The uk government pushes for a Frictionless Trade Deal to help ease its transition towards a post brexit future. Putting america first. Donald trump calls for an investigation into whether china is stealing Intellectual Property from american companies. Welcome to World Business report. Im ben bland. The british Prime Minister theresa may has this morning, published a blueprint for Future Trade Relations between the uk and the european union. In the first of a series of brexit papers, the government suggested creating an interim period of trade, saying one possible approach would be a temporary Customs Union between the uk and the eu. That means they would continue applying the same tariffs to goods from outside the union which can then move between them without more tariffs being added. The governments Brexit Committee hopes a time limited transition period will give importers and exporters enough time to adjust to the realities of brexit. In a bid to create what it calls a seamless a
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