Will Boris Johnson agree a trade deal with the EU?
Yes. That is his aim and he has a good chance. By announcing the deadline will be set in law, however, the prime minister has set his sights low. It will be near-impossible to negotiate much beyond a bare bones deal covering trade in goods during the time available.
Mr Johnson has emphasised his aim is to remove tariffs and quotas on all goods trade. The EU27 also have an interest in such a deal; collectively they have a large surplus in trade in goods. But there will be pitfalls. Watch out for French insistence that fisheries be included in any deal and that Britain give assurances that it will not seek to undercut EU standards on labour and the environment. Philip Stephens
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