How Brexit, a startling act of economic self-harm, foreshadowed Trump's tariffs

Press quote (The New York Times)
13 April 2025

By the middle of 2022, investment in Britain was 11 percent lower than it would have been without Brexit, based on a model by John Springford, who used a basket of comparable economies to stand in for a non-Brexit Britain. Trade in goods was 7 per cent lower and gross domestic product 5.5 per cent lower, according to Mr Springford, a fellow at the Centre for European Reform, a think-tank in London.