Policy Briefing

TCA, Non-tariff Measures and UK Trade

ERC Policy briefing

Associated Themes
  • Internationalisation

The UK exit from the EU generates additional trade costs between the two parties, and the new trade costs are largely non-tariff related. We study how increased frictions due to non-tariff measures (NTMs) have impacted on the UK trade in 2021 after the end of the Brexit transition period when the EU-UK Trade and Cooperation Agreement (TCA) was put in force