-talks/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.