Sir Ed Davey said a deal with the EU could strengthen the UK against the risk of American trade tariffs.
The main conceptual idea of the article is that Liberal Democrat leader Sir Ed Davey believes Prime Minister Sir Keir Starmer should initiate talks with the EU about creating a new customs union.
Davey argues that this would:
* Boost the UK economy: He believes it would "put rocket boosters" on the UK economy.
* Strengthen the UK's negotiating position against the US: He cites the risk of American trade tariffs as a reason for closer ties with the EU.
While the current government has ruled out rejoining the existing customs union, Davey suggests a smaller, Pan-Euro-Mediterranean trade deal as a potential first step towards a full customs union. He urges Chancellor Reeves to assess the economic impact of a new customs union.
The main conceptual idea of the article is that Liberal Democrat leader Sir Ed Davey believes Prime Minister Sir Keir Starmer should initiate talks with the EU about creating a new customs union. Davey argues that this would: * Boost the UK economy: He believes it would "put rocket boosters" on the UK economy. * Strengthen the UK's negotiating position against the US: He cites the risk of American trade tariffs as a reason for closer ties with the EU. While the current government has ruled out rejoining the existing customs union, Davey suggests a smaller, Pan-Euro-Mediterranean trade deal as a potential first step towards a full customs union. He urges Chancellor Reeves to assess the economic impact of a new customs union.
