On Friday 24 June 2016, it was announced that Britain had voted to leave the EU. Prime Minister Theresa May has now appointed a Whitehall unit, the Department for Exiting the European Union, to oversee Britain's departure negotiations with Brussels.
Trade deal or no deal?
The implications of brexit on transatlantic trade
Brexit and the election of Donald Trump as US President have triggered considerable uncertainty about the future of trade between the EU, the UK and the US. What has traditionally been a bi-lateral trading picture will become a three sided relationship; a 'Transatlantic Triangle'.
This Gowling WLG report aims to cut through that uncertainty by investigating what the US, one of the UK's biggest trading partners, wants out of a Brexit deal to keep trade flowing and provide practical advice on what businesses can be doing now to best prepare for several years of change and uncertainty. It will:
- Lift the lid on the implications of Brexit on transatlantic trade
- Provide a detailed guide into which Brexit models are the most likely, why and what that means for transatlantic trade
- Provide six key actions that businesses need to consider now in preparation for the Brexit
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
