4 ms·
Obama explicitly called out that if the UK leaves the EU, that it would be at the "back of the queue" for trade deals. There's much less incentive for the US to
by mprovost 10y ago
Obama explicitly called out that if the UK leaves the EU, that it would be at the "back of the queue" for trade deals. There's much less incentive for the US to work on a treaty with a smaller country like the UK as opposed to the entire EU.
- Wintamute 10y agoThe UK is the world's 5th largest economy, in reality it wouldn't be in either party's interests to send it to the back of the queue. Add on to that that the UK would have a much more flexible negotiating position outside the EU, as well as a powerful political mandate to quickly sort out new deals post Brexit.
- vidarh 10y agoIt's not going to be the world's 5th largest for long. Growth is anaemic, while a long list of fast growing countries is coming up behind it. My expectation is that the UK government after a Brexit would rush to try to get an EEA style deal in place, and end up having to give up more to get that than to remain in the UK.
- cja 10y agoThe US has done many trade deals with countries smaller than the UK. It is in the process of negotiating several at the same time.