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9/17, 2:57 PM (Source: TeleTrader)
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UK to use Internal Market Bill if EU acts in 'bad faith'

The United Kingdom government said on Thursday that it will seek Parliamentary use of provisions for the Internal Market Bill only if the European Union decides not to act "in good faith."

"Examples of that would be an insistence that Great Britain (GB)-Northern Ireland tariffs and related provisions such as import VAT should be charged in ways that are not related to the real risk of goods entering the EU single market," the government statement explained.

Earlier, British Prime Minister Boris Johnson (pictured) stressed that the intention of the bill is to protect the "economic, political, and territorial" integrity of the country, while EU's Ursula von der Leyen slammed the legislation and firmly pointed out the Brexit agreement can't be unilaterally changed.

Breaking the News / AM