Brexit has caused UK-EU trade flows to fall by 16%, while EU-UK trade has dropped 20%, according to a report today by the Economic and Social Research Institute (ESRI).
Based on data by HMRC and Eurostat, ESRI said the impacts it had quantified were solely as a result of Brexit, and pointed to “a significant decline in trade with the UK” by EU members.
ESRI said the impacts were measured in isolation …
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