Since the June 2016 vote in favor of Britain’s exiting the EU, the British have been considering ways to accomplish this but have never been able to settle on an agreed upon plan. Now there is even talk of starting all over with a second referendum that could potentially undo the first. In the meantime, Prime Minister Theresa May’s proposals have been defeated in Parliament, and Parliament is set to take over the process. What is the significance of Brexit? What are the likely scenarios going forward? What do they mean for the future of Britain and the EU? And what are the implications for the United States?
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