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One year after Britain's formal exit from the European Union, London's powerful City financial sector still reigns on the continent despite losing key business and bankers to rival hubs
Great Britain has missed a crucial deadline set by the European Union concerning the UK-EU withdrawal agreement. Therefore, several measures are being considered by the EU right now and sanctions might be imposed in the upcoming months.
The World Trade Organization in Geneva announced that the European Union has the right to impose nearly $ 4 billion in tariffs on US imports annually in retaliation for unfair US support for Boeing.
EU officials worry that the European elections in a month's time could open the door to a new wave of populist, anti-EU politicians hell-bent on wrecking the bloc's modus operandi. But the populists' success will depend on their ability to work together.
The British prime minister Theresa May is trying to reach an agreement with the EU regarding the Brexit and the Irish border problem amid the resignation of three members of parliament from her Conservative Party.