[Roger Bootle] The Brexit pill has not choked us as expected

Contrary to President Obama’s warning that “the UK would go to the back of the queue”, it seems the US is embracing the prospect of a trade deal with the UK. There is also enthusiasm from Canada, Australia, India, China, Japan, Brazil and New Zealand.

Of course, the really big question concerns our trade relationship with the EU, and on that we still know very little. But at least the penny has begun to drop for many people that being outside the single market does not mean being unable to trade with it.

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