Trump Post-Brexit Trade Deal Will Bring Hardly Any Real Benefits

“And that shows exactly what Johnson and the Tories are like. Now and in the past, and I’ve no doubt in the future, they are willing to sell out British industry, the welfare state, our precious NHS and workers, all in return for the victory of unfettered capitalism and their squalid economic gain.”

Beastrabban\'s Weblog

This is very revealing. According to the BBC World Service, a post-Brexit trade deal between Britain and America would only increase the economy by 0.1%. And that would be 15 years from now.

As the Skwawkbox and Mike over at Vox Political have both pointed out, this means that the Tories will have sold Trump and the American companies backing him our NHS, workers’ rights, and environmental and consumer protections for hardly anything. In fact, Mike points out that even the 0.1% growth may not happen, as the economy is already faltering, and so any gains made later may be swallowed up by the losses that are occurring now.

This is despite yesterday’s Times enthusiastically hyping Trump’s offer of a trade deal with America. Zelo Street effectively ripped that piece of propaganda apart by pointing out that we would only get the deal if we became America’s poodle, a point…

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