Crucially, keeping the customs union would also "go some way to resolving the thorny question of the Irish border, and would allow the United Kingdom to keep its red line of controlling immigration", says Bloomberg. They have insisted the United Kingdom must remain in a union if a hard border with the Republic of Ireland or a sea border within the United Kingdom is to be avoided.
Next month, MPs will vote on an amendment to the government's Trade bill which seeks to keep Britain in a customs union with the EU.
United Kingdom media (including the Guardian, Independent and Times) are reporting that May could face a cabinet revolt over her comments affirming that they would leave the European Union trade arrangement and wouldn't join a similar one.
Mrs May is on record as saying Britain will leave both the EU's single market and customs union as part of Brexit.
Mrs May, who has made leaving the customs union central to her Brexit plans, said being a member would leave Britain unable to negotiate crucial free trade deals with the rest of the world.
US Treasury chief may visit China as trade tensions simmer
He said they also discussed China's planned further opening of some markets, a move that USA has encouraged and "appreciated". Trump ramped up trade threats against China.
Downing Street insisted the Government's position had not changed since Mrs May delivered her Mansion House speech in March.
Politicians, including 10 pro-Remain Tories, are expected to voice their concerns regarding Mrs May's insistence that Britain should leave the customs union when Brexit comes into effect next year.
Chairwoman of the Commons Treasury Committee Ms Morgan said her pro-customs union move was not meant to pose a threat to Mrs May and her grip on power.
Though the looming Commons vote on a pro-customs union motion would be a symbolic, non-binding one, it has the potential to deepen Tory wounds on Brexit.
Asked if the Prime Minister might shift her policy, Mr. Whatever one's view on the referendum result, it must be acknowledged that, outside the European Union, this country will enjoy a new degree of economic agility.
The Lords could deliver new defeats on the government regarding incorporating the European Union charter of fundamental rights into United Kingdom law, and pressing to ensure MPs get to decide what happens next if the Commons rejects a final Brexit deal with Brussels.
In February, Kerr was a signatory to an ERG letter calling for "full regulatory autonomy" insisting the the United Kingdom should not be a "rule taker without any substantive say in whatever Brussels decides".