British exporters sending goods to far-flung destinations in the coming days risk being locked out of harbours around the world as a no-deal Brexit looms, business leaders have warned. But as the likelihood of a no-deal Brexit grows, some ministers and officials have returned to the work in search of emergency levers to pull in the event of a downturn, the Guardian has been told. A no-deal Brexit won’t result in a siege. The UK exports roughly £5bn worth of goods, on average, to the 60 countries that have free trade agreements with the EU. They warned, however, that these might come with higher tariffs set under World Trade Organization rules, which would be higher than existing arrangements.

Source: The Guardian February 07, 2019 14:33 UTC