In the News
Post-Brexit Trade Deals - State of Play for the UK

27th January 2024
The Guardian summarises the state of play regarding the UK's trading relationships, and those trade deals that have been agreed and those that remain to be agreed.
The net effects of deals with Japan, Australia and New Zealand isn't going to be massive, although membership of the CPTPP might have greater effect, not least as these economies grow. That said, there are a number of notable deals yet to be struck - with the US and India.
Britain and Canada have halted trade negotiations after talks fell apart in a disagreement over food, specifically beef and cheese, but other sectors are also set to be impacted.https://t.co/n20VwZbHtl
— City A.M. (@CityAM) January 26, 2024
This BBC article looks at the implications of the failure of the UK and Canada to agree a trade deal for three of the main sectors of industry: cheese, beef and cars. Beyond the minutae of the sectors though - have a quick look at the overall impact of the putative trade deal - trade between the UK and Canada only accounts for 1.4% of total trade, so even if the deal is concluded it isn't going to have a major impact upon the UK economy.
So Britain can’t even negotiate a Canada-style free trade agreement with Canada. Meanwhile Brexiteer fantasies of free trade deals with America and China (!!!) have predictably come to nothing. What a spectacular act of national self-harm https://t.co/axFlvxiQF7
— Simon Nixon (@Simon_Nixon) January 26, 2024
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