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With the UK exiting the single market and customs union in 2021, companies doing business with the EU face new rules, new paperwork and new scrutiny on some good
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Doubts have been expressed over what will happen to the £550 billion trade between the UK and its closest trading partner
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There was an initial drop in the amount Britain exports to the EU, with trade volumes returning to pre-pandemic levels, according to official data.
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When the British Chambers of Commerce recently surveyed 500 firms, more than half said they were still struggling with the new system.
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On the other hand, it has made it easier for domestic food producers to compete, with economists saying they would have received a £5 billion boost.
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Most countries saw international trade fall at the height of the pandemic; since then, the rest of the G7 countries have seen trade, when compared to the size of their economies, not the UK.
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There have been 71 trade deals in total, which is rapid progress, but the vast majority replicate deals made when the UK was part of the EU.
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