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re: [Update] The UK votes to leave the EU
It doubt America wouldn't sign a trade agreement with us but we would be in a weakened position to negotiate for a favorable deal. People will use the fear of the unknown to promote the In argument but those doing the SNP-style 'everything will be great' argument about the merits of leaving are being equally disingenuous.
For example what's stopping us ending up in a situation where we're still bound by EU product regulations (because we have to trade with that bloc) but now have no say at all in that policy? Or a Norway situation where we pay for access to the club still?
The Outers will happily dismiss all those as scaremongering too.
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