Economic Report Dutch version
We foresee twee realistically possible outcomes: a bilateral free trade agreement or no agreement. In both of the scenarios, Dutch companies doing business with the UK will face increased barriers to trade.
The US value chain is sliced up globally, which limits possibilities for protectionist policies without hurting domestic US firms. US firms are especially involved in three Mexican industries, with the motor vehicle industry being the most prominent one.
Theresa May wanted to exploit her enormous lead in the polls to strengthen her Brexit mandate, but this gamble has now backfired. The Conservatives lost their majority in the House of Commons, an arrangement with DUP is now a plausible scenario.
Economic Quarterly Report Dutch version
Global economic growth expected to outperform 2016 both this year and in 2018, but geopolitical developments still pose downside risks. Rising current account imbalances are hindering a powerful recovery.
At the moment PM May called for snap elections, the Tories’ had a large lead in the polls. However, the gap with Labour has narrowed over the last few weeks. If the Tories lose their majority, this could have implications for the Brexit outcome.