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

Brexit 174 Cons. Discr. - Autos 1114 European Union 772 Health Care 343 Industrials - Capital Goods 559 Trade Balance 922 Trade Deals 976 United Kingdom 339

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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