Sunday, President Trump promised a big trade deal for post-BREXIT Britain to PM Boris Johnson and praised him as the right man to take Britain out of the failing EU.
Mr. Johnson faces a delicate task of managing European allies while not upsetting President Trump at the G-7 Summit in France, said that there are huge opportunities for British businesses in the US market.
Speaking to reporters with Mr. Johnson ahead of a trade-focused bi-lateral meeting, President Trump said Britain’s membership of the EU had been a drag on efforts to forge closer trade ties over the last many years.
“We’ are going to do a very big trade deal – bigger than we have ever had with the UK,” President Trump said. “At some point, they won’t have the obstacle of – they will not have the anchor around their ankle, because that is what they had. So, we’ are going to have some very good trade talks and big numbers.”
With less than 3 months until the 31 October deadline, it is not clear how, when or even whether Britain will leave the EU. The uncertainty around BREXIT the United Kingdom’s most significant political and economic post-war move, has left allies and investors cautious for the past 3 years.
Opponents fear BREXIT will make Britain poorer and divide the West as it grapples with both Trump Presidency and growing assertiveness from Russia and China.
Supporters acknowledge the breakup might bring short-term instability, but say in the longer term it will allow the United Kingdom to thrive if cut free from what it sees as a doomed attempt to forge European socialist bloc.