Official: UK won't implement new trade deals until after Brexit transition period closes

The United Kingdom will not implement new trade agreements during a two-year transition period it expects to establish with the European Union as it negotiates its exit from the economic bloc, according to the UK's newly appointed director general for North American trade. Antony Phillipson told reporters on Wednesday the UK did not expect to make any changes to its common external tariff while it is a member of the single market. The UK and EU envision a two-year transition...