Exports to the Eu. Are Significantly Down From Where They Would Have Been

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Exports to the e u. are significantly down from where they would have been, maybe 15 % down from where it would have been. That's because smaller companies have found it much, much harder to deal with all the red tape thrown up by the u k's exit from theu Single market. And so you know, what this does is pointidg to the fact that the stock of embryonic, smaller uk. businesses who are learning to trade internationally,. is being crimped and curtailed by brexet. The risk is that that has longer term impacts down the line.

US tech stocks fell to their lowest level in more than a year, the Brexit trade deal has caused a “steep decline” in UK trade with the EU, Chinese businesses have scoured the globe for important strips of land including islands in the South Pacific.

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UK-EU trade relationships tumble after Brexit

The Chinese companies trying to buy strategic islands

US steps up efforts to court Solomon Islands after China security deal

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The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva, and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.

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