The United Kingdom is moving forward with Brexit, though the details of a trade deal with the European Union remain up in the air:
“Currently, the U.K. is and will remain subject to EU trade laws until Dec. 31, 2020. Thanks in part to Prime Minister Boris Johnson’s new parliamentary majority, he has expressed optimism that the U.K. and EU can draw up and ratify a trade agreement by that deadline to avoid costly economic disruption and trade barriers.”
P.S. Trade concerns could increase costs throughout the supply chain. 8th & Walton advisors help suppliers run a nimble business and keep costs down as much as possible — whether their production is state-side or international. Work with our advisors to stay ahead of changes that could impact your business. Book a consultation today.