It is Friday 24 June and the UK has voted to leave the EU. What next for trade? There are two main elements to this: what will our trading relationship with our previous EU partners be and what about the rest of the world? See also: Analysis: Agricultural trade in a post-Brexit world Europe Definitions Tariff – a tax on imports Tariff rate quota – an amount that can be imported at a reduced tariff or tariff free Third country […]