EU sees tough Brexit stance prompting temporary U.K. retreat

The risk of a trade war between the European Union and the U.K. may be receding, with the bloc suggesting its forceful negotiating stance led to a softening in London's position.

Foto: AFP

The European Commission, the bloc’s executive arm, briefed ambassadors on Wednesday that the U.K.’s threat of ditching parts of the Brexit agreement relating to Northern Ireland may be off the table for now, according to a diplomatic note seen by Bloomberg. The EU is considering tearing up its trade agreement with the U.K. if it follows through.

The ambassadors were also told that the EU’s vigorous response seems to have played a role in improving the mood of the negotiations and that the U.K. appeared more willing to engage in the talks...

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