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How World News relates to God's PLAN and Purpose with the World

Brexit Britain must CHOOSE between America and EU says shock report

BRITAIN will have to choose between engaging in a deep trading relationship with the US or maintaining its links with the markets of EU state members after Brexit, a shock report claimed.

By ALICE SCARSI

PUBLISHED: 15:20, Tue, May 1, 2018 | UPDATED: 15:33, Tue, May 1, 2018

Britain vs EU and USADropping EU regulations to land a Free Trade Agreement (FTA) with the United States could result in tariff barriers between the UK and the bloc, MPs on the International Trade Committee (ITC) revealed.

A 50-page examination of the UK-US trade relations highlighted the most likely compromises Britain will have to deal with to build a closer relationship with its historic transatlantic partner.

The report showed that this alliance would be so beneficial to Britain that the UK’s GDP could increase by 0.35 percent, but such gain would require “trade offs”.

Experts warn MPs there is a “binary choice” for the UK to make about his future trading between the EU and the US, as their regulations are widely different and could not co-exist.

The country could either stay aligned with EU standards of shift to secure a trade deal with the US by embracing its regulatory model, the report said. 

If there is a clash between the regulatory regimes of the EU and the US, which does the Government plan to prioritise?

Committee chairman Angus MacNeil MP said: "Will the UK align its regulations with the US, and risk erecting impenetrable trade barriers with our other global partners, particularly the EU?

“If there is a clash between the regulatory regimes of the EU and the US, which does the Government plan to prioritise?

"These issues need to be worked out, not just before negotiating a deal with the US, but also before we finalise our future trading relationship with the EU."

A number of industries, including chemicals and automotive, told MPs they would prefer to remain linked to the EU market’s standards in the foreseeable future. 

Brexit news: The UK will have to choose between the US and the EU after Brexit

But other sectors, including the agricultural one, said that moving away from EU regulations could remove a “barrier to innovation”.

Not all economists agreed with the report.

Shanker Singham, from the Institute for Economic Affairs, believes there are ways to not restrict the UK’s freedom on the markets.

He said that Britain should find “a way of having regulatory recognition inter-operationally with the European system while they are also able to inter-operate with the rest of the world”. 

Bible Students fully expected to see Britain embrace the Commonwealth Countries including the U.S.A following BREXIT. Bible Prophecy is very clear on the fact that Britain will along with the Commonwealth Countries (and America who is also of British origin) make up the King of the South at the time of the end that will move to stop Russia and Europe from invading the Middle East.

God has declared the End from the Beginning and the Bible (God's Word) revealed that Britain would not be part of the EU when Christ Returns to Earth, and World Events have conspired to ensure that has now happened. But we need to keep watching this development as there is much to see yet as Britain takes her place once more on the World Political Stage.

See this Article to learn more about Britian and the Commonwealth Block in Bible Prophecy.

So yet again we see the hand of God at work in the nations to ensure that His purpose unfolds on the earth.  Britain has now voted to leave the EU and will rebuild her ties with the Commonwealth Block.  Together they will challenge the rise of Russia and the EU and their influence in the Middle East. 

See this article below to learn more about this:

Britain a Trading Nation Again