Business

Brexit Cut Trade Between U.K. and E.U. By Close To 20%, ESRI Says

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Trade from UK to the EU dropped 16% while there was a 20% decline in trade from the EU to the UK, compared to a no-Brexit scenario, the ESRI said in a working paper published Wednesday. The analysis looked at product-level data on goods trade flows for 2021 — the first full year of the UK’s withdrawal from the bloc.



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