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Trump says Brexit deal hampers U.S.-UK trade

Credit: Reuters Studio
Published on November 27, 2018 - Duration: 01:48s

Trump says Brexit deal hampers U.S.-UK trade

U.S. President Donald Trump said on Monday the agreement allowing the United Kingdom to leave the European Union may make trade between Washington and London more difficult.

Francesca Lynagh reports.

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Trump says Brexit deal hampers U.S.-UK trade

U.S. President Donald Trump said Britain's Brexit deal could hamper the US-UK trade relationship.

On Monday, Trump took his own boot to Theresa May's widely reviled agreement... Saying it sounded ''like a great deal... for the European Union.'' Adding that he would have to take a ''serious look'' at whether or not the UK would be allowed to trade with the U.S. (SOUNDBITE) (ENGLISH) INTERACTIVE INVESTOR, HEAD OF MARKETS, RICHARD HUNTER, SAYING: "Number 10 for their part have been quick to respond that it's very clear that agreements trade agreements outside of the EU will be possible for the UK to undertake.

Nonetheless it's an unwelcome distraction." On Tuesday, Theresa May begins her UK tour - desperate to rally support for her much criticised Brexit plan.

First stop - Northern Ireland and Wales.

The PM's deal was rubber-stamped by EU leaders on Sunday.

Now it needs to be approved by a deeply divided British parliament in a mid-December vote.

(SOUNDBITE) (ENGLISH) INTERACTIVE INVESTOR, HEAD OF MARKETS, RICHARD HUNTER, SAYING: "May is trying to do two things, one is to convince parliament that the deal on the table is a rather better scenario than no deal at all.

And also she's moved outside of parliament by trying to win the hearts and minds of the people and clearly avoiding any second referendum.

So this one I suspect will go down to the wire and it may not even be in the early part of December that we find out once and for all." British newspaper, The Times, reporting on Tuesday that Brexiteers WILL BACK Theresa May on one condition - that she says when she'll quit.

The paper says a resignation after Exit day on March 29th next year would help pacify Brexiteer Tories who feel the current deal leaves Britain as little more than a vassal state.

Unable to break free from Brussels, but still subject to its regulations.

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