Blood and treasure or fantasy: What is the UK-U.S. ‘special relationship’?
LONDON (Reuters) - Britain’s so-called ‘special relationship’ with the United States was one of the most enduring alliances of the 20th Century, though Brexit and the election of U.S. President Donald Trump have raised questions about its future. What is the special relationship and how do the United States and Britain compare on key measures? The United States is the world’s biggest economy, worth about $20.4 trillion or 23 percent of global GDP, while Britain is the world’s fifth largest, worth about $2.9 trillion (2.19 trillion pounds) or 3.3 percent of global GDP. While the EU accounts for about half of Britain’s external trade, the United States is by far the biggest single trading partner, followed by Germany, the Netherlands, France and China.