UK and EU both approve Brexit trade deal, no tariffs, but more paperwork

Britain and the European Union signed the deal on Wednesday and the British parliament will finalise its implementation, ending over four years of negotiation and safeguarding nearly $1 trillion of annual trade. The deal is tariff-free, but will involve a lot more paperwork for trade between the UK and EU. Both sides said it was a chance to begin a new chapter in a relationship forged as Europe rebuilt after World War Two, but which has often seen Britain as a reluctant participant in ever-t…