Trump says Brexit agreement may hamper U.S.-British trade; UK differs

WASHINGTON (Reuters) - 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, but the UK prime minister's office disputed his interpretation. Trump told reporters outside the White House that the deal sounded like it would be good for the European Union, but 'I think we have to take a look seriously whether or not the UK is allowed to trade.

Reuters November 27, 2018 04:06:06 IST
Trump says Brexit agreement may hamper U.S.-British trade; UK differs

Trump says Brexit agreement may hamper USBritish trade UK differs

WASHINGTON (Reuters) - 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, but the UK prime minister's office disputed his interpretation.

Trump told reporters outside the White House that the deal sounded like it would be good for the European Union, but "I think we have to take a look seriously whether or not the UK is allowed to trade.

"Because right now if you look at the deal, they may not be able to trade with us," he said. "And that wouldn't be a good thing. I don't think they meant that."

He said he hoped British Prime Minister Theresa May would be able to address the problem, but he did not specify which provision of the deal he was concerned about.

A spokeswoman for May's office said the agreement struck with the EU allowed the UK to sign trade deals with countries throughout the world, including with the United States.

"We have already been laying the groundwork for an ambitious agreement with the U.S. through our joint working groups, which have met five times so far," the spokeswoman said.

Under the deal secured with EU leaders on Sunday, the UK will leave the bloc in March with continued close trade ties. But the odds look stacked against May getting it approved by a divided British parliament.

(Reporting by Jeff Mason; Additional reporting by Alistair Smout in London; Writing by Makini Brice and Doina Chiacu; Editing by Susan Thomas and Peter Cooney)

This story has not been edited by Firstpost staff and is generated by auto-feed.

Updated Date:

TAGS:

also read

France, Germany to agree to NATO role against Islamic State - sources
| Reuters
World

France, Germany to agree to NATO role against Islamic State - sources | Reuters

By Robin Emmott and John Irish | BRUSSELS/PARIS BRUSSELS/PARIS France and Germany will agree to a U.S. plan for NATO to take a bigger role in the fight against Islamic militants at a meeting with President Donald Trump on Thursday, but insist the move is purely symbolic, four senior European diplomats said.The decision to allow the North Atlantic Treaty Organization to join the coalition against Islamic State in Syria and Iraq follows weeks of pressure on the two allies, who are wary of NATO confronting Russia in Syria and of alienating Arab countries who see NATO as pushing a pro-Western agenda."NATO as an institution will join the coalition," said one senior diplomat involved in the discussions. "The question is whether this just a symbolic gesture to the United States

China's Xi says navy should become world class
| Reuters
World

China's Xi says navy should become world class | Reuters

BEIJING Chinese President Xi Jinping on Wednesday called for greater efforts to make the country's navy a world class one, strong in operations on, below and above the surface, as it steps up its ability to project power far from its shores.China's navy has taken an increasingly prominent role in recent months, with a rising star admiral taking command, its first aircraft carrier sailing around self-ruled Taiwan and a new aircraft carrier launched last month.With President Donald Trump promising a US shipbuilding spree and unnerving Beijing with his unpredictable approach on hot button issues including Taiwan and the South and East China Seas, China is pushing to narrow the gap with the U.S. Navy.Inspecting navy headquarters, Xi said the navy should "aim for the top ranks in the world", the Defence Ministry said in a statement about his visit."Building a strong and modern navy is an important mark of a top ranking global military," the ministry paraphrased Xi as saying.