What does Brexit mean for the US? Prime Minister Boris Johnson said in September he'd 'rather be dead in a ditch' than have the United Kingdom leave the European Union later than Oct. 31.
British Prime Minister Boris Johnson said in September he'd"rather be dead in a ditch" than have the United Kingdom leave the European Union later than Oct. 31.
Supporters of a deal have said an agreement could boost the $260 billion trading relationship between the countries, increasing the exchange of financial services, biotechnology, automobiles and other professional services. After Trump told reporters in June that the U.K.'s National Health Service, which is state owned and free at the point of entry, could be"on the table" in a future trade deal, Johnson has frequently stated it's not. The NHS is an institution fiercely defended in the U.K., but not everyone believes the prime minister.
However, with a U.S.-U.K. trade deal could boost trade"four to five times higher than it is right now," Trump added.Some economists have said such a deal may not have much of an economic impact on the U.S."The more economically meaningful measures," he told ABC News,"would be kind of more regulatory alignment around some of these more strategic sectors perhaps -- you know, thinking about biotechnology and pharmaceutical regulation, things like that.
Unless provided for in a Brexit withdrawal agreement, the 130,000 Europeans studying at U.K. institutions, however, could lose access to reduced British tuition rates.
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