Capitol Ink | Race to the Exit

Capitol Ink | A Special Relationship

For Diplomat In Chief Trump, It’s All Personal
Trump signals global relations will be driven by feelings about leaders

President Donald Trump and British Prime Minister Theresa May participate in a joint press conference at the East Room of the White House on Friday. (Alex Wong/Getty Images)

ANALYSIS | For Donald Trump, it’s all personal. But British Prime Minister Theresa May showed him that might not be enough.

During his first joint press conference with a foreign leader, it became clear that American foreign policy will be, in part, driven by how the former real estate mogul and businessman feels about his counterparts.

5 Things the Brexit Vote Means for the Rest of the World
Plunging markets, political instability among immediate forecasts

The upcoming resignation of British Prime Minister David Cameron, seen during a visit to the Capitol in 2013, is just one consequence of the Brexit vote. (Tom Williams/CQ Roll Call file photo)

The shock waves of the decision by British voters to leave the European Union began almost immediately after the polling booths closed Thursday night. The British pound plummeted against the dollar, the Dow tanked , and experts predicted years of uncertainty in the United Kingdom and Europe. Here are five immediate takeaways.  

1. Economic instability :  Economic forecasts predicted a prolonged recession in Europe and the United Kingdom after a Brexit vote. Sebastian Mallaby, a senior fellow at the Council on Foreign Relations, explained why in an op-ed published last week in The Washington Post: British regulations, derived from EU rules, will have to be rewritten wholesale. Nobody will know for some time what will happen with Britain's commercial relationships with its trading partners or its membership in the EU single market. Global businesses based in London will begin considering whether they should move, triggering a potential real estate bust — and anyone who lived through the 2008 recession knows what that would mean for consumer spending.  

State Department, British Embassy to 'Try Rugby'

A member of the New Zealand ambassador's XV rugby team, in white, runs from defenders from the Combined Services Rugby Team, composed of players from branches of the U.S. military, during a match in Washington in 2012 . (Tom Williams/CQ Roll Call File Photo)

The British Embassy and the State Department are playing each other in a rugby match on Wednesday. Celebrating the launch of “Try Rugby USA,” the two offices are competing in a touch rugby game, open to any spectators.  

The match will take place at 12:30 p.m. on Georgetown University’s Cooper Field. On the U.K. team is former Washington Redskins linebacker Ken Harvey, as well as embassy staff and British defense staff. The coaches are British rugby coach Tosh Askew, Rugby Union player for London Irish, Nic Rouse, and head coach of the University of Bath Women’s rugby team, Caryl Thomas.