Direct Implications Between USA and UK in Event of No-Deal Brexit The Next CEO of Stack OverflowWhat happens if Parliament rejects the Brexit deal?What constitutes a bad deal for Brexit?Does the UK-EU Joint Report essentially remove any leverage the UK has in further negotiations?Brexit deal 'Meaningful vote' battle between House of Lords and House of CommonsWhen UK politicians say MPs will “vote against the Chequers plan”, what vote are they referring to?Why did the UK not have any post-EU exit deals agreed prior to June 2016?What is the nature of the Cooper/Boles amendment and what are the implications?Is there a correlation between US oil imports and the US-Saudi Arabia arms deal?Have any organisations said they will definitely benefit from a no-deal Brexit?Brexit - No Deal Rejection
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Direct Implications Between USA and UK in Event of No-Deal Brexit
The Next CEO of Stack OverflowWhat happens if Parliament rejects the Brexit deal?What constitutes a bad deal for Brexit?Does the UK-EU Joint Report essentially remove any leverage the UK has in further negotiations?Brexit deal 'Meaningful vote' battle between House of Lords and House of CommonsWhen UK politicians say MPs will “vote against the Chequers plan”, what vote are they referring to?Why did the UK not have any post-EU exit deals agreed prior to June 2016?What is the nature of the Cooper/Boles amendment and what are the implications?Is there a correlation between US oil imports and the US-Saudi Arabia arms deal?Have any organisations said they will definitely benefit from a no-deal Brexit?Brexit - No Deal Rejection
It is heavily discussed what sort of impacts could be expected in the United Kingdom and European Union in the event of a no-deal Brexit. Less noted are any impacts this could have on the United States's economy, citizens, and other interests with concern to the UK. In the event of a no-deal Brexit, do these countries have any sort of prepared treaties/agreements, or would certain aspects of the relationship between the countries need to be redrawn from scratch?
It may be the case that the future relationship between the UK and USA does not depend on the sort of Brexit that occurs, which would also be appropriate to mention here.
united-states united-kingdom brexit
asked 4 hours ago
Jimmy M.Jimmy M.
789513
add a comment |
It is heavily discussed what sort of impacts could be expected in the United Kingdom and European Union in the event of a no-deal Brexit. Less noted are any impacts this could have on the United States's economy, citizens, and other interests with concern to the UK. In the event of a no-deal Brexit, do these countries have any sort of prepared treaties/agreements, or would certain aspects of the relationship between the countries need to be redrawn from scratch?
It may be the case that the future relationship between the UK and USA does not depend on the sort of Brexit that occurs, which would also be appropriate to mention here.
united-states united-kingdom brexit
asked 4 hours ago
Jimmy M.Jimmy M.
789513
add a comment |
It is heavily discussed what sort of impacts could be expected in the United Kingdom and European Union in the event of a no-deal Brexit. Less noted are any impacts this could have on the United States's economy, citizens, and other interests with concern to the UK. In the event of a no-deal Brexit, do these countries have any sort of prepared treaties/agreements, or would certain aspects of the relationship between the countries need to be redrawn from scratch?
It may be the case that the future relationship between the UK and USA does not depend on the sort of Brexit that occurs, which would also be appropriate to mention here.
united-states united-kingdom brexit
asked 4 hours ago
Jimmy M.Jimmy M.
789513
It is heavily discussed what sort of impacts could be expected in the United Kingdom and European Union in the event of a no-deal Brexit. Less noted are any impacts this could have on the United States's economy, citizens, and other interests with concern to the UK. In the event of a no-deal Brexit, do these countries have any sort of prepared treaties/agreements, or would certain aspects of the relationship between the countries need to be redrawn from scratch?
It may be the case that the future relationship between the UK and USA does not depend on the sort of Brexit that occurs, which would also be appropriate to mention here.
united-states united-kingdom brexit
united-states united-kingdom brexit
asked 4 hours ago
Jimmy M.Jimmy M.
789513
asked 4 hours ago
Jimmy M.Jimmy M.
789513
asked 4 hours ago
Jimmy M.Jimmy M.
789513
asked 4 hours ago
Jimmy M.Jimmy M.
789513
asked 4 hours ago
Jimmy M.Jimmy M.
