Germany’s Merkel: Agreement about Brexit could come in October

Germany’s Chancellor Angela Merkel is reported by Reuters, as saying that an agreement about Brexit could come in October.

Additional Comments:

Trade, multilateral trade system facing huge challenges.

Important that no decision like imposing punitive tariffs are made that do not conform with WTO.

There are second-round effects of us-china trade conflicts on the US.

The EU is protecting Germany in a trade dispute with the US.

We are seeing pleasing trends like China opening its markets we also see China is increasingly becoming a competitor.

It is not clear exactly what Britain wants.

You can’t belong to a single market if want to stick to one of its principles but not the other three.