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© Jae Young Ju

Businesses may be growing increasingly optimistic about a deal being reached in the protracted Brexit negotiations, but the dire supply chain outlook for the first quarter remains.

EU negotiator Michel Barnier reportedly said there had been a breakthrough on one of the main sticking points, regulatory standards, with the UK now open to unilateral measures such as tariffs being applied to counteract systemic divergences that would distort trade and investment.

While welcome news, one source said that either a “deal or no ...

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