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Britain and Europe Are Moving Beyond Brexit. Now for the Real Trade-Offs

  • In May 2025, leaders from the UK and the EU signed a landmark agreement in Brussels and London to refresh their collaboration on trade, security, and the movement of people.
  • The deal resulted from shifting geopolitical realities such as the Ukraine war, shared security threats, and changes in US foreign policy priorities.
  • Key elements include extending EU fishing licenses in UK waters for 12 more years, UK exemption from EU carbon tax, a youth mobility scheme for ages 18 to 30, and UK participation in the EU's €150 billion defense fund.
  • The UK will save approximately £800 million in EU tariffs, British steel exports gain £25 million annual protection, and the agreement introduces pet passports and eGate access for UK travelers.
  • While hailed as historic by leaders, the deal faces domestic criticism in the UK as a betrayal of Brexit, yet it signals a necessary adaptation to current global and regional challenges.
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nebula.tv broke the news in on Wednesday, May 21, 2025.
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