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The UK initially celebrated a temporary advantage in tariffs due to Trump’s trade war, but this was short-lived as the EU quickly matched the UK’s position. Brexiters saw this as validation of the UK’s independent trade policy and potential benefits from a deal with the US, despite concerns about Trump’s demands and the overall damage of a trade war. However, ongoing economic studies show Brexit’s negative impact on business investment, productivity, and trade, highlighting the UK’s vulnerability outside a major trading bloc like the EU.
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