The potential impact of Brexit without a trade deal
Dec 10, 2020 21:09 UTC
The EU is Britain’s biggest trading partner, accounting for 47% of its trade in 2019. It had a trade deficit of 79 billion pounds ($106 billion) with the EU, a surplus of 18 billion in services outweighed by a deficit of 97 billion pounds in goods. Even with a Brexit trade deal, Britain’s reasonable worst-case scenario is that 7,000 trucks bound for the continent could stack up in the southern English county of Kent.
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