Key terms of Brexit deal

European Union's chief Brexit negotiator Michel Barnier holds the pages of Brexit trade deal as he attends a meeting of the Committee of the Permanent Representatives of the Governments of the Member States to the European Union (COREPER) in Brussels, Belgium December 25,2020. - Reuters

LONDON: U.K. Prime Minister Boris Johnson’s post-Brexit trade deal is unique in that it will leave businesses facing more barriers to trade than they did while Britain was a member of the European Union.

But that’s the price of reclaiming sovereignty. While he can claim to have taken back control of Britain’s domestic fishing waters and ended the role of the European Court of Justice, businesses and consumers will face a slew of additional barriers to trade after Dec. 31.