
It is now almost a decade since the UK voted for Brexit and since the tariffs of US president Donald Trump’s first term increased global trade frictions. Brexit removed the UK from the European single market for goods and services. Now though, the country is proposing a pivot back towards alignment with EU regulations.
What could have not been widely predicted back in 2016 was the COVID pandemic, nor a war on European soil. The UK has been exposed to these shocks without the EU support system. So what may once have been impossible to imagine is now on the cards: adopting EU single market rules under new UK legislation.