"Brexit Sparks Food Supply Concerns with New Import Controls"

1 min read
Source: The Economist
"Brexit Sparks Food Supply Concerns with New Import Controls"
Photo: The Economist
TL;DR Summary

Brexit's impact on imports of EU goods into Britain is finally becoming real as the British government will start implementing new border controls on January 31st, leading to increased bureaucracy and potential delays for European exporters. Trade figures show a weaker performance in British goods exports to the EU compared to non-EU countries, while imports from the EU have risen. The new border checks may create upward price pressure and pose challenges for both British and European businesses.

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