The hidden perils of a trade deal with Trump
Trump could insist we lower food standards—the source of panicked headlines about chlorinated chicken. Sam Lowe at the Centre for European Reform confirmed we could be asked to “remove existing bans on certain food products.”
...We cannot rely on America to “fill the gap.” Lowe added “estimates tend to predict that a comprehensive US agreement would result in long-run British GDP being 0.2-0.35 per cent larger than it would have been otherwise.” That would not nearly compensate for the loss of frictionless trade with Europe.