Huge US Trade Deal in the Works with the UK on No-deal EU Exit

Huge US Trade Deal in the Works with the UK on No-deal EU Exit

The Trump Administration will pursue a free-trade agreement with Britain as soon as possible after it leaves the EU, Secretary of State Mike Pompeo said Wednesday as the country’s new Foreign Secretary made his 1st official visit to the United States.

Secretary Pompeo also thanked the government of new British Prime Minister Boris Johnson for agreeing to join a US-led maritime security initiative in the Persian Gulf.

Speaking at a news conference with visiting British Foreign Secretary Dominic Raab, Secretary Pompeo said The Trump Administration remains committed to respecting whatever Britain’s final decision on BREXIT is and is eager to conclude a trade deal.

We support the United Kingdom’s sovereign choice, however BREXIT ultimately shakes out and we’ll be on the doorstep, pen in hand, ready to sign a new free trade agreement at the earliest possible time,” Secretary Pompeo said.

Mr. Raab said PM Johnson and his Cabinet are “absolutely resolved, determined” to leave the EU at the end of October with or without a deal to soften its effects.

He said he hoped to conclude a new trade deal with the US “as soon as possible after we leave the EU on October 31.”

Secretary Pompeo lauded Britain for signing onto the US-led maritime security mission to protect international shipping in the Strait of Hormuz. The Secretary of State said Britain’s decision to participate “is a victory for meaningful, effective multilateralism.”

Stay tuned…

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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