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Sunday, 24 April 2016

Trade agreements after Brexit on shaky ground, Obama warns

Brexit is still all over the financial front pages this morning as the Financial Times (paywall) puts together a piece listing off options for trade agreements if the leave goes through, but it reads more like a list of just how complicated the move may be. Meanwhile, President Barack Obama toughened up his warning that the Brexit was a bad idea, saying it “could take as long as 10 years before the the UK and US came up with a new trade agreement. “We wouldn’t abandon our efforts to negotiate a trade [agreement] with our largest trading partner, the European market. But rather, it could be could be five years from now, 10 years now before we were actually able get something done.”

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