Brexiters have long claimed countries are queuing up to sign trade deals with Britain once it leaves the European Union. It’s one reason they so oppose any Brexit deal that leaves the U.K. tied to Europe’s customs union, even temporarily.
Right on cue, Japanese Prime Minister Shinzo Abe told the Financial Times this week that the U.K. would be welcomed with “open arms” into the 11-member trans-Pacific trade bloc, or TPP-11. Just as the Brexit talks reach their endgame, here at last is proof of the bright economic future that awaits Britain once outside the EU, right?
Not so fast. There are reasons to cheer Abe’s offer; but they aren’t the ones most often cited…
[Read More Here]