Brexit: Australia deal will cause £94m blow to UK farming, fishing and forestry, government admits
The Independent says Boris Johnson’s post-Brexit trade deal with Australia will damage the UK’s agriculture and food sectors by hundreds of millions of pounds, according to the government’s own impact assessment.
British farming, forestry and fishing will suffer a £94m hit from the free trade agreement, a Department for International Trade (DIT) document has revealed.
The government also expects a £225m hit to the semi-processed food sector, conceding that it was another area expected to “contract” as a result of increased competition.
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