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U.K. Consumers Face Higher Prices for EU Goods, Deal or Not

  • Customs paperwork will add to retailer costs, hitting shoppers
  • Johnson ready to accept trade friction for U.K. autonomy
Wm Morrison Supermarkets Plc With U.K. Heatwave Boosting Retailers
Photographer: Chris J. Ratcliffe/Bloomberg

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U.K. consumers will face higher prices on goods coming from the European Union after Brexit, whether Boris Johnson signs a free trade agreement with the bloc or not, according to a major business group.