President Trump Weighs in on BREXIT Impasse

President Trump Weighs in on BREXIT Impasse

Sunday, President Trump urged British Prime Minister Boris Johnson and Brexit Party leader Nigel Farage to come together to safeguard prospects for expanded US-UK trade after Britain leaves the European Union.

President Trump told reporters at the White House that both men were friends of his, but Mr. Johnson was “the right man for the time.

Sunday, Mr. Farage said he would not run for a seat in parliament in Britain’s snap 12 December election, focusing instead on campaigning against PM Johnson’s EU divorce deal. The election was called because of an impasse in parliament over BREXIT, more than three years after voters decided to leave the single currency bloc.

Asked which UK leader he supported, President Trump said, “I like them both. I think Boris will get it right. They’re both friends of mine. What I’d like to see is for Nigel and Boris to come together. I think that’s a possibility.

President Trump said Britain’s exit from the EU must be structured to facilitate continued trade between Britain and the United States.

“We’re far and away the #1 economy in the world, and if you do it a certain way we’re prohibited from trading with the UK,” he said. “That would be very bad for the UK, because we can do much more business than the European Union.”

President Trump floated the idea that Messrs Johnson and Farage could combine forces, saying it could be “terrific.” “If you and he get together it’s, you know, unstoppable force,” President Trump told Mr. Farage in the interview.

Mr. Farage saying he would be “right behind” PM Johnson, on condition the prime minister dropped the BREXIT deal he struck with the European Union 2 weeks ago and instead went for a “clean break” without a deal.

President Trump said Britain could do 5X more trade with the United States, but might be prevented from doing a bilateral trade deal by the terms of the potential post-BREXIT trade relationship that London and Brussels have set out.

Have a terrific weekend.

The following two tabs change content below.

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.

You must be logged in to post comments :  
CONNECT WITH