Skip to content
CityAM
Main navigation
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • Canada BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      2026 World Cup: England only attract half as many bets as Norway to lift trophy

      Breaking news concept with digital globe and financial charts, signifying global economy and stock market trends.

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
    • From our partners
      • The Morning Briefing: SBS x CityAM
      • Aramco Team Series
      • LIV Golf
    • Featured

      2026 World Cup: England only attract half as many bets as Norway to lift trophy

      Breaking news concept with digital globe and financial charts, signifying global economy and stock market trends.

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Old Pulteney releases 50-year-old whisky for 200th anniversary

      Old Pulteney 50-Year-Old single malt Scotch whisky bottle with elegant packaging on display, highlighting luxury and craft...

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Latest Paper
Wednesday 22 January 2020 6:30 am  |  Updated:  Tuesday 21 January 2020 11:19 pm

Can the UK deal with both Brussels and DC?

By: Andy Silvester

Add as a preferred source on Google
Boris Johnson to attend German summit on Libya conflict
Boris Johnson to attend German summit on Libya conflict

To take Donald Trump literally, but not seriously, is a mistake that many have made since he transitioned from waning reality TV star to political insurgent and leader of the free world.

It is true that many of his chosen and oft-quoted facts are at best disputable, and his tweeted assaults on the English language are enough to make any linguist wince. But for all the smug fact-checkers pointing out his (literal) inaccuracies and inconsistencies, the serious message gets through — a business-friendly strongman who is willing to go further, and faster, than anybody else to get what he wants, no matter the international opprobrium.

It certainly seems to have been understood by the French, who are retreating at some speed from their plans for a unilateral digital services tax after being hit by a particularly punchy presidential barrage.

The EU, however, is very much a literal being; it lives and dies by rules and regulations, treaties with single clauses the subject of interminable negotiations between member states. The air wars are mere sound and fury; what matters in Brussels is the ink on the page.

If the British government is to successfully navigate the next year of trade negotiations, with both Europe and the US, it will need to play both games at once. Over the weekend, Sajid Javid took the Trumpian route, though he won’t appreciate the comparison.

In essentially repeating manifesto commitments to leave the single market and telling bosses to like it or lump it, he sent both UK businesses and European politicians into apoplexy, forcing the government to row back yesterday and promise car makers there will be no cliff edges and that Britain still wants an agreement with the EU that protects supply chains.

So as the government’s policy remains to have a European cake and eat an American one, too, it is about to embark on extremely complex parallel negotiations with two wildly different entities: a White House that shoots from the hip and behaves in unorthodox ways to get what it wants, and a European Union that wraps itself in legalese in order to protect its interests.

The formation of a joined-up team, as we report today, is a welcome sign that the government plans to take both strands seriously and attempt to keep both of its negotiating feet steady on what will be a narrow tightrope.

This will be a mighty test for a country that hasn’t negotiated its own terms of trade for decades, but if approached correctly there are significant gains to be had.

Main image: Getty

Read more

Two-tier taxes are not the way to get Britain back to work

Robert Jenrick speaking at a press conference, addressing current policy issues, wearing a suit and standing behind a podium

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Opinion

Categories

  • Opinion

Trending Articles

  • As it happened: FTSE 100 relief rally runs out of steam as BP and Shell weigh; Oil hits three-month low

  • Rolls-Royce shares surge as SMR unit bags multi-billion pound Swedish nuclear contract

  • Rathbones to suspend thousands of client account inflows after FCA probe deals £530m blow

  • London Tech Week sums up everything wrong with UK tech

  • KPMG’s Summer Friday half-day rollback signals deeper woes for Big Four giants

More from CityAM

  • Two-tier taxes are not the way to get Britain back to work

    Opinion
    Robert Jenrick speaking at a press conference, addressing current policy issues, wearing a suit and standing behind a podium
  • What will markets make of the new chair of the Fed?

    Opinion
    Kevin Warsh, former Federal Reserve governor, speaking at a business conference, discussing economic policies.
  • I’m a digital strategist, here’s why I’m worried about social media

    Opinion
    Tiktok appeals to overturn US ban in a broader battle for tech regulation
  • The EU has regulated itself out of the AI race but the UK is still in the game

    AI
    Keir Starmer and Ursula von der Leyen in discussion at a political summit meeting, emphasizing UK-EU relations.
  • Labour MP: Social media ban risks locking young people out of learning

    Opinion
    Getty Images logo on a digital screen, symbolizing media and photography industry presence in news and business contexts
  • Tech Week proves London can build the future

    Opinion
    Attendees networking at London Tech Week 2026 showcasing innovation and technology advancements
  • John Healey has delivered a fatal blow to Starmer’s premiership

    Opinion
    Defence secretary John Healey is leading calls for further investment in the sector.
  • I was defence secretary, here’s how we fund our armed forces

    Opinion
    Business professionals in a modern office discussing a strategic plan with charts and graphs displayed on a large screen

CityAM Canada — business, markets and opinion for Canadian readers.

Sections

  • Business
  • Markets
  • Tech
  • AI
  • Economics
  • Opinion
  • Cities

Company

  • About
  • Contact

Legal

  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 CityAM Canada. All rights reserved.
Terms · Privacy · Cookies