April 12 | By: Youssef El-Gingihy.
So how is the post Brexit post Trump world shaping up? Well recent events have cast a revealing light as to the direction of travel. Last week saw the post Brexit “Global Britain” strategy pursued headlong. Theresa May was in Saudi Arabia, Chancellor Philip Hammond in India and international trade secretary Dr Liam Fox in the Philippines.
The “Global Britain” strategy essentially embodies an extreme free market drive long dreamed of by elements of the corporate and financial elite. It will take the form of bilateral trade agreements (most notably with Trump’s America) and a bonfire of regulations.
If you thought leaving the European Union would avert the EU-US trade agreement, or Transatlantic Trade and Investment Partnership (TTIP), think again. A free trade deal with Trump’s America could be TTIP magnified times 10 leaving the UK exposed without the negotiating power of the EU. It will aggressively open up the NHS and public services to US corporate takeover and lock in privatisation.
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