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US Threatens UK With Trade Barriers If It Leaves The European Union
Zero Hedge ^ | October 29, 2015 | Tyler

Posted on 10/29/2015 2:33:04 PM PDT by amorphous

One of the most important decisions Brits have to make before the end of 2017 (most likely some time next year) is whether or not to remain in the European Union, and while recent polls have those willing to stay in as the majority, there has been a spike in support for leaving the bloc which coupled with Europe's refugee crisis has made a Brexit an all too possible outcome.

Which probably explains why the U.S., confident it sill has veto power over democracies anywhere in the world, has just made it quite clear to UK's citizens which way they should vote.

According to the Guardian, the US trade representative, Michael Froman, in the first public comments from a senior US official on the matter, said that "the United States is not keen on pursuing a separate free trade deal with Britain if it leaves the European Union."

Just like in the case of Scotland's vote last year, trade is being used a key bargaining chip, or rather ultimatum: vote the way we want, or else. Guardian adds that Froman’s comments on Wednesday undermine a key economic argument deployed by proponents of exit, who say Britain would prosper on its own and be able to secure bilateral free trade agreements (FTAs) with trading partners.

The US is Britain’s biggest export market after the EU, buying more than $54bn (£35bn) in goods from the UK in 2014.

“I think it’s absolutely clear that Britain has a greater voice at the trade table being part of the EU, being part of a larger economic entity,” Froman told Reuters, adding that EU membership gives Britain more leverage in negotiations.

“We’re not particularly in the market for FTAs with individual countries. We’re building platforms … that other countries can join over time.”

(Excerpt) Read more at zerohedge.com ...


TOPICS: Business/Economy; Government
KEYWORDS: eu; obama; obamatradethreat; trade; uk
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Full Title: US Threatens UK With Trade Barriers If It Leaves The European Union
1 posted on 10/29/2015 2:33:04 PM PDT by amorphous
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To: amorphous

Obama gets a thrill every time he threatens one of our long time allies.

The enemy within...


2 posted on 10/29/2015 2:35:30 PM PDT by DoughtyOne (It's beginning to look like "Morning in America" again. Comment on YouTube under Trump Free Ride.)
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To: amorphous

Barry being Barry again


3 posted on 10/29/2015 2:36:07 PM PDT by Fai Mao (Genius at Large)
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To: amorphous

Thanks, Barky.

I understand that a shift in UK trade status requires some attention to the details of trade agreements, but strong arming them? That’s uncalled for!


4 posted on 10/29/2015 2:36:13 PM PDT by Pearls Before Swine
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To: amorphous

Obama can’t be gone soon enough. With Obama, America’s friends are saying, “With friends like this who needs enemies?”


5 posted on 10/29/2015 2:36:54 PM PDT by Jim W N
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To: amorphous

Throw the tea in the harbor.


6 posted on 10/29/2015 2:36:58 PM PDT by MUDDOG
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To: amorphous

Hear let me fix the title. Obama wants to keep Brittan in the European union threatens Brittan with trade barriers.


7 posted on 10/29/2015 2:38:01 PM PDT by PCPOET7
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To: amorphous

Apparently we're pissed at the UK, again.

8 posted on 10/29/2015 2:38:13 PM PDT by amorphous
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To: amorphous

I look forward to Nigel Farage’s comments.

Proof positive as if anymore were needed, the EU is a malignant parasite on the nations of Europe.


9 posted on 10/29/2015 2:38:19 PM PDT by Psalm 144 (The mill grinds exceedingly fine.)
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To: DoughtyOne

I don’t believe we’ll have a friend left by the time he’s out of office.


10 posted on 10/29/2015 2:39:03 PM PDT by amorphous
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To: amorphous

If I were Trump, I’d make some visits and mend some fences.


11 posted on 10/29/2015 2:43:44 PM PDT by DoughtyOne (It's beginning to look like "Morning in America" again. Comment on YouTube under Trump Free Ride.)
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To: amorphous

First of all, I’d beg for the Churchill bust back so it could be there on my first day.


12 posted on 10/29/2015 2:44:34 PM PDT by DoughtyOne (It's beginning to look like "Morning in America" again. Comment on YouTube under Trump Free Ride.)
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To: Fai Mao

His Feculence, 0bikinis Caligula Nero..


13 posted on 10/29/2015 2:45:37 PM PDT by sheik yerbouty ( Make America and the world a jihad free zone!)
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To: sheik yerbouty

“0baminus”


14 posted on 10/29/2015 2:46:12 PM PDT by sheik yerbouty ( Make America and the world a jihad free zone!)
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To: DoughtyOne

And if I were Cruz, I’d task Trump with doing the very thing of which you suggest. ;-)


15 posted on 10/29/2015 2:46:12 PM PDT by amorphous
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To: amorphous

Uniparty / World Government bump for later...


16 posted on 10/29/2015 2:48:01 PM PDT by indthkr
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To: amorphous

Oh aure...

= :^p


17 posted on 10/29/2015 2:48:21 PM PDT by DoughtyOne (It's beginning to look like "Morning in America" again. Comment on YouTube under Trump Free Ride.)
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To: amorphous

Barry has always hated the Brits.
This is just an excuse.


18 posted on 10/29/2015 3:08:37 PM PDT by BuffaloJack (Political Correctness is Suppression of Free Speech. Thank the Commies for Political Correctness.)
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To: Psalm 144

So do I.


19 posted on 10/29/2015 3:17:27 PM PDT by RushIsMyTeddyBear (I'm fed up.)
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To: RushIsMyTeddyBear

What is with the one-worlders loving the EU? Clown Prince nobama is a certifiable loser.


20 posted on 10/29/2015 3:19:54 PM PDT by hal ogen (First Amendment or Reeducation Camp?)
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