German piglets being readied for market. British critics blame German hog farmers for undercutting British producers with cheap pork. (Getty Images)
Britain is about to start negotiations over its exit from the European Union. As our new book “Brexit — Why Britain Voted to Leave the European Union” shows, Britain’s negotiators had little choice but to press for a “hard” Brexit, in which their country would pull out of European market arrangements and the free movement of workers. Even so, they are in a better bargaining position than many pessimists claim.
Here’s how Brexit is unfolding
In the referendum last June, 51.9 percent of British voters opted to leave the E.U. Nine months later the Conservative government triggered Article 50 to start the Brexit process. In theory, this provides up to two years for negotiating Britain’s exit from the E.U.
Prime Minister Theresa May is looking for what many in Britain call a “hard Brexit.” This would involve four major steps: (1) withdrawing from the single market (the rules that allow businesses in the E.U to sell and operate easily across borders) (2) withdrawing large parts of the customs union (under which E.U countries do not impose tariffs on each other), (3) ending …read more
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