Singer3000
Member
There is still too much emotion wrapped up in Brexit because it is yet to occur. Therefore people still think there's value in debating its merits and whether it should go ahead, and they then take strong political stances based upon their assessment of this.'Delusional' for Brexit Britain to expect US trade deal
Larry Summers : "In the same way, establishing absolutely that, as a matter of sacred principle, your leaving Europe has to be the worst way to give you leverage with any new potential partners."
If I may add, "Brexit" is almost a partisan issue in the US because Dems associate Brexit with Trump (who supported it). They also look at Brexit win as similar to Trump win - for similar reasons. I can't see anything around Brexit passing the House - even though, conceivably Trump will be sympathetic.
Once Brexit becomes a historical fact, this will soon change. Congress will be presented with a trade deal that not only is quite likely to be weighted in favour of US producers and consumers, but also that enhances the relationship with the USA's key security partner. Whether it's Donald Trump or Donald Duck as President, or a Red or Blue Congress, something will get wrapped up pretty quickly.
The security angle is also the primary reason why there are doubts in some European capitals about pushing the UK towards a cliff edge exit. A messy Brexit could sour social and geopolitical relations for a generation and the EU (for now) still needs the UK in its security orbit. So whether there will be an exit along the lines of the Withdrawal Agreement , or a "No Deal", the reality is that the exit is likely to be far smoother than most imagine.
In the days of May and Hammond, there were plenty of doomsday predictions of UK visitors needing visas, overseas British students being kicked out their courses, science projects being cancelled mid way through, UK hauliers being unlicensed to travel on European roads, UK-based airlines being restricted from EU airspace (even making direct UK-US flights practically impossible!) etc... These scenarios and many more have already been averted:
The EU cannot afford a no-deal Brexit. Luckily, it has a parachute handy
"At the last count, there were 100 “preparedness notices” published and 109 contingency measures approved, with 46 no-deal laws proposed or adopted".
Larry Summers quite predictably misses the point. The UK has outsourced its trade policy for decades to a central bureaucracy, that has been only weakly motivated to conclude a formal trade agreement with the USA (especially so on terms that are favourable to the UK's services based economy). The UK's position will therefore certainly be stronger than now, as it will finally have the choice of whether to agree a deal with the US (it's single biggest export destination) based upon whatever negotiated terms, or walking away and sticking to the status quo.