The European Union (EU) Trade Commissioner Phil Hogan was out with some comments in the last hour and said that we will not get everything done for a UK-EU trade deal by year-end.
Hogan also used some harsh words for China and said:
- We are very open, China is not open not opening up as promised.
- China is looking for dominance, influence geopolitically through trade and investment.
- Cannot let Chinese dominance put EU companies out of business based on unfair subsidies.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.