Please ensure Javascript is enabled for purposes of website accessibility
U.S. Lobbyists Prepare to Seize 'Historic Opportunity' in Tory-Led Brexit to Shred Consumer Safeguards, Raise Drug Prices
Opinion
By Opinion
Published 5 years ago on
December 16, 2019

Share

[aggregation-styles]

Boris Johnson’s election on December 12 hinges on the British prime minister’s promise to leave the European Union. Johnson has remade the Conservative Party, pushing out longtime party members wary of a firm break from the EU, to cast the election as a chance to build a parliamentary majority focused on finalizing Brexit.
The original Brexit referendum that passed in June 2016 pitted populists against the establishment, with banks funneling huge amounts of money to oppose the referendum, which was cast as a measure to return taxes and power to local British citizens, while restoring the sovereignty of the U.K.’s borders against what was cast as unfair trade and uncontrolled migration.
But the politics of the deal have shifted over time, with hard-liners gaining power within Tory leadership and demanding a radical break from the EU. Corporate lobbyists now see an opportunity to use Johnson’s proposed swift exit from the EU as a way to forge bilateral trade deals, including one between the U.S. and the U.K, that would outsource local authority to rules set by an array of international business interests. A wide range of industries are primed to take advantage of the deal to evade EU consumer safeguards and drug pricing rules. Representatives from American pork to Silicon Valley and everything in between are trying to influence the negotiations.

Read More →

RELATED TOPICS:

DON'T MISS

What Are Fresno Real Estate Experts Predicting for 2025 and Beyond?

UP NEXT

Rise of the Anti-“Woke” Democrat

Ancient DNA Reveals a New Group of People Who Lived Near Land Bridge Between the Americas

3 hours ago

FDA Approves Moderna’s New Lower-Dose COVID-19 Vaccine

17 hours ago

Townsizing? Land Snorkeling? A User’s Guide to the Latest Travel Lingo

For your next trip, have you considered townsizing? What about choosing a detour destination? And instead of forest-bathing, maybe it’...

2 hours ago

2 hours ago

Townsizing? Land Snorkeling? A User’s Guide to the Latest Travel Lingo

2 hours ago

Trump Trade War Has Already Had Huge Effect on California Ports

3 hours ago

Cambodian American Chefs Are Finding Success and Raising Their Culture’s Profile. On Their Terms

3 hours ago

Ancient DNA Reveals a New Group of People Who Lived Near Land Bridge Between the Americas

17 hours ago

FDA Approves Moderna’s New Lower-Dose COVID-19 Vaccine

17 hours ago

Cabrera, Three Relievers Combine to Lead Marlins to Win Over Giants

17 hours ago

Spike in Steel Tariffs Could Imperil Trump Promise of Lower Grocery Prices

17 hours ago

Dodgers’ Mookie Betts Out With Broken Toe After Late-Night Bedroom Mishap

Help continue the work that gets you the news that matters most.

Search

Send this to a friend