Brexit Red Tape: EU 'Punishing' Great Britain & Northern Ireland for Leaving the Bloc, Britons Say | WHAT REALLY HAPPENED

Brexit Red Tape: EU 'Punishing' Great Britain & Northern Ireland for Leaving the Bloc, Britons Say

British businesses are drowning in EU red tape after the UK left the bloc's single market and customs union. While Labour politicians are routinely lashing out at the PM and Tories for Brexit inconveniences, Britons say it's the EU that is taking its sweet revenge on them for withdrawing from the union.

Although Brussels and London struck a much anticipated trade deal on Christmas Eve, it has not liberated UK exporters from the necessity of filling out a bunch of paperwork, in order to comply with rules regarding origins, VATs and health checks so that they may deliver their products to the continent.

Thus, new post-Brexit rules may cost British exporters up to $34 billion in 2021 due to weak demand and excessive bureaucracy, according to the latest report by Euler Hermes Group SAS, a trade insurance company.

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