Article 3Y58H UK plan to become exporting superpower will be stifled by Brexit | Ngaire Woods

UK plan to become exporting superpower will be stifled by Brexit | Ngaire Woods

by
Ngaire Woods
from on (#3Y58H)

Government's ambitious strategy does not provide any clarity for British firms

The British government has launched its plan to turn the United Kingdom into an "exporting superpower". It is an ambitious, if not entirely fanciful, goal.

Given the escalating trade war between the US and China, countries around the world are rushing to consolidate their trade relations and preserve existing supply chains. Not so the UK, which is in the final stages of negotiations to withdraw from the European Union - a move that will upend its relationship with its single largest trade partner. The country will soon become not just a lesser exporter but also a lesser power.

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