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The Day on Brexit, Who Can Get the Pie?The conflicting interests of the parties around a no-deal Brexit
Kim Yeon-su, Junior Reporter | 승인 2019.09.01 02:21

 

  Conservative party leader, Boris Johnson, was elected as the new Prime Minister of Britain on July 23. From the first day as the new prime minister, he emphasized the importance of a Brexit1). He said that they are going to fulfill the repeated promises of Parliament to the people and come out of the EU on October 31. His ideas about Brexit have been clear. He insisted that Britain spent about 350 million pounds per week to the EU and led his party to vote on Brexit in 2016. In addition, he has been highly critical of Brexit negotiations by the former Prime Minister Theresa May.

  The first step of Johnson as a British prime minister was to visit farms in Wales and reassure anxiety they had. He worried about the complaints of other members in the union because the three members (Wales, Scotland, and Northern Ireland) are highly depend on the agriculture and manufacturing industries. It means that higher tariffs on their products as a result of a no-deal could decrease exports and income.

  At this point, the Brexit clauses with the EU will be revised but most experts think that no-deal is most likely. However, the problem is that the three members of the union have criticized this issue. Internal controversies have shown the differences in British parliament and Johnson now has to handle it. 

  Nations around Britain have also payed attention to this issue because it is also a most important matter for them. In particular, the EU has big connections in the groceries and manufacturing sectors. Groceries from EU countries comprised 53 percent of the consumed food in Britain last year. Upcoming charged tariffs on these foods could make shopping bills increase by 10 percent according to the Bank of England governor. Higher prices lower the consumption of EU products. Therefore, if Britain government chooses a no-deal, they expect that it will have bad effects on their business.

  The U.S.A. has shown big interest for a no-deal. Trump supports a no-deal exit because he thinks the shortage of foods and medication of Britain after Brexit could provide a chance to expand the business of American companies. Trump celebrated the election of Johnson and even called him as “Britain’s Trump”. He said Johnson would be the perfect person to be the new Prime Minister. Trump criticized the Brexit policies of a previous Prime Minister Teresa May and said Johnson could lead Brexit in the correct way.

1) A combination of two words, Britain and Exit
 

 

Kim Yeon-su, Junior Reporter  yssk0608@konkuk.ac.kr

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