From the article
This week Theresa May took her first foreign trip as Britain’s new prime minister, to reassure the continentals that they weren’t being cut off. The size of the task involved in reshaping British trade relations after exiting Europe became clearer. A major takeover showed either that Britain was open for business or that its assets just became a lot cheaper with the post-Brexit devaluation.
Kimberley Ann Elliott at the Center for Global Development looks at the question of bringing the U.K.’s membership of the World Trade Organization up to date. One complication is agriculture: the WTO’s 162-strong membership gets a say on British subsidies.
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