I don’t know if the Republican Party’s top strategists are focused on what’s happening to the Conservative Party in the United Kingdom or not, but the business community should be paying attention. The Tories were almost exterminated in the parliamentary elections for the European Union, winning only four seats in all of England, Scotland, and Wales. A new YouGov poll of a potential UK parliamentary election shows the Tories pulling 19 percent, even with Labour and behind both the anti-Brexit Liberal Democrats (24 percent) and Nigel Farage’s Brexit Party (22 percent).
The Tories will have a harder time clawing back support than Labour because they’re still expected to deliver a Brexit deal, and they probably cannot accomplish that task. The business community is looking at a Conservative Party that can no longer represent them in a minimally acceptable way. The Tories will either crash out of the European Union with no deal (as the Brexit Party demands) or they’ll cede their position as a major party. The Labour Party can adjust to the surge for the Liberal Democrats by adopting a more coherent and consistent Remain position.
In America, the Republican Party has basically been taken over by a Brexit-type mentality, and the president’s decision to ramp up tariffs on Mexican goods is going to cause the same kind of economic chaos and hardship as a No-Deal Brexit will cause for the United Kingdom.