The UK is facing a precarious and volatile period for global trade. The picture for UK trade has been lacklustre in recent years. It has exercised its post-Brexit independent trade policy to rack up a series of roll-over deals and new trade agreements with countries such as Australia and New Zealand, but larger deals have proved elusive, and the change to the UK-EU relationship has reduced goods flows in both directions.
In this report we set out what the direction of the government's upcoming trade strategy should be: focussed on green, inclusive growth, while meeting the UK’s geopolitical objectives and securing economic resilience for critical sectors.
