Theresa May’s divided cabinet has agreed that Brexit talks with Labourshould continue, but set a fresh deadline of the summer recess for parliament to pass the necessary legislation to take Britain out of the EU.
Trade War 2019 – That threat was made during talks Friday in Washington, hours after Trump upped the ante by imposing a second round of punitive duties on $200 billion in Chinese goods. China vowed retaliation, but hadn’t announced any details as of Saturday evening in Beijing.
Today in Brexit: With a delay in the bag, Theresa May signals more concessions ahead.
Europe has done it again. Despite French President’s Emmanuel Macron’s reluctance to give the UK a long Brexit extension, the EU leaders have agreed the apparently interminable process can be delayed until October 31, with a school report on Britain’s behavior in June.
Closing summary –
That’s all from us this evening. Thanks for reading and commenting. Here’s a summary of the day’s events:
Lawmakers rejected Prime Minister Theresa May’s Brexit deal for a third time on Friday, sounding its probable death knell and leaving Britain’s withdrawal from the European Union in turmoil on the very day it was supposed to quit the bloc.
European leaders maneuvered to stop a chaotic no-deal Brexit happening next week, handing the U.K. an extra two weeks. The cliff-edge that investors were dreading has been postponed — but a new cliff-edge loom on April 12 when the U.K. will have to decide on the way forward.