Theresa May to set out ‘Industrial Strategy’

In her Brexit speech, she gave no detail of what the new entry criteria will be for Europeans, but acknowledged that this demand would mean Britain leaving the EU’s single market.

Rather than come clean about this, May is seeking “frictionless” trade through “associate membership” in the customs union, even though this directly contradicts her assertion that Britain does not want to be “half-in, half-out” of the EU.

The president complained that the U.S. had “subsidised the armies of other countries” and “defended other nations’ borders while refusing to defend our own”.

Britain has reinvented itself before and will do again if the country faces the “catastrophe” of being closed off from European Union markets, Philip Hammond warned. First, free trade with European markets – a new, comprehensive, bold and ambitious free trade agreement (FTA). “So an important part of the new strategic partnership we seek with the European Union will be the pursuit of the greatest possible access to the Single Market, on a fully reciprocal basis, through a comprehensive Free Trade Agreement”.

“But we have a lot of reasons on both sides of this discussion to want to try and maintain the most frictionless border system possible”, he said, pointing to fresh produce imports every day, which neither side would want to disrupt. “It was the moment we chose to build a truly global Britain”. The Brexit vote in June past year, in fact, left the European country with deep scars – political infighting within the ruling Conservative Party; a polarized public opinion; and, above all, the possible separation of largely pro-EU Scotland from the UK.

Free trade agreements can take many years to negotiate.

Executives from some of the biggest U.S. banks told the Financial Times that a two-stage process could initially avoid moving thousands of jobs out of the United Kingdom once the country leaves the EU.

For more news, visit Bloomberg. May’s long-awaited speech last week, which set out her vision for Britain’s departure, is therefore welcome.

“What we’ve said clearly is that we can not accept the principle of free movement”. In response to a question from the audience following the speech regarding what would happen if either house were to reject the deal, Prime Minister May reiterated her confidence that Parliament would respect the views of the public and noted that it had voted for the government to “get on with Brexit”. Furthermore, elected parliamentarians have been given no say in setting the government’s negotiating agenda.

Brexit negotiations, and Trump’s skepticism of the European Union, aside, British ministers share their European counterparts’ worry about what a Trump presidency might mean for North Atlantic Treaty Organisation, an organization he has dubbed “obsolete”. Miller wants May to introduce legislation before triggering Article 50. The effect of this is to impose a common tariff on imports from non-Member States, while ensuring that imports from fellow EU Member States are not subject to import tariffs.

She was sure that Trump “recognises the importance and significance of NATO” and “will recognise the importance of the co-operation we have in Europe to ensure our collective defence and collective security”. “But we’re obviously still reserving final judgment on how this will play out”.

David R. Cameron is a professor of political science at Yale and director of the Program in European Union Studies.