The product and sector level impact of a hard Brexit across the EU

The UK exit from the European Union (Brexit) is likely to have a range of impacts, with trade flows one of the most immediate areas where the effects will become evident. One possible outcome of Brexit is a situation where WTO tariffs apply to merchandise trade between the UK and the EU. By examining detailed trade flows between the UK and all other EU members, matching over 5200 products to the WTO tariff applicable to external EU trade this...