Money Trump says May's Brexit plan would kill UK-US trade deal

03:15  13 july  2018
03:15  13 july  2018 Source:   msn.com

After marathon meeting, UK leaders endorse Brexit trade plan

  After marathon meeting, UK leaders endorse Brexit trade plan British Prime Minister Theresa May corralled her Cabinet inside an English country house for a long, hot day Friday, and announced that the divided government had finally agreed on a plan for a future free-trade deal with the European Union. Load Error

He told The Sun the PM' s plan would "probably kill the deal " as it would mean the US "would be dealing with the European Union" instead of with the UK . Theresa May has been making the case for a US free trade deal with Mr Trump , on his first UK visit as president. She said Brexit was an

He told The Sun the PM' s plan would "probably kill the deal " as it would mean the US "would be dealing with the European Union" instead of with the UK . Theresa May has been making the case for a US free trade deal with Mr Trump , on his first UK visit as president. She said Brexit was an

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LONDON - U.S. President Donald Trump lobbed a verbal hand grenade into Theresa May's carefully constructed plans for Brexit, saying Thursday that the British leader had wrecked the country's exit from the European Union and likely "killed" chances of a free-trade deal with the United States.

Trump, who is making his first presidential visit to Britain, told The Sun newspaper he had advised May on how to conduct Brexit negotiations, "but she didn't listen to me."

"She should negotiate the best way she knows how. But it is too bad what is going on," the president said.

The Rupert Murdoch-owned tabloid published an interview with Trump as May was hosting him at a black-tie dinner at Blenheim Palace, birthplace of Britain's World War II Prime Minister Winston Churchill — the leader who coined the term "special relationship" for the trans-Atlantic bond.

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President Donald Trump has said British Prime Minister Theresa May ' s Brexit plans will "probably kill " any US - UK trade deal . The US president made an explosive intervention into British politics in an interview with The Sun published Thursday.

Donald Trump has warned that Theresa May ' s Brexit plan would " kill " chances of any US - UK trade deal . Mr Trump added that he had advised Ms May against pursuing a soft Brexit strategy and said she "didn't listen" to him.

The Sun said the interview was conducted Thursday in Brussels, before Trump travelled to Britain. His remarks on Brexit came the same day May's government published long-awaited proposals for Britain's relations with the EU after it leaves the bloc next year.

The long-awaited document proposes keeping Britain and the EU in a free market for goods, with a more distant relationship for services.

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The plan has infuriated fervent Brexit supporters, who think it would limit Britain's ability to strike new trade deals around the world. Foreign Secretary Boris Johnson and Brexit Secretary David Davis both quit the government this week in protest.

Trump came down firmly on the side of the Brexiteers, saying what May proposed would hurt the chances of a future trade deal between the U.K. and the United States.

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Donald Trump has warned that Theresa May ' s Brexit plan would " kill " chances of any US - UK trade deal . Mr Trump added that he had advised Ms May against pursuing a soft Brexit strategy and said she "didn't listen" to him.

DONALD Trump has threatened to “ kill ” any trade deal with the UK if the Prime Minister continues with her plans for a soft Brexit . “If they do that, then their trade deal with the US will probably not be made.” Trump further dealt a damaging blow to May by saying he would have handled the Brexit

"If they do a deal like that, we would be dealing with the European Union instead of dealing with the U.K., so it will probably kill the deal," Trump said.

He said "the deal she is striking is a much different deal than the one the people voted on."

In fact, much of Britain's division over Brexit — which has split the governing Conservative party and the public at large — stems from the June 2016 referendum on withdrawing from the EU not including language about would come next.

May's government is trying to satisfy Britons who voted for their country to leave the bloc, but to set an independent course without hobbling businesses, security agencies and other sectors that are closely entwined with the EU.

May insisted earlier Thursday that her plan was exactly what Britons had voted for in the 2016 referendum.

"They voted for us to take back control of our money, our law and our borders," she said. "That is exactly what we will do."

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  Trump defends tariff moves as allies strike back President Trump is defending his plans to levy billions of tariffs on the nation's closest trading partners even as U.S. allies retaliate one-by-one.Load Error

President Trump criticized British Prime Minister Theresa May ' s handing of Brexit Thursday, telling The Sun newspaper that her plan was "very unfortunate" and would "probably" kill any possible trade deal between the U . S . and the U . K .

“I would have done it much differently,” Trump said of May ' s Brexit plan . Brexit Secretary David Davis and Foreign Minister Boris Johnson resigned last week, each citing frustrations with May ’ s proposal to create a “ UK -EU free trade area.”

In another blow to May, Trump said her now ex-foreign secretary "would be a great prime minister. I think he's got what it takes."

May and Trump are scheduled to hold talks and a joint news conference on Friday.

Trump's interview easily could overshadow the government's attempt to lay out plans for what it calls a "principled and pragmatic" Brexit.

Britain is currently part of the EU's single market — which allows for the frictionless flow of goods and services among the 28 member states — and its tariff-free customs union for goods. That will end after the U.K. leaves the bloc in March.

The plans laid out Thursday in a 98-page government paper gave Britain's most detailed answer yet to the question of what will replace them.

Under the blueprint, Britain would stick to a "common rulebook" with the EU for goods and agricultural products in return for free trade, without tariffs or border customs checks. Such an approach would avoid disruption to automakers and other manufacturers that source parts from multiple countries.

The government said Britain would act "as if in a combined customs territory" with the EU, using technology at its border to determine whether goods from third countries were bound for Britain or the EU, and charging the appropriate tariffs in those cases.

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Donald Trump said Theresa May ' s new soft Brexit blueprint would ' kill ' any future trade deal with the United States . A big US - UK trade deal , long promised by Mr Trump , is cherished by Leave campaigners as Brexit ’s biggest prize. But the President said Mrs May ’ s plan “ will definitely affect

Donald Trump said Theresa May ’ s new soft Brexit blueprint would ‘ kill ’ any future trade deal with the United States . A big US - UK trade deal , long promised by Mr Trump , is cherished by Leave campaigners as Brexit ’s biggest prize. But the President said Mrs May ’ s plan “ will definitely affect

Britain says that will solve the problem of maintaining an open border between Northern Ireland, which is part of the U.K., and EU member Ireland.

Free trade would not apply to services, which account for 80 per cent of the British economy. The government said that would give Britain "freedom to chart our own path," though it would mean less access to EU markets than there is now.

The plan also seeks to keep Britain in major EU agencies, including the European Aviation Safety Agency, the European Medicines Agency and the police agency Europol.

When the U.K. leaves the EU, it will end the automatic right of EU citizens to live and work in Britain. But Britain said EU nationals should be able to travel visa-free to Britain for tourism or "temporary business," and there should be measures allowing young people and students to work and study in Britain.

Other elements likely to anger Brexit-backers are Britain's willingness to pay the EU for access to certain agencies and the suggestion some EU citizens could continue to work in Britain visa-free.

And while Britain will no longer fall under the jurisdiction of the European Court of Justice — a longtime bugbear of Brexit supporters — British courts would "pay due regard" to European court case law in relevant cases under the proposals.

Pro-Brexit Conservative lawmaker Jacob Rees-Mogg colorfully described the plan as "the greatest vassalage since King John paid homage to Phillip II at Le Goulet in 1200."

Pro-EU lawmakers, in contrast, think the proposed post-Brexit ties with the bloc are not close enough.

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