A commerce battle can be a headache for companies on each side, which have already been battered by Covid, hovering international vitality costs and a supply-chain crunch. The EU is the U.Ok.’s largest buying and selling accomplice, the vacation spot for 43% of Britain’s exports, and the supply of 52% of its imports. Firms from each side would lose market entry, and European fishermen can be minimize out of U.Ok. waters. If the battle had been to spiral uncontrolled, the hard-fought peace and stability in Northern Eire might, in the end, be in jeopardy.
https://www.washingtonpost.com/enterprise/what-is-article-16-and-why-is-it-reviving-brexit-wars/2021/11/12/5e1c245e-439f-11ec-9404-50a28a88b9cd_story.html?utm_source=rss&utm_medium=referral&utm_campaign=wp_business | What Is Article 16 and Why Is It Reviving Brexit Wars?