The U.K.’s decision to postpone border checks on goods coming from the European Union until next year has delighted the country’s importers — but left some exporters angry.
The U.K. government says it will delay imposing post-Brexit checks on imports coming from the European Union in a bid to avert disruption to supplies this summer.
The conclusion of an agreement for Great Britain’s exit from the European Union probably couldn’t have happened at a worse time, coming as it did on the heels of the coronavirus pandemic.
This year, the focus is on determining what broke down across supply chains during 2020, and figuring out what changes need to be made to drive success in 2021.
U.K. Chancellor Rishi Sunak unveiled a roster of eight English freeports, low-tariff business zones being created to stimulate trade and investment in the wake of Brexit and the coronavirus crisis.
A surge of imports into the U.S. economy shows little sign of slowing down, clogging American ports and highlighting ways the pandemic is still causing imbalances in the global recovery.