Since the 2016
Brexit referendum, not just the UK, almost the entire Europe is clouded by the
mist of Brexit. The Prime Minister, May, has suffered several defeats in the
House of Parliament and still not produced a deal that makes the majority happy
yet. One of the advantages claimed by the 'Leave' campaign is that the UK is
free to sign trade deals with non-EU countries after leaving the EU; however,
many of these trade deals have not been formally signed yet. Therefore, maybe
the UK can sign new trade deals, but it has its uncertainty that these trade
deals may not be signed eventually if other countries feel the UK economy is
weakened significantly by Brexit and find it no longer profitable enough to
sign trade deals with the UK.
Currently, the UK
has one safe way, which is abandoning its plan to exit the EU. However, the
Parliament has rejected this plan and I do not think this action will be
reversed at any point in the future. I think that the UK may delay Brexit and
buy itself more time to negotiate with the EU as well as its own Parliament.
The Brexiters are themselves very divisive and do not have any much agreement
within them. I do not know at this moment that how the UK government produces a
deal that makes everyone happy, but I do not even think this is possible. I
think that the Brexit problem is highly likely to be passed to the next
government.
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