789513
789513
add a comment |
add a comment |
1 Answer
1
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oldest
votes
In the immediate, basically none whatsoever. The TTIP is not signed yet.
Longer term, the implications are huge. The EU economy is only slightly smaller than the US, so it can arm wrestle it or stand firm on points it finds important. The UK in contrast, is large on the world scene compared to Zimbabwe, but puny compared to the US economy. The two negotiating a deal, and perhaps even more in Trump US, is akin to an 800 pound gorilla negotiating how to share a meal with a chihuahua.
In the event of a no-deal Brexit, do these countries have any sort of prepared treaties/agreements
Not officially, since the EU is in charge of negotiating trade deals on its members' behalf, but one might imagine there's work being done to that effect behind closed doors.
Or would certain aspects of the relationship between the countries need to be redrawn from scratch?
Per above, not from a trade standpoint, which is the main EU prerogative. Things like defense treaties are still done by the UK in its own name.
answered 4 hours ago
Denis de BernardyDenis de Bernardy
14.1k33863
1
On the other hand, bilateral negotiations between the UK and USA only have to care about issues actually important to those countries. That is, the UK can't be forced to make treaty concessions in exchange for a provision that benefits, say, France or Germany instead. So, it's still not clear that the UK would be a in a worse negotiating position. The 800 lb gorilla v. chihuahua comparison also seems a bit extreme. Yes, the US economy is definitely larger than the UK, but the UK is still the 5th-largest economy in the world.
– reirab
2 hours ago
Also, the US economy is actually larger than that of the EU, even with the EU still including the UK, at least according to the most recent (2017) data. It will be around 30% larger than the EU economy after the UK leaves the EU.
– reirab
2 hours ago
1
@reirab: My bad. For some reason I seemed to remember the EU economy was slightly larger. You are correct, it's slightly smaller. Edited the answer accordingly. (I do stand by the fact that the UK will get clobbered into something terribly not in its favor if it tries to engage in trade negotiations with the US.)
– Denis de Bernardy
2 hours ago
The UK's GDP is much bigger than you think it is.
– RonJohn
33 mins ago
add a comment |
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1 Answer
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1 Answer
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oldest
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votes
In the immediate, basically none whatsoever. The TTIP is not signed yet.
Longer term, the implications are huge. The EU economy is only slightly smaller than the US, so it can arm wrestle it or stand firm on points it finds important. The UK in contrast, is large on the world scene compared to Zimbabwe, but puny compared to the US economy. The two negotiating a deal, and perhaps even more in Trump US, is akin to an 800 pound gorilla negotiating how to share a meal with a chihuahua.
In the event of a no-deal Brexit, do these countries have any sort of prepared treaties/agreements
Not officially, since the EU is in charge of negotiating trade deals on its members' behalf, but one might imagine there's work being done to that effect behind closed doors.
Or would certain aspects of the relationship between the countries need to be redrawn from scratch?
Per above, not from a trade standpoint, which is the main EU prerogative. Things like defense treaties are still done by the UK in its own name.
answered 4 hours ago
Denis de BernardyDenis de Bernardy
14.1k33863
1
On the other hand, bilateral negotiations between the UK and USA only have to care about issues actually important to those countries. That is, the UK can't be forced to make treaty concessions in exchange for a provision that benefits, say, France or Germany instead. So, it's still not clear that the UK would be a in a worse negotiating position. The 800 lb gorilla v. chihuahua comparison also seems a bit extreme. Yes, the US economy is definitely larger than the UK, but the UK is still the 5th-largest economy in the world.
– reirab
2 hours ago
Also, the US economy is actually larger than that of the EU, even with the EU still including the UK, at least according to the most recent (2017) data. It will be around 30% larger than the EU economy after the UK leaves the EU.
– reirab
2 hours ago
1
@reirab: My bad. For some reason I seemed to remember the EU economy was slightly larger. You are correct, it's slightly smaller. Edited the answer accordingly. (I do stand by the fact that the UK will get clobbered into something terribly not in its favor if it tries to engage in trade negotiations with the US.)
– Denis de Bernardy
2 hours ago
The UK's GDP is much bigger than you think it is.
– RonJohn
33 mins ago
add a comment |
In the immediate, basically none whatsoever. The TTIP is not signed yet.
