That said this page has always maintained that you don’t need formal trade deals to trade. The UK does not have a formal trade deal with the USA but that is our no.1 trading partner and trade has been growing fast between the two over the last 20 years. The same is true of trade with China. The UK’s fourth place compares to Germany and France ranking at 13 and 22 respectively, illustrating the fact that the EU is not quite the free trade zone as Remainers would like us to think, but a protected market behind tariff and non-tariff walls which is limiting international trade in both goods and services. The top spots in the International Trade Barrier Index were Singapore, New Zealand and the Netherlands, whilst the USA languishes far down the TBI rankings, challenging the myth that it is one of the most open economies in the world.
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