Brexit Talks Seen Risking Almost $600 Billion in U.S. Investment
- U.S. Chamber of Commerce urges ‘unfettered’ trade with Europe
- Lobbying group presses for continued free movement of labor
Commuters walk across London Bridge on June 27, 2016.
Photographer: ODD ANDERSEN/AFP/Getty ImagesThis article is for subscribers only.
The largest U.S. business lobbying group has warned the British government that it must maintain full “unfettered” access to the European market in Brexit negotiations if it is to retain almost $600 billion that U.S. companies have invested in the U.K.
The U.S. Chamber of Commerce dismissed as “nonsense” claims by some Brexit supporters that the relatively low tariffs the European Union charges on imports wouldn’t discourage investment in Britain.