AGP Executive Report
Last update: an hour agoEU–Mexico Trade Deal: Mexico and the EU have finally signed a long-stalled modern free trade pact, expanding beyond industrial goods to include services, government procurement, digital trade, investment and farm produce—aimed at diversifying away from the US and cushioning tariff shocks. Brexit Reset Talks: In the UK, reports say Labour tried to rejoin the EU single market for goods, but Brussels rejected it because the UK won’t drop its “free movement” red line. Border Chaos at Dover: Meanwhile, the Port of Dover saw up to four hours of queues as France temporarily suspended extra EU border checks under the entry-exit system, with travellers hit during hot bank-holiday conditions. Energy Pressure on Households: Dutch supplier Essent is raising variable electricity and gas tariffs from July 1, warning of a “double taxation” effect on bills. Food & Consumer Signals: Germany’s plant-based meat alternatives output fell 1.2% in 2025, while UK retail sales dropped 1.3% in April as fuel costs and weak confidence curb spending.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.