Brexit: The UK's Seven Major New Trade Deals Explained (Are They Ready for Brexit?) - TLDR News

The video discusses the UK's trade deals post-Brexit, focusing on major agreements with countries like Switzerland, Iceland, Norway, Canada, Singapore, SOCOM, South Korea, and Japan. It categorizes these deals into continuity, temporary, and comprehensive agreements, highlighting their significance and limitations. The UK aims to maintain existing trade terms while exploring new opportunities, though many deals currently replicate EU terms. The video concludes with the UK's potential for future unique trade agreements.

What was the primary goal of the UK in establishing new trade deals post-Brexit?

• To maintain the status quo with the EU

• To increase tariffs on EU goods

• To forge its own path and create new trade deals

• To reduce trade with non-EU countries

Which type of agreement ensures the UK maintains the same level of access as it had with the EU?

• Comprehensive agreements

• Temporary agreements

• Continuity agreements

• Mutual recognition agreements

What is a significant limitation of the UK's trade deal with Switzerland?

• Lack of agreement on financial services

• High tariffs on cheese

• Exclusion of geographic indicators

• Increased duties on goods

What is the nature of the UK's trade deal with Canada?

• A comprehensive new agreement

• A temporary rollover of an existing EU deal

• An agreement focused on digital trade

• A permanent agreement with new terms

What unique aspect is the UK aiming to negotiate with Singapore in the future?

• A digital economy agreement

• A new tariff-free agreement

• A comprehensive agricultural deal

• A financial services agreement

What is the main feature of the UK's trade agreement with SOCOM?

• Duty-free access to all goods

• Quota-free access to goods except from South Africa

• Increased tariffs on British goods

• Exclusion of intellectual property protection

How does the UK's trade deal with South Korea compare to its previous EU agreement?

• It excludes tariff rate quotas

• It replicates the existing EU deal

• It is a completely new agreement

• It offers more benefits than the EU deal

What is a notable feature of the UK's trade deal with Japan?

• It focuses solely on agricultural products

• It excludes digital services

• It is similar to the existing EU deal

• It is a completely new and radical deal

What do mutual recognition agreements with the US, Australia, and New Zealand primarily address?

• Financial services

• Standards and legal requirements

• Digital trade

• Tariffs and quotas

What is the overall impact of the UK's current trade deals post-Brexit?

• They focus solely on digital trade

• They significantly reduce trade opportunities

• They replicate terms already had with the EU

• They provide entirely new benefits