“Brexit”—British Exit from the
European Union—is scheduled for March 29, 2019. The primary consequence of the
divorce is that trade relations between the UK and the EU (and its 27 member
states) will no longer be governed by EU law, but will instead be governed by
the just-announced proposed “divorce agreement.” The world now knows the
contents of the “divorce agreement,” and it appears that a large segment of the
UK public and its elected members of Parliament are not content with its terms.
Should Parliament fail to ratify the agreement, the UK’s trajectory is towards
a so-called “hard” Brexit. A hard Brexit means that future trade between the
former couple will be governed by World Trade Organization (WTO) rules, as
opposed to a “soft,” frictionless, negotiated Brexit—one which maintains the
advantages of reciprocal tariff-free trade that the parties currently enjoy.
WTO rules are not on hell-on-earth.
Such rules guide trade relations among most of the world’s developed nations
and most of the world’s population. But the shift from EU rules to WTO rules is
likely to impose some genuine costs—particularly in the short term—including
knock-on consequences for countries wholly outside the EU. We do not know the
magnitude of those consequences, but prudence dictates that all that can be
reasonably done should be done to mitigate the immediate, negative consequences
of any hard Brexit.
For that reason, I urge the
President of the United States to offer the good offices of the United States
to mediate any and all elements of the divorce agreement between the EU and the
UK. After all, the President is a deal-maker—and this is likely to be one of
the greatest, if not the greatest and most significant negotiation in the
history of world trade. Here is an opportunity for American Greatness—for enduring
greatness—one not involving war and yet deeply rooted in our history—because after
all, the chief business of the American people is … always has been, and God-willing
always will be … business. This opportunity transcends the interest of its
dominant players—the EU and the UK. It is one of those rare moments, where
absent war and the threat war, statesmen can teach that trade is not a zero-sum
game and that democratic countries can conduct themselves prudently to the
benefit of all.
With a WTO baseline in consequence
of failing to reach any agreement, there are without doubt many mutually
beneficial agreements along many fronts that will allow both parties to
continue with and to capture many of the benefits that both sides currently
enjoy and which might otherwise be lost. A hard Brexit is not the end of the
world, but avoiding trade-war-Armageddon is hardly a good benchmark for
success. Real success means that the day after Brexit, UK-EU trade continues to
grow from its present plateau.
Admittedly, it is likely that one or
both parties will not want our friendly intervention. That is true. Men like to
be masters in their own home. Still if the President offers our help, and it is
turned down, and bad consequences should follow—then those who turned down our
offer of American help will have to take responsibility for their failure. Certainly,
Chancellor Merkel—outgoing lame duck Chancellor
Merkel—is in no position to accept or reject such an offer. In these
circumstances, it is just as likely that European politicians in the EU and European
politicians in the UK, with an eye on their countries’ future economic
prosperity and their next set of domestic elections, would seek to “share” some
of that responsibility for their own future if they had an opportunity to do so.
In those circumstances, European politicians might run to embrace an American offer
of help. It has happened before—that is, Europeans embracing American aid—and
it could happen again.
President Trump: it is up to you to
start that process.
Seth
Barrett Tillman
An
American national teaching law in Ireland—an EU member state
Maynooth
University Department of Law
(affiliation is for identification purposes
only)
Welcome Instapundit readers! Stay & Have a look around New Reform Club. My co-bloggers do good work.
Seth Barrett Tillman, Trump, American Greatness, and Brexit, New Reform Club (Nov. 30, 2018, 12:01 AM) <https://reformclub.blogspot.com/2018/11/the-united-states-and-brexit.html>.
<https://twitter.com/SethBTillman/status/1068370304362299392>
<https://twitter.com/SethBTillman/status/1068370304362299392>
8 comments:
Hell no. No matter how this goes, we'll get the all the blame for every problem this causes the Brits and EU while the Brit politicians sit back and relax knowing their off the hook.
Nay, nay. Let them sort it out without our involvement. If the UK government doesn't have the internals to say goodbye to a non-responsive, foreign behemot, then let them suffer.
Why should the US get involved in the Brexit Accords? Its up to the UK to define and ratify the agreement. Whatever happened to this sceptered isle? this England?
Power is never conceded it can only be acquired through effort and merit or it must be confiscated. The US should be pro active in bringing an end to the left wing autocracy that is the EU. Seth has the right idea but something more aggressive is needed.
Great idea, Seth! May could use some help and who better to negotiate the deal than Trump?
Anonymous NotEd710 said...
"Nay, nay. Let them sort it out without our involvement. If the UK government doesn't have the internals to say goodbye to a non-responsive, foreign behemot, then let them suffer."
Their infirmity is not in their internals, but in their extremities. We do not leave our brothers incapacitated for want of a crutch.
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