German companies are already noticing a decline in sales to Britain. They’re pinning their hopes on a soft Brexit that takes the needs of business into account.
During meetings with EU leaders, US President Donald Trump threatened to curb the sale of millions of German cars in the US. In comments leaked to German press he said Germany was acting in a bad way.
The EU's top court has ruled that national parliaments have the right to veto an EU free trade deal with Singapore. The decision could impact the UK's strategy as it seeks to quickly hammer out a Brexit trade agreement.
EU ministers have given Michel Barnier the mandate to start Brexit negotiations. Talks are to begin in mid-June, after the UK’s general election. Citizens' rights are the first item up for discussion.
Angela Merkel has promised that Britain will be "treated fairly" by the EU after it leaves the bloc while also reiterating that Brexit would come at a price. Negotiations on the UK's departure are set to begin in June.
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