Donald Trump vows to give UK ‘phenomenal’ post-Brexit trade deal
The US President promised to offer Britain favourable trade deal once the country leaves the EU during his controversial state visit to the UK.
US President Donald Trump vowed that Britain would get a ‘phenomenal’ post-Brexit trade deal on Tuesday during his controversial state visit to the UK.
‘As the UK makes preparations to exit the European Union, the United States is committed to a phenomenal trade deal between the US and the UK,’ Trump said.
‘This is a great, great country and it wants its own identity, it wants to have its own borders, it wants to run its own affairs. This is a very, very special place,’ he added.
Boris Johnson will do a ‘good job’ as PM, says Donald Trump
Never one to hide his true feelings, Trump was quick to express his admiration for prime ministerial candidate frontrunner Boris Johnson, who has pledged to leave the EU on October 31 with or without a deal.
‘I know Boris, I like him, I’ve liked him for a long time. I think he would do a very good job,’ Trump told reporters at a news conference at Britain’s Foreign Office.
He echoed similar praise for Johnson’s rival in the race to become prime minster, UK foreign minister Jeremy Hunt.
‘I know Jeremy, I think he’d do a very good job,’ he added.
Huawei 5G networks in London won’t impact US-UK relations
Trump stressed that an interim decision made by British officials to grant Huawei a limited role in 5G network development in London would not impact security cooperation between the UK and US.
‘We have an incredible intelligence relationship and will be able to work out any differences,' Trump told reporters.
‘We did discuss it, I see absolutely no limitations, we have never had limitations, this is a truly great ally and partner and we will have no problem with that,’ he added.
This information has been prepared by IG, a trading name of IG Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients.
CFDs are a leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your initial deposit, so please ensure that you fully understand the risks involved.
Be ready to act on ECB opportunities
Learn how the ECB’s monetary policy announcements affect interest rates and price stability ahead of its next meeting in 12 September 2024.
- How might the next meeting affect the markets?
- What are the key rate decisions to watch?
- Why is the Governing Council announcement important for traders?
Live prices on most popular markets
- Forex
- Shares
- Indices
Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.
