Lest it be thought that trade—indeed, economics—was the foremost consideration in the British decision to
secede from the E.U., the state’s prime minister tasked with implementing the
secession made it clear that the political union had been the prime antagonist
from the British standpoint. In American terms, such a position has been
labeled as anti-federalist and even “states’ rights.” Economic considerations
are not primary; rather, federalism is front and center—in particular, where
power should be lodged. This ought not to strike fear into British business
practitioners.