Commentary EU

Trump is right in criticizing May

President Donald Trump met Prime Minister Theresa May in London yesterday. An outspoken critic of May’s negotiating strategies, Trump was right to point out that May should have threatened the EU with a no deal Brexit.

The UK will suffer great economic losses by leaving the EU. A skilled negotiator would have been more outspoken about the potential harm caused by Brexit, enabling them to take a firmer position in an era wrought by China’s economic downturn, globalisation, and the enormous debt burdening EU member states. 

London could have threatened Brussels in two ways. The EU's export to Britain comes to about 390 billion euro annually. By contrast, British exports to Europe reach 280 billion. It follows that continental Europe has a much greater interest in having free access to the British market than vice versa.

The second argument could have revolved around tax havens. The City of London enjoys privileges making it one of the world's most important tax havens. This position will be strengthened after Brexit by the fact that the City of London has direct access to Virgin and Cayman Islands and more than a dozen smaller islands that are tax havens under the rule of the British Crown.

Bearing that in mind, it’s incomprehensible why May was so soft on the EU. A skilled negotiator might not really want to do what he says, but he might threaten so much that the other side would meet the requirements. However, May rather acted as a supplicant appealing to the generosity of the EU, while the EU wanted to punish the UK. Brussels's behavior can be understood, but why did May make it so easy for the EU?

May negotiated weakly, surrendering advantages and giving enough time for Remainers to push the opportunistic political class to betray its leaders' promise to respect the referendum results.

Progressive journalists have "uncovered" the desire for profit behind Trump's criticism, which is not difficult. Of course, Brexit is in the interest of the United States. Trump doesn’t want a strong Union, just like the all-time favorite of progressive intellectuals, Barack Obama, didn’t want it either. Obama pushed the Europeans to help Greece, threatening the euro and helping American banks simultaneously. There is only one difference between the two Presidents: Trump says "America first" while Obama recited poems about solidarity.

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