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Will America win or lose from British vote to leave the European Union?

Published Mon, Jun 27, 2016 · 09:50 PM

Washington

THE British vote to leave the European Union has shaken world financial markets. The immediate and medium-term prospects for economic growth in the United Kingdom are severely diminished, and the impact on the rest of Europe will be negative.

Some of the obvious political winners from "Brexit" are people who do not like Western Europe and what it stands for. Ironically, the United States - Europe's greatest ally and the EU's largest trading partner - may also end up as a beneficiary, though not if Donald Trump, the presumptive Republican nominee, wins the presidential election in November.

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