Longer term, the implications are huge. The EU economy is only slightly smaller than the US, so it can arm wrestle it or stand firm on points it finds important. The UK in contrast, is large on the world scene compared to Zimbabwe, but puny compared to the US economy. The two negotiating a deal, and perhaps even more in Trump US, is akin to an 800 pound gorilla negotiating how to share a meal with a chihuahua.
In the event of a no-deal Brexit, do these countries have any sort of prepared treaties/agreements
Not officially, since the EU is in charge of negotiating trade deals on its members' behalf, but one might imagine there's work being done to that effect behind closed doors.
Or would certain aspects of the relationship between the countries need to be redrawn from scratch?
Per above, not from a trade standpoint, which is the main EU prerogative. Things like defense treaties are still done by the UK in its own name.
answered 4 hours ago
Denis de BernardyDenis de Bernardy
14.1k33863
1
On the other hand, bilateral negotiations between the UK and USA only have to care about issues actually important to those countries. That is, the UK can't be forced to make treaty concessions in exchange for a provision that benefits, say, France or Germany instead. So, it's still not clear that the UK would be a in a worse negotiating position. The 800 lb gorilla v. chihuahua comparison also seems a bit extreme. Yes, the US economy is definitely larger than the UK, but the UK is still the 5th-largest economy in the world.
– reirab
2 hours ago
Also, the US economy is actually larger than that of the EU, even with the EU still including the UK, at least according to the most recent (2017) data. It will be around 30% larger than the EU economy after the UK leaves the EU.
– reirab
2 hours ago
1
@reirab: My bad. For some reason I seemed to remember the EU economy was slightly larger. You are correct, it's slightly smaller. Edited the answer accordingly. (I do stand by the fact that the UK will get clobbered into something terribly not in its favor if it tries to engage in trade negotiations with the US.)
– Denis de Bernardy
2 hours ago
The UK's GDP is much bigger than you think it is.
– RonJohn
33 mins ago
add a comment |
In the immediate, basically none whatsoever. The TTIP is not signed yet.
Longer term, the implications are huge. The EU economy is only slightly smaller than the US, so it can arm wrestle it or stand firm on points it finds important. The UK in contrast, is large on the world scene compared to Zimbabwe, but puny compared to the US economy. The two negotiating a deal, and perhaps even more in Trump US, is akin to an 800 pound gorilla negotiating how to share a meal with a chihuahua.
In the event of a no-deal Brexit, do these countries have any sort of prepared treaties/agreements
Not officially, since the EU is in charge of negotiating trade deals on its members' behalf, but one might imagine there's work being done to that effect behind closed doors.
Or would certain aspects of the relationship between the countries need to be redrawn from scratch?
Per above, not from a trade standpoint, which is the main EU prerogative. Things like defense treaties are still done by the UK in its own name.
answered 4 hours ago
Denis de BernardyDenis de Bernardy
14.1k33863
In the immediate, basically none whatsoever. The TTIP is not signed yet.
Longer term, the implications are huge. The EU economy is only slightly smaller than the US, so it can arm wrestle it or stand firm on points it finds important. The UK in contrast, is large on the world scene compared to Zimbabwe, but puny compared to the US economy. The two negotiating a deal, and perhaps even more in Trump US, is akin to an 800 pound gorilla negotiating how to share a meal with a chihuahua.
In the event of a no-deal Brexit, do these countries have any sort of prepared treaties/agreements
Not officially, since the EU is in charge of negotiating trade deals on its members' behalf, but one might imagine there's work being done to that effect behind closed doors.
Or would certain aspects of the relationship between the countries need to be redrawn from scratch?
Per above, not from a trade standpoint, which is the main EU prerogative. Things like defense treaties are still done by the UK in its own name.
answered 4 hours ago
Denis de BernardyDenis de Bernardy
14.1k33863
edited 2 hours ago
answered 4 hours ago
Denis de BernardyDenis de Bernardy
14.1k33863
answered 4 hours ago
Denis de BernardyDenis de Bernardy
14.1k33863
answered 4 hours ago
Denis de BernardyDenis de Bernardy
14.1k33863
14.1k33863
1
On the other hand, bilateral negotiations between the UK and USA only have to care about issues actually important to those countries. That is, the UK can't be forced to make treaty concessions in exchange for a provision that benefits, say, France or Germany instead. So, it's still not clear that the UK would be a in a worse negotiating position. The 800 lb gorilla v. chihuahua comparison also seems a bit extreme. Yes, the US economy is definitely larger than the UK, but the UK is still the 5th-largest economy in the world.
