U.K. Prime Minister Boris Johnson told the European Union he’ll walk away from the negotiating table in June if it’s not clear he’s going to get a Canada-style trade agreement with the bloc. The pound fell.
London’s negotiating mandate for the next stage of Brexit, released on Thursday, was in many areas close to what the EU published on Tuesday. The main differences were around how closely it will have to stick to EU regulations -- the so-called level playing field, how the deal will be structured and governed, and what access to its waters the U.K. will give other countries’ fishing fleets.
“We want the best possible trading relationship with the EU -- but in the..
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