On the face of it, Donald Trump’s astonishing victory should be good news for Britain, post-Brexit. The UK will no longer be “at the end of the queue” for trade deals with the US, as President Obama warned, since all the other deals in that queue will now be dropped, especially the Transatlantic Trade and Investment Partnership which the European Union has been laboriously negotiating.
What Britain will learn is that “trade deals” are not the same as actual trade, and that President Trump’s idea of a deal could differ substantially from the more free-market end of the Brexiteer spectrum. His …read more
Source: CapX