U.S. and others urge UK, EU to address TRQs during Brexit extension

The U.S. and other World Trade Organization members on Thursday called on the European Union and the United Kingdom to use a Brexit deadline extension to address issues with the way the EU is proposing to adjust its tariff rate quotas once the UK has departed. “While the US is supportive of the UK establishing itself as an independent member of the WTO, it will not accept an EU-UK approach to TRQs that is prejudicial to our existing rights,” the...