'This is a massive challenge': UK and Ireland at loggerheads over post-Brexit and trade [CNBC]
JP Morgan Chase & Co. (JPM)
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Source: CNBC
PAUL FAITH/AFP/Getty Images Cars cross the controless border between Ireland and Northern Ireland, in Donegal, Ireland on June 25, 2016 Ireland will veto Brexit trade talks with the U.K. until complex issues surrounding its border with Northern Ireland are resolved, the country's EU commissioner said Sunday. Phil Hogan said Ireland could veto the talks between the U.K. and the European Union (EU) if it is not given assurances that there will be no hard border between Ireland and Northern Ireland after Brexit. The EU has said also that sufficient progress must be made on the Irish border issue before it will give the green light to trade talks at a summit in mid-December. But Liam Fox, the U.K.'s international trade secretary, has said that the border issue could not be settled until a trade deal was agreed — putting Ireland and the U.K. at odds over whether the border or trade comes first. The issue of a hard border is controversial, b
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