The British referendum to leave the European Union is a massive shock to the European political order. But what are its implications for U.S. foreign policy?
Conventional wisdom dictates that a vote for Brexit was the undesirable outcome for the United States. That is probably right: any economic instability is undesirable at a time of slow growth and fragile confidence.
That said, the danger that Brexit poses to U.S. foreign-policy interests, at least in the short term, can be overstated.
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