Brexit will cost the UK up to 30 times more than it will gain back from striking a Trump trade deal - Creak News

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Brexit will cost the UK up to 30 times more than it will gain back from striking a Trump trade deal

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  • The UK government has published its own assessment of the potential benefits of striking a post-Brexit trade deal with Donald Trump.
  • The analysis suggests a deal could increase the size of the UK economy by up to 0.2% over fifteen years.
  • However, previous UK government analysis suggests that leaving the EU will shrink the economy by up to 6.7% over the same period.
  • Visit Business Insider's homepage for more stories.

Brexit will cost the UK economy up to 30 times more than the country hopes to gain back from securing a new trade deal with Donald Trump, new official figures suggest.

The UK's Department for International Trade on Sunday evening published its objectives for talks with Trump's administration ahead of negotiations getting underway later this month.

See the rest of the story at Business Insider

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