EU Mulls Terminating Brexit Trade Deal If U.K. Rift Deepens
British Prime Minister Boris Johnson has threatened to unilaterally suspend parts of the Northern Ireland Protocol, which governs trade between the province and the rest of the U.K., using the powers granted in Article 16 of the pact. European officials have been discussing the need to prepare a powerful response.
Shutting down the trade accord sealed on Christmas Eve last year would play havoc with a British economy already plagued by supply shortages, and would also impose costs on European businesses with clients in the U.K.
British Prime Minister Boris Johnson has threatened to unilaterally suspend parts of the Northern Ireland Protocol, which governs trade between the province and the rest of the U.K., using the powers granted in Article 16 of the pact. European officials have been discussing the need to prepare a powerful response.
Shutting down the trade accord sealed on Christmas Eve last year would play havoc with a British economy already plagued by supply shortages, and would also impose costs on European businesses with clients in the U.K.