With the EU, all members have to agree and that means the interests of 28 countries are going to be at play vs one country (unless agreement with another trading block).
This means that many EU trade deals won't be as favourable for any single country, more so with some than others due to the amount of compromises.
This does not even factor in tariffs that are in play to protect industries that some members have no interest in and as such negatively impact them.
It's like trying to agreeing a meal that everybody will eat between two people over agreeing a meal of nearly 30 people, and comparing steak with gluten free bread in some cases.
Remember trade deal can encompass everything or area's of trade/industry. That is when having just two parties becomes a positive.
Still, volume always helps, but more than enough upsides to offset that.
But this takes time, luckily much easier without everybody elses interests coming into play, as you have with trade blocks that have many members to all appease.
Just look at how one vote against in the UN can kill of any moving forward and see how that can work out and you will start to see that volume at that price, is not as idyllic as it seems for trade deals.
This does not even factor in tariffs that are in play to protect industries that some members have no interest in and as such negatively impact them.
It's like trying to agreeing a meal that everybody will eat between two people over agreeing a meal of nearly 30 people, and comparing steak with gluten free bread in some cases.
Remember trade deal can encompass everything or area's of trade/industry. That is when having just two parties becomes a positive.
Still, volume always helps, but more than enough upsides to offset that.
But this takes time, luckily much easier without everybody elses interests coming into play, as you have with trade blocks that have many members to all appease. Just look at how one vote against in the UN can kill of any moving forward and see how that can work out and you will start to see that volume at that price, is not as idyllic as it seems for trade deals.