2.02.20 7:40 [Moon of Alabama] Europa - Allgemein (E)
Tonight Great Britain will leave the European Union. Then comes the hard part. Britain has until the end of this year to make a new trade deal with Europe, with the U.S., and with other countries. But it does not have much negotiation power. Nearly 50% of Britain`s exports go to the EU where 27 national parliaments will have to sign off any new deal. No deal means that Britain would lose a big chunk of that trade. In the U.S. Congress must also agree to a new trade deal with Britain. Lots of lobbyists will ask for open access to Britain`s markets.