Returning to the single market or customs union just got a whole lot trickier. Any such move would almost certainly see Britain hit with the 20 per cent tariffs facing the EU, double the 10 per cent Donald Trump is hitting us with now.
But closer alignment with Brussels looks more important than ever as the fallout from the US president's trade war grows.
One proposal, a mutual recognition agreement on conformity assessments between the UK and EU, just won the backing of a slew of business groups including the British Chambers of Commerce, the Confederation of British Industry and Federation of Small Businesses.
The, change, first floated by the UK Trade and Business Commission in 2023, would remove the need for British manufacturers to repeat costly testing processes to sell their products in both the UK and EU and looks like a no-brainer.
Best for Britain chief executive Naomi Smith said: "At this extremely challenging time, removing artificial trade barriers with the EU can be a life ring to UK manufacturers, while independent economic analysis shows that even deeper alignment on goods and services would offset the impact of US tariffs on the UK entirely."
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