EU Will Ban Post-Brexit Britain From Cutting Taxes, Supporting National Industry in Article 50 Negotiations

‘The European Union will seek to establish a Brexit deal with the United Kingdom which prevents its government from cutting taxes, scrapping burdensome regulations, or supporting industries through more liberal state aid.
The president of the European Council, Donald Tusk, laid out the bloc’s draft guidelines on the upcoming Brexit negotiations in Malta. “Any free trade agreement should be balanced, ambitious and wide-ranging [but] cannot, however, amount to participation in the Single Market or parts thereof, as this would undermine its integrity and proper functioning,” he stated.’
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