UK-dependent U.S. companies downplay 'Brexit' worries

June 21, 2016 11:01 AM

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UK-dependent U.S. companies downplay 'Brexit' worries

U.S. companies which depend on the United Kingdom for sales are downplaying the risk that a vote by Britain to leave the European Union could seriously harm their businesses, even as economists and Wall Street have expressed concerns about the trans-Atlantic economic impact.

Britain, the fifth-largest buyer of U.S. exports last year with an estimated $56 billion in purchases according to the U.S. Census Bureau, is scheduled to vote on Thursday to determine whether it should stay in the European Union or withdraw.

Also read: EU Reward to Britain for Brexit Concessions May Prove Meager

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