Word on the Street: Brexit is Dampening Expansion Plans

During Camoin 310’s direct outreach for a marketing mission to the United Kingdom, specifically Scotland, a number of executives told our team that while the United States either is, or soon will be, a growing region for their business, the uncertainty around what will happen with Brexit has put a damper on some potential plans for expansion to the States.

There is also some trepidation about what sort of negotiations will take place with the U.S. on an individual country-to-country trade deal if a “no deal” Brexit truly happens, especially given the perceived volatility of the current administration’s trade policies. Needless to say, this makes it a bit more difficult to prospect in the affected countries compared to previous years.

One glimmer of hope for the U.S. is that some executives see this as a possible chance to get out of the U.K. before things become even more complicated than they already are.

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