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.