Prime Minister Rishi Sunak's plan to abolish thousands of EU laws by the end of this year risks triggering a " This was reported by The Guardian.

Leading EU policymakers have found deep concern that the UK is about to lower standards in areas such as the environment and workers' rights, violating the "

In response, the European Commission, the European Parliament and the EU Council of Ministers are preparing what they call their own " Sources say they will no doubt include the option of imposing duties on British goods entering the EU single market..

A dispute sparked by the Sunak government's determination to scrap thousands of EU laws to show it is 'finishing Brexit' now risks damaging EU-UK relations. It happened just as London and Brussels seemed to have reached a tentative agreement on Northern Ireland..

The prospect of a trade war with the EU comes amid growing evidence Brexit is hurting the UK economy. Last week, the International Monetary Fund (IMF) said it expects the UK to develop more slowly than any other leading G7 industrial nation and even Russia, which is experiencing economic exhaustion from the war with Ukraine..

[see_also ids\u003d"

Paul Johnson, director of the Institute for Fiscal Research, said labor shortages and other 'Brexit-related challenges' caused UK performance to be sluggish. The latest post-Brexit poll shows that 58% of British voters are now in favor of returning to the EU - the highest level since the 2016 referendum - and only 42% want to stay out of the bloc.

Under the TCA, the UK has agreed to maintain high standards of labor and social protection, the environment, the climate and other areas to ensure a fair trade environment with the EU, in exchange for the EU agreeing to duty-free access to the single market for British manufactured goods..

But Sunak's attempt to repeal much of the EU legislation over the next 10 months risks triggering another Brexit-related economic crisis..

Recall that Rishi Sunak is developing a strategy for the second stage of economic transformation, it was reported back in November last. Then he managed to calm the financial markets, taking as a first step after taking office a tough fiscal program based on a significant increase in taxes.. However, this is not enough for his political opponents..