Lessons from Brexit on the Effects of Trade Disintegration

FEDS Notes 2026 Open access

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Authors: Florencia Soledad Airaudo, Johannes Fleck, Kevin Vega
DOI: 10.17016/2380-7172.3984
Cited by: 0

Abstract

Recent U.S. trade policy changes have rekindled interest in Brexit, as it represents one of the few instances in which another large advanced economy implemented substantial trade policy changes. In this note, we answer two questions: How similar were trade policy adjustments in Brexit to U.S. trade policy changes of 2025? What were the short- and long-run effects of Brexit on the U.K. economy?

Fields of Study & Subjects

Global trade and economics Historical Economic and Social Studies Monetary Policy and Economic Impact

Publication details

Journal / source
FEDS Notes
Publication date
1 January 2026