>"The free-trade pact would help both sides avoid tariffs, but Britain would still face economic costs from being outside the European Union."The British economy got a jolt of confidence Thursday as Britain and the European Union announced an agreement that will define their future trading relationship after years of negotiations since the country voted in 2016 to leave the bloc.

"The free-trade pact would help both sides avoid tariffs, but Britain would still face economic costs from being outside the European Union."