No. 10 Plan Restricts Chances of US Trade Deal, Makes UK Rule-Taker on Goods and Agri-Foods
Guido can reveal the top lines from Number 10’s proposal laid out to Cabinet:
There will be a “common rule book” between the UK and EU on all goods, including agri-foods
UK will commit by treaty to mirroring EU rules and face “consequences” if we ever seek to diverge on anything
Their plan on regulatory alignment would “not allow the UK to accommodate a likely ask from the US in a future trade deal” re mutual recognition of standards. Number 10 say this does not rule out the chances of a US trade deal.