A split over Brexit shook Britain��s cabinet as Boris Johnson, the foreign secretary and Brexit hard-liner, quit over Theresa May��s approach
More important is David Davis resigning as Brexit Secretary.
May will now have to look to the opposition for votes, meaning the UK will not really leave the EU.
They will become UKlingons.
North Korea presents a perfect example of how borders affect a state's economy.
Yeah, one side is rich, the other side is poor. There are lots of Brits who believe that Europe will suddenly become poor when they leave.
I assume he has some basic level of education. From what I've gathered, he's expressed the desire for the UK to have the power to negotiate its own trade deals. That essentially means the Canadian model. So why does he not just say so but be honest about the fact that that will deny the UK tariff-free access to the UK market and will still impose a need on the UK to negotiate trade deals with other countries too which will take much time.
While I'd be open to unilateral free trade as a way to accelerate trade deals (which would be essential to compensate for the loss of tariff-free access the EU market), the Canadian model that he seems to be proposing would be disastrous for the UK.
To put it simply, if the UK wants to truly break away from the EU while minimizing the long-term damage (the short-to-term is inevitable), then the only option I can see is unilateral free trade since the UK would need to compensate in a major way to compensate for the loss of tariff-free access to the EU market. Sorry, UK, but you can't have your cake and eat it too.
One thing that hurts the UK (and the USA) in their trade relations are their relatively muscular currencies. High valued Sterling and Greenbacks favour purchasing but not selling. If you are big and self-sufficient like the United States is, it probably doesn't matter if you sell much overseas but the British are not in that situation. Their goods and services are too expensive to sell overseas when the sweetheart deals with the EU come to an end.
Trump is going there for "trade negotiations" with the Brits but they are in for a bit of a shock. The US is selling, not buying. The Brits need to sell, not buy but they compete against the US in their output. Trump has zero interest in reciprocity. The Brits will find no help, there.