CRS Releases Report on Trade, Economic Impact of Brexit

October 9, 2019 |Other U.S.

The Congressional Research Service released a report on Oct. 4 on Brexit and its impact on the United Kingdom's trade agreements, the European Union Customs Union and the U.K.'s relationship with the U.S. The report also explains possible scenarios under a no-deal Brexit, how it will affect the EU’s economy and what the U.S. Congress would need to do in order to agree to a trade deal with the U.K. post-Brexit.