– reirab
2 hours ago
Also, the US economy is actually larger than that of the EU, even with the EU still including the UK, at least according to the most recent (2017) data. It will be around 30% larger than the EU economy after the UK leaves the EU.
– reirab
2 hours ago
1
@reirab: My bad. For some reason I seemed to remember the EU economy was slightly larger. You are correct, it's slightly smaller. Edited the answer accordingly. (I do stand by the fact that the UK will get clobbered into something terribly not in its favor if it tries to engage in trade negotiations with the US.)
– Denis de Bernardy
2 hours ago
The UK's GDP is much bigger than you think it is.
– RonJohn
33 mins ago
add a comment |
1
On the other hand, bilateral negotiations between the UK and USA only have to care about issues actually important to those countries. That is, the UK can't be forced to make treaty concessions in exchange for a provision that benefits, say, France or Germany instead. So, it's still not clear that the UK would be a in a worse negotiating position. The 800 lb gorilla v. chihuahua comparison also seems a bit extreme. Yes, the US economy is definitely larger than the UK, but the UK is still the 5th-largest economy in the world.
– reirab
2 hours ago
Also, the US economy is actually larger than that of the EU, even with the EU still including the UK, at least according to the most recent (2017) data. It will be around 30% larger than the EU economy after the UK leaves the EU.
– reirab
2 hours ago
1
@reirab: My bad. For some reason I seemed to remember the EU economy was slightly larger. You are correct, it's slightly smaller. Edited the answer accordingly. (I do stand by the fact that the UK will get clobbered into something terribly not in its favor if it tries to engage in trade negotiations with the US.)
– Denis de Bernardy
2 hours ago
The UK's GDP is much bigger than you think it is.
– RonJohn
33 mins ago
1
1
On the other hand, bilateral negotiations between the UK and USA only have to care about issues actually important to those countries. That is, the UK can't be forced to make treaty concessions in exchange for a provision that benefits, say, France or Germany instead. So, it's still not clear that the UK would be a in a worse negotiating position. The 800 lb gorilla v. chihuahua comparison also seems a bit extreme. Yes, the US economy is definitely larger than the UK, but the UK is still the 5th-largest economy in the world.
– reirab
2 hours ago
On the other hand, bilateral negotiations between the UK and USA only have to care about issues actually important to those countries. That is, the UK can't be forced to make treaty concessions in exchange for a provision that benefits, say, France or Germany instead. So, it's still not clear that the UK would be a in a worse negotiating position. The 800 lb gorilla v. chihuahua comparison also seems a bit extreme. Yes, the US economy is definitely larger than the UK, but the UK is still the 5th-largest economy in the world.
– reirab
2 hours ago
Also, the US economy is actually larger than that of the EU, even with the EU still including the UK, at least according to the most recent (2017) data. It will be around 30% larger than the EU economy after the UK leaves the EU.
– reirab
2 hours ago
Also, the US economy is actually larger than that of the EU, even with the EU still including the UK, at least according to the most recent (2017) data. It will be around 30% larger than the EU economy after the UK leaves the EU.
– reirab
2 hours ago
1
1
@reirab: My bad. For some reason I seemed to remember the EU economy was slightly larger. You are correct, it's slightly smaller. Edited the answer accordingly. (I do stand by the fact that the UK will get clobbered into something terribly not in its favor if it tries to engage in trade negotiations with the US.)
– Denis de Bernardy
2 hours ago
@reirab: My bad. For some reason I seemed to remember the EU economy was slightly larger. You are correct, it's slightly smaller. Edited the answer accordingly. (I do stand by the fact that the UK will get clobbered into something terribly not in its favor if it tries to engage in trade negotiations with the US.)
– Denis de Bernardy
2 hours ago
The UK's GDP is much bigger than you think it is.
– RonJohn
33 mins ago
The UK's GDP is much bigger than you think it is.
– RonJohn
33 mins ago
add a comment |
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