The resignation of British Prime Minister Theresa May and the EU elections introduce another round of uncertainties to the Brexit process. May’s replacement will be unknown until after Jun. 7 and will be a major factor in the future direction of Brexit decision-making. The potential for a general election remains marginal. In the meantime all the options ranging from a no-deal Brexit through remaining in the EU remain in place ahead of the Oct. 31 decision deadline. British trade with the EU surged 16.1% higher year over year in March due to stockpiling. The EU also faces political chall...
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