Trump warns Brexit may harm UK-US trade
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[WASHINGTON] President Donald Trump warned on Monday that the deal taking Britain out of the European Union may inadvertently hamper trade between London and Washington.
"Sounds like a great deal for the EU," he said at the White House, before adding that "we have to take a look at seriously whether or not the UK is allowed to trade."
"You know, right now, if you look at the deal, they may not be able to trade with us, and that wouldn't be a good thing," he said.
"I don't think they want that at all. That would be a very big negative for the deal."
He expressed hope that Prime Minister Teresa May will "be able to do something about that."
The British leader on Sunday closed 17 months of painful talks with Brussels by sealing Brexit arrangements with the 27 other EU heads of state and government.
Navigate Asia in
a new global order
Get the insights delivered to your inbox.
However, Mrs May faces a difficult task getting parliamentary approval for the deal.
AFP
Share with us your feedback on BT's products and services
TRENDING NOW
StarHub hands Ensign InfoSecurity control back to Temasek in S$115 million deal, books S$200 million gain
Singaporeans can now buy record amount of yen per Singdollar
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Keppel DC Reit posts 13.2% higher Q1 DPU of S$0.02833 on strong portfolio performance