Brexit customs: anti-dumping measures

SCENARIO:  EU anti-dumping legislation will no longer apply to the UK.

EFFECT:  Increased competition and price pressure from foreign competitors is likely to result in the absence of “clout” that a large trading block such as the EU can muster.  If the UK introduces its own anti-dumping measures, “tit for tat” retaliation or pressure on other trade deals being negotiated might result, driving the UK into a corner or compromising position.  Certain UK sectors such as industrial / automobile, steel or energy products might be affected adversely.

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