Non-tariff barriers do most of the Brexit economic damage
Modelled long run aggregate GDP impact compared to today's arrangements %
Tariffs
Non-tariff barriers
New trade deals
Created with Raphaël 2.1.2
X
−1.40%
0.10%
No deal
−6.50%
0.20%
Average Free Trade Agreement Scenario
−5.10%
0.10%