European Union, Brexit, USA: The strategic dimension of the new trade issues

Brexit is the source of a great deal of uncertainty as far as the exit agreement is concerned. The
British government has announced that it will trigger the procedure provided for by article 50 TEU
on 29th March, but the commercial aspect of the negotiations is still subject to several strategic
factors. Moreover, Theresa May’s visit to the Trump administration at the end of January confirmed
London’s wish to position itself in a dynamic that is moving towards closer cooperation with the USA
via a free-trade agreement that it would like to see implemented in the spring 2019, the planned date
of the UK’s exit from the European Union. At the same time the new Trump administration’s attacks
on some of the economic fundamentals of the European Union, particularly the single currency and
its accusations of especially German mercantilism, raise a number of questions regarding the future
development of trade relations between Europe and the USA. What are, therefore, the issues at
stake and the challenges posed by this strategic reshuffle? How should Europe respond?

This policy paper was produced for the Robert Schuman Foundation.

 

DOWNLOAD THE FULL POLICY PAPER HERE.

 

 

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