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Foreign Policy
Foreign Policy
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Caroline de Gruyter, Michael Moran, Nima Sanandaji, Klas Tikkanen

FOUND: Trade deals primarily promote stability not trade - What They Never Told You

EU Council staff members remove the United Kingdom’s flag from the European Council building in Brussels on Jan. 31, 2020. Olivier Hoslet/AFP/Getty Images

The EU-UK Trade and Cooperation Agreement (CTA) isn’t like most trade deals. As the EU’s lead negotiator Michel Barnier noted recently, “This is a divorce,” not a union. Perhaps it’s fitting, then, that the European Parliament vote on ratification comes amid new threats of retaliation from Europe and lingering questions over the future of economic cooperation in the continent.

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