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What is a 'trade deal'

D

Deleted User

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I'm reading now that a post Brexit trade deal could take 10 years to finalise, but what exactly is involved in this? The private company I work for chooses its potential customers and markets, be that domestic, European, or global. As far as I know there's no political involvement in this, and nothing seems to hold us back in approaching customers.
So what exactly is a 'trade deal', and how would it impact companies in the UK? Is it specific to particular industries?

http://www.bbc.co.uk/news/uk-politics-38324146
 

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