The Soapbox

HoosGuy

Joined: 02/08/2016 Posts: 1160
Likes: 553


EAPo, you seem pretty tuned into the Brexit - had a question


If it were to come to fruition, how do you see the UK, or what might end up just being England, repairing trade agreements and benefits with the rest of Europe from which accounts for almost 50% of their exports? I really don't know any of the specifics of how the EU made easier the UK's importing/exporting to and from the continent, but can you explain how you think it may be unaffected or slightly improve their trade deficit? Would they not be subjected to new tariffs? I've also linked an article below that shows the deteriorated trade deficits the UK was already experiencing, so maybe it was spiraling downwards all along and it's good to start anew. As I write this, S&P just downgraded Britain.

Thanks
[Post edited by HoosGuy at 06/27/2016 2:08PM]

Link: UK Trade Deficits with EU


Posted: 06/27/2016 at 2:07PM



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