Economic & Trade Relationships – A UK & US Perspective

With renewed importance placed on the opinions of the ‘populist movements’ in the UK and US and the topicality of trade deals, FTI Consulting conducted research with these populations to highlight their support or otherwise. Time will tell of they have any potential influence on their political leaders.

A simple questions about what sort of economic and trade relationship they want with a wide selection of topical countries was asked. We also broken these results down by how they voted (last election for both and referendum for the UK) and by various other profiling questions, so please get in touch if you’d like to receive these.

Here are some highlights:

1 – UK want the Commonwealth trading: For UK respondents, Australia and Canada dominate with twice as many wanting a closer relationship compared to France and Germany

UK Population: Preferred economic and trade relationships
Q. What sort of economic and trade relationship would you like your country to have with the following:

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2 – Brexiteers are looking West to the US: The US is also highly favoured for forming a closer relationship with the UK and this is particularly so by those who voted to leave the EU (55% want a closer relationship, compared to just 39% who voted to remain in the EU).

3 – May is following Conservative wishes: Conservative voters in the 2015 GE are also particularly keen to see a closer relationship with Australia, Canada and the US. On the whole, Labour voters are less keen for a closer economic and trade relationship with all the counties.

4 – Older generation in UK are more open to increasing trade: The older generation are also particularly encouraging of closer relationships, while the younger generation are more accepting of maintaining the present relationships.

5 – US also want a closer relationship with UK: The encouraging news for the UK is that 45% in the US want a closer economic and trade relationship (second to Canada with 53% in favour).

US Population: Preferred economic and trade relationships
Q. What sort of economic and trade relationship would you like your country to have with the following:

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6 – Political support from Trump voters on UK relationship: Trump voters are particularly keen to see a closer relationship with the UK (51%, which is +10% more than Clinton voters).

7 – A closer relationship for US and Russia?: Interestingly, 29% of Trump voters also want a closer relationship with Russia CIS, twice as many than Clinton voters.

8 – No generational divide in the US towards relationship with UK (unlike UK): Generation wise, the same proportion of ’18 – 29’ year olds (Millennials) want a closer relationship with the UK compared to those aged ‘50+’ yrs old (Baby boomers) with 44%.

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