Is Brexit reversible? James L. Newell examines what the prohibition of alcohol in the United States can tell us about the potential to reverse seemingly irreversible policy decisions.

Hailed by Tory MPs as a Brexit benefit, CPTPP membership actually turns the UK into a willing pawn in Washington’s geopolitical game.

Liz Truss becoming Prime Minister is the end of what little hope remained that the Northern Ireland Protocol Bill would be scrapped.

While the picture’s hardly pretty and certainly not what advocates of Brexit envisioned, none of it surprises economists. As a former Bank of England official observed: “You run a trade war against yourself, bad things happen.”

Despite its claims of exceptionalism and the freedom to succeed outside of the European Union, in reality, the UK is no longer in the room where it happens, says former British diplomat Alexandra Hall Hall.

The UK left the EU at the end of 2020, and according to the latest figures from the Office for National Statistics, Brexit has already led to a significant slump in trade between the EU and the UK... / Brexit supporters endorsed the idea of CANZUK – an alliance between the UK, Canada, Australia and New Zealand.

The results of the U.S. election will pose existential questions in London.

'Trade campaigners have welcomed the release of leaked papers detailing trade talks between the Trump administration and British government officials, which show the US government pushing Britain into as hard a Brexit as possible because they see this as the best way of benefitting the US economy. This comes at the expense of standards, protections and livelihoods in Britain.'

'It is hard to predict how full Brexit would play out, because this scale of multiple simultaneous renegotiations of global trade agreements is unprecedented – and no country has ever left the EU. It certainly can’t be assumed that Britain is bound to get quick and good deals because it is a large economy.'

The hostility shown to the EU contrasts with the fawning attitude towards the US and fails to recognise the disparity in economic power.

Increasingly, doing business with China involves a certain loss of sovereign power. / No matter how appealing a trade deal between Britain and China, it comes with costs. For a start, greater trade with China invariably means larger trade deficits.

A wave of disruptions is rocking the world trading system. Britain’s divorce from the European Union has turned messy, while the U.S. trade war with China has investors on edge. The cost of such risks is substantial, according to an analysis by Bloomberg Economics of OECD data.

US, European, Japanese and Chinese patients could get novel medicines ahead of patients in the UK after Brexit, the CEO of French pharma Ipsen has said in an interview.

If they do it could be more Britain’s fault than America’s

The UK's bid to join a 46-country trade agreement on mutually open government procurement markets has hit a setback after the US formally objected to its accession being delayed until the Brexit transition period ends, according to an internal EU note seen by MLex.

Britain should not be forced to accept lower US food standards. But this is only a small part of the harm done by globalisation. What’s wrong with chlorinated chicken? It’s not as if chlorine is absent from our lives: we drink it in our tapwater every day. Surely it’s a small price to pay for the trade deal with the US that the British government seeks?