(Bloomberg) -- The European Union's manufacturing sector -- already attempting to recover from a series of shocks and facing risks from U.S. trade tariffs -- has a sizable exposure to U.K. demand. Bloomberg Economics estimates that almost 2.5 percent of EU-27 activity is exposed to the bloc's exports to Britain and most types of exports, goods and services alike, will face disruption as and when the exit occurs. A disorderly exit would add to the costs and that's partly why the EU-27 have an incentive to avoid that scenario.
©2019 Bloomberg L.P.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
