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ARTICLE · 16 JANUARY 2017

What Brexit Means For Food & Beverage

Gowling WLG
Gowling WLG
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Gowling WLG

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Nowhere are concerns over the potential impact of Brexit on transatlantic business relations being more keenly felt than among US food and drink businesses.

GlobalInternational Law

Nowhere are concerns over the potential impact of Brexit on transatlantic business relations being more keenly felt than among US food and drink businesses. Indeed our research shows that when it comes to the decisions companies are making about trade and investment with the UK right now, it's having by far the greatest negative impact in this sector. Given the huge uncertainties surrounding what type of Brexit the UK will pursue and the associated timescales, it is entirely understandable that US businesses weighing up the pros and cons of future business links with the UK are increasingly wary.

By their very nature, food and drink goods are heavy and often cumbersome to transport and there can be huge cost implications throughout the supply chain when cross-border speed of delivery is impaired. As such, any future imposition of tariffs or non-tariff barriers and extra border checks and controls for goods leaving the UK into the EU could have a major impact on the

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