It’s a good deal, but only for the EU. They have a goods trade surplus with the UK and they retain their free trade agreement. The UK has a services trade surpl

It’s a good deal, but only for the EU. They have a goods trade surplus with the UK and they retain their free trade agreement. The UK has a services trade surplus with the EU (particularly financial services) and that is not included in the deal. It’s not all that surprising that the UK lost out in the negotiations - this is what tends to happen when a smaller economy negotiates with a larger one.