Brexit Watch: Prime Minister the Primary Problem as Import Panic Subsides — Panjiva
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Brexit Watch: Prime Minister the Primary Problem as Import Panic Subsides

Brexit 73 Elections 52 European Union 424 Health Care 115 Trade Deals 713 United Kingdom 197

The growth in international trade activity in the U.K. slowed to just 1.0% year over year in April after a 12.8% growth in 1Q 2019. Unsurprisingly that was led by a drop in trade with the EU with imports down 6.3% and exports by 6.8% in response to the delayed Brexit process. The latter is currently on pause while the ruling Conservative Party chooses a new Prime Minister. The leading candidates – Boris Johnson and Jeremy Hunt according to betting markets – are both committed to a “no-deal” Brexit if the EU doesn’t renegotiate the Withdrawal Agreement and / ...

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