Brexit baggage continues to weigh on U.K. trade activity — Panjiva
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Brexit baggage continues to weigh on U.K. trade activity

Brexit 175 Cons. Discr. - Autos 1179 European Union 826 Health Care 353 Industrials - Capital Goods 582 Trade Balance 932 Trade Deals 1000 United Kingdom 369

U.K. trade and customs policies remain in flux. The government plans to tighten import regulations to levels commensurate with the EU-U.K. Trade & Cooperation Agreement from October onwards. Yet, it is also reportedly reconsidering current trade arrangements for Northern Ireland and may implement a system of free ports with uncertain tariff benefits. All that comes as U.K. trade activity remains depressed. There was a 9.8% year over year increase in bilateral merchandise trade in March but that left 2021 activity 16.5% lower than March 2019 due to a 26.5% slump in imports from the EU. Th